Amundi S&P 500 PAB Net Zero Ambition Acc seeks to replicate, as closely as possible the performance of S&P 500 Net Zero 2050 Paris-Aligned ESG+ 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%..