Amundi MSCI World Climate Net Zero Ambition PAB UCITS ETF Acc seeks to replicate, as closely as possible the performance of the MSCI World Climate Paris Aligned Filtered Index, whether the trend is rising or falling while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Index (the “Tracking Error”).
The Sub-Fund aims to achieve a level of tracking error of the SubFund and its index that will not normally exceed 1%..