AMUNDI FUNDS ABSOLUTE RETURN MULTI-STRATEGY - A EUR

FACTSHEET

31/01/2021
ABSOLUTE PERFORMANCE ■

Investment Objective
Seeks to achieve a positive return in all types of market conditions over the recommended holding period.
The Sub-Fund invests, directly or indirectly, in a broad range of securities from around the world, including emerging markets. These investments may include government and corporate
bonds of any maturity, equities, convertible bonds and money market securities. The Sub-Fund may also seek exposure to commodities, real estate, and currencies. The Sub-Fund may
invest up to 50% of its assets in equities and up to 25% in convertible bonds (including up to 10% in contingent convertible bonds). The Sub-Fund's investments will mainly be denominated
in euro, other European currencies, U.S. dollar or Japanese yen.
The Sub-Fund makes extensive use of derivatives to reduce various risks, for efficient portfolio management and as a way to gain exposure (long or short) to various assets, markets or other
investment opportunities (including derivatives which focus on credit, equities, interest rates, foreign exchange, volatility and inflation). The Sub-Fund may use derivatives to gain exposure to
loans up to a maximum of 20% of its assets.
Benchmark :  The Sub-Fund is actively managed. The Sub-Fund may use a benchmark a posteriori as an indicator for assessing the Sub-Fund's performance and, as regards the
performance fee benchmark used by relevant share classes, for calculating the performance fees. There are no constraints relative to any such Benchmark restraining portfolio construction.
Management Process :  The investment manager first constructs a macro strategy portfolio to provide a return not correlated to any market, and then overlays this with an investment
strategy to generate excess return.

Meet the Team

Davide Cataldo Francesco Dall’Angelo

Head of Absolute Return Multi Multi-Strategy Portfolio Manager

Strategy

Risk & Reward Profile (SRRI)

Additional Risks

Important risks materially relevant to the Sub-Fund  which are not adequately captured by
the indicator:
Lower risk, potentially lower rewards Credit risk: represents the risks associated with an issuer’s sudden downgrading of its
signature’s quality or its default.
Higher risk, potentially higher rewards Liquidity risk: in case of low trading volume on financial markets, any buy or sell trade on
these markets may lead to important market variations/fluctuations that may impact your
The SRRI represents the risk and return profile as presented in the Key Investor portfolio valuation.  
Information Document (KIID). The lowest category does not imply that there is no risk. Counterparty risk: represents the risk of default of a market participant to fulfil its
The SRRI is not guaranteed and may change over time contractual obligations vis-à-vis your portfolio.
The risk level of this Sub-Fund reflects the maximum projected volatility of the portfolio. Operational risk: this is the risk of default or error within the different service providers
involved in managing and valuing your portfolio.
Emerging Markets risk : Some of the countries invested in may carry higher political, legal,
economic and liquidity risks than investments in more developed countries.
The use of complex products such as financial derivative instruments might increase market
movements in your portfolio.  
The occurrence of any of these risks may have an impact on the net asset value of your
portfolio.

Key Information (source : Amundi) Information

Net Asset Value (NAV) : 64.51 ( EUR ) Fund structure : UCITS
NAV and AUM as of : 29/01/2021 Sub-fund launch date : 07/06/2019
ISIN code : LU1882439323 Share-class inception date : 07/06/2019
Assets Under Management (AUM) : 1,617.56 ( million EUR ) Eligibility : Securities account, life insurance
Sub-fund reference currency : EUR French tax wrapper : Eligible Planilion
Share-class reference currency : EUR Type of shares : Accumulation
Benchmark : None Minimum first subscription / subsequent :
Comparative benchmark : 100.0% DEUTSCHE BANK EONIA TOTAL RETURN 1 thousandth(s) of (a) share(s) / 1 thousandth(s) of (a) share(s)
Entry charge (maximum) : 4.50%
Ongoing charges : 1.45% ( realized 31/12/2020 )
Exit charge (maximum) : 0.00%
Minimum recommended investment period : 4 years
Performance fees : Yes

■ www.amundi.com

For "retail" investors information

 AMUNDI FUNDS ABSOLUTE RETURN MULTI-STRATEGY - A EUR
FACTSHEET
31/01/2021

ABSOLUTE PERFORMANCE ■
Returns

Performance evolution (rebased to 100) from 29/01/2016 to 29/01/2021* Risk analysis (rolling)
115   1 year 3 years 5 years
Portfolio volatility 7.84% 4.94% 4.19%
110 Volatility is a statistical indicator that measures an asset’s
variations around its average value. For example, market
variations of +/- 1.5% per day correspond to a volatility of
105 25% per year.

Fund Statistics
100
  Portfolio
95 Modified Duration 7.47
Number of Lines 1576
Modified duration (in points) estimates a bond portfolio’s
90
percentage price change for 1% change in yield
/16

/16

/17

/17

/18

/18

/19

/19

/20

/20

/21
01

07

01

07

01

07

01

07

01

07

01
Portfolio (109.47) Comparative Index (98.08)
Main Lines in Portfolio
Cumulative Returns *
  Portfolio *
  YTD 1 month 3 months 1 year 3 years 5 years Since AMUNDI PHYSICAL GOLD ETC (AMSTERDAM) 3.46%
Since 31/12/2020 31/12/2020 30/10/2020 31/01/2020 31/01/2018 29/01/2016 12/12/2008 DBRI IE 0.1% 4/23 2.04%
Portfolio 0.36% 0.36% 4.96% 5.34% 3.12% 9.47% 34.17% LYXOR TH-REUTERS CORE COMMO(ITA) 1.99%
Comparative Index -0.04% -0.04% -0.12% -0.47% -1.23% -1.92% 0.53% BTPS 0.95% 03/37 1.97%
BTPS 2.8% 03/67 1.80%
Comparative Spread 0.40% 0.40% 5.08% 5.81% 4.35% 11.39% 33.64%
NZGB 3% 04/29 0429 1.14%
CANADA I 4.25% 12/21 1.03%
Calendar year performance *
JGBI 0.1% 3/27 0.98%
  2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 ISHARES S&P GL CLEAN ENERGY 0.95%
CANADA 2.25% 03/24 0.94%
Portfolio 5.12% 3.08% -3.67% 1.47% 1.81% 2.12% 3.84% 3.12% 5.11% -6.02%
* The main lines in portfolio are presented except money
Comparative Index -0.47% -0.40% -0.37% -0.36% -0.32% -0.11% 0.10% 0.09% 0.24% 0.88%
market
Comparative Spread 5.59% 3.48% -3.30% 1.82% 2.13% 2.23% 3.74% 3.03% 4.87% -6.90%

* Source : Amundi. The above results pertain to full 12-month period per calendar year. All performances are
calculated net income reinvested and net of all charges taken by the Sub-Fund and expressed with the round-off
superior. Past performance is not a reliable indicator of future performance. The value of investments may vary
upwards or downwards according to market conditions.

Portfolio Breakdown

Asset Allocation Currency

100 %

Fixed Income 149.66 % 78.33 %

75 %

Equity 12.99 % 50 %

25 %
Cash&FX 10.20 %

4.94 % 4.42 % 4.42 % 4.39 % 2.14 % 1.94 %

1.31 % 1.29 %
0%
-3.18 %
Others 8.51 %

-25 %
s

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bi

ah

so

s
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er
an

on

on
Ye

in

Pe
pi
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Commodities 7.47 %
th
Eu

nm
Fr

Kr

Kr
se

Ru

O
St

an
s

sh
ne

Re
is

an
ia

ic
d

ni
Sw

pa

eg
un

ex
re

si
Da
Ja

ne
w

ho
Po

M
or

do
ffs

0% 25 % 50 % 75 % 100 % 125 % 150 % 175 %

N

In
O

Fund % Fund %

Amundi Asset Management, SAS (French : Société par Actions Simplifiée)

with a capital of 1 086 262 605 €
AMF approved Portfolio Management Company- GP number 04000036
Corporate address: 90, Boulevard Pasteur - 75015 Paris- France 437 574 452 RCS Paris
 AMUNDI FUNDS ABSOLUTE RETURN MULTI-STRATEGY - A EUR
FACTSHEET
31/01/2021

ABSOLUTE PERFORMANCE ■
* Expected income target in 2019 for this Sub-Fund, gross of fees. Income can be exceeded or undershot and should not be construed as an assurance or guarantee. The term Distribution
refers to the income paid in any particular year. Treatment for tax purposes may vary depending on the jurisdiction. Please consult your tax adviser in order to understand any applicable tax
consequences.

Legal information
Issued by Amundi Asset Management SAS. AMUNDI FUNDS (the “Fund”) is a Luxembourg registered umbrella fund organised under the laws of the Grand Duchy of Luxembourg and is
regulated by the Commission de Surveillance du Secteur Financiaer (“CSSF”), number of registration B68.806.

This material is for information purposes only, is not a recommendation, financial analysis or advice, and does not constitute a solicitation, invitation or offer to purchase or sell the Fund in any
jurisdiction where such offer, solicitation or invitation would be unlawful.

This information is not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities or services in the United States or in any of its territories or
possessions subject to its jurisdiction to or for the benefit of any U.S. Person (as defined in the prospectus of the Fund). The Fund have not been registered in the United States under the
Investment Company Act of 1940 and units of the Funds are not registered in the United States under the Securities Act of 1933. Accordingly, this material is for distribution or to be used
solely in jurisdictions where it is permitted and to persons who may receive it without breaching applicable legal or regulatory requirements, or that would require the registration of Amundi or
its affiliates in these countries.

Investment involves risk. Past performance is not a guarantee or indication of future results. Investment return and the principal value of an investment in the Fund may go up or down
and may result in the loss of the amount originally invested. All investors should seek professional advice prior to any investment decision, in order to determine the risks associated with the
investment and its suitability. It is the responsibility of investors to read the legal documents in force in particular the current prospectus of the Fund. Subscriptions in the Fund will only be
accepted on the basis of their latest prospectus and/or, as applicable, the Key Investor Information Document (“KIID”) available in local language in EU countries of registration.

The information in this document is as at the date shown at the top of the document, except where otherwise stated.

© 2021 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; (3) are not
warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this Information.

Austria: The prospectus of the Fund, along with the Key Investor Information Document (as applicable) available in German, the current annual and semi-annual report, can be obtained, free
of charge, at Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.at.

Bulgaria: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.bg

Belgium: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.be

Czech Republic:The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.cz

Cyprus: The prospectus of the Fund, along with the Key Investor Information Document (where applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.com.cy

Denmark: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.dk

Finland: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at Amundi
Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.fi

France: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at Amundi
Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.fr or, for Luxembourg funds, at www.amundi.lu or at the centralising correspondence for Amundi Funds and
Amundi Index Solutions: CACEIS Bank, Luxembourg branch, 5 allée Scheffer, 2520 Luxembourg, Grand Duchy of Luxembourg / or for First Eagle Amundi: Société Générale Bank & Trust, 11
avenue Emile Reuter, L-2420 Luxembourg, Grand Duchy of Luxembourg.

Germany: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.lu and at www.amundi.de

Greece: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at Amundi
Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.gr

Hong Kong: The prospectus of the Fund, along with the Key Facts Statement, the current annual and semi-annual report, can be obtained, free of charge, at Amundi Hong Kong Limited, 9th
Floor One Pacific Place, 88 Queensway, Hong Kong or at www.amundi.com.hk

Hungary: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.hu

Ireland: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at Amundi
Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.ie

Italy: The prospectus of the Fund, along with the Key Investor Information Document, the current annual and semi-annual report, can be obtained, free of charge, at Amundi Luxembourg
S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.lu and at www.amundi.it

Japan: The prospectus of the Fund, along with the Fact Statement, the current annual and semi-annual report can be obtained, free of charge, from the approved distributors of the funds or,
together with and all applicable regulatory information, at www.amundi.co.jp

Liechtenstein: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.lu

Luxembourg: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.lu

Amundi Asset Management, SAS (French : Société par Actions Simplifiée)

with a capital of 1 086 262 605 €
AMF approved Portfolio Management Company- GP number 04000036
Corporate address: 90, Boulevard Pasteur - 75015 Paris- France 437 574 452 RCS Paris
 AMUNDI FUNDS ABSOLUTE RETURN MULTI-STRATEGY - A EUR
FACTSHEET
31/01/2021

ABSOLUTE PERFORMANCE ■
Legal information

Macau: The prospectus of the Fund, along with the Key Facts Statement, the current annual and semi-annual report, can be obtained, free of charge, at Amundi Hong Kong Limited, 9th Floor
One Pacific Place, 88 Queensway, Hong Kong or at www.amundi.com.hk

Netherlands: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.nl

Norway: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.no

Portugal: Any investment in the Fund or their respective sub-funds must be made through an authorised distributor registered with the Portuguese Securities Market Commission (Comissão
de Mercado de Valores Mobiliários or CMVM). The latest copy of the prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-
annual report, can be obtained, free of charge, at Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.pt

Romania: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.ro

Singapore: The prospectus of the Fund, along with the Product Highlight Sheet, the current annual and semi-annual report, can be obtained, free of charge, at Amundi Luxembourg S.A., 5
Allée Scheffer, L-2520 Luxembourg or at www.amundi.com.sg

Slovakia: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.sk

Slovenia: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.si

South Korea: The prospectus of the Fund, along with the Key Facts Statement, the current annual and semi-annual report, can be obtained, free of charge, at Amundi Hong Kong Limited,
9th Floor One Pacific Place, 88 Queensway, Hong Kong or at www.amundi.com.hk

Spain: Any investment in the Funds or their respective sub-funds must be made through a registered Spanish distributor. Amundi Iberia SGIIC SAU is the main distributor for the Funds in
Spain, registered with number 31 in the CNMV’s SGIIC registry, with address at P° de la Castellana 1, Madrid 28046. A list of all Spanish distributors may be obtained from the CNMV at
www.cnmv.es. The latest copy of the prospectus of the Fund, the Key Investor Information Document (as applicable) available in Spanish and the other legal documentation can be obtained,
free of charge, at the registered office of the management company or at www.amundi.es

Sweden: The prospectus of the Fund, along with the Key Investor Information Document (as applicable), the current annual and semi-annual report, can be obtained, free of charge, at
Amundi Luxembourg S.A., 5 Allée Scheffer, L-2520 Luxembourg or at www.amundi.se

Switzerland: The Representative and Paying Agent for Funds registered for public offer in Switzerland are, in respect of Amundi Funds and First Eagle Amundi: Representative - CACEIS
(Switzerland) SA and Paying Agent - CACEIS Bank, Nyon Branch both at 35 Route de Signy, Case postale 2259, CH-1260 Nyon; KBI Institutional Fund ICAV: Representative – ACOLIN Fund
Services AG, Affolternstrasse 56, CH-8050 Zurich and Paying Agent – NPB Neue Privat Bank AG, Limmatquai 1, CH-8001 Zurich. Free copies of the prospectus, key investor information
documents (as applicable), annual and semi-annual reports, management regulations and other information are available at the representative’s address shown above.

Taiwan: The Chinese translation of the prospectus of the Fund, along with the Investor Brochure and the current annual and semi-annual report, can be obtained, free of charge, at
www.amundi.com.tw

United Kingdom: The AMUNDI FUNDS ABSOLUTE RETURN MULTI-STRATEGY (the “Sub-Fund”) is a sub-fund of the Fund and has been recognised for public marketing in the United
Kingdom by the Financial Conduct Authority (the “FCA”). A distributor or platform may obtain the latest Fund prospectus, the KIID (as applicable), the articles of incorporation as well as the
annual and semi-annual reports free of charge from the facilities agent (Amundi (UK) Limited, 41 Lothbury, London EC2R 7HF, United Kingdom) and at www.amundi.lu. The latest available
prospectus, including the Sub-Fund’s risk factors, as well as the KIID, as applicable, should be consulted before considering any investment in the Fund. Amundi (UK) Limited is authorised
and regulated by the FCA under number 114503. This may be checked at https://register.fca.org.uk/ and details about the extent of regulation by the FCA are available on request. Amundi
(UK) Limited does not have the permissions to sell to retail investors. Any retail investor shall invest through a duly appointed distributor or platform and obtain the above-detailed Fund and
Sub-Fund information from such distributor or platform. UK investors will not have any protection under the UK Financial Services Compensation Scheme. There will be no right to cancel an
agreement to purchase Fund units under section 15 of the FCA’s Conduct of Business Sourcebook.

In Chile and Peru, this document is approved for use by Administradora de Fondos de Pensiones/Pension Fund Administrators and other institutional investors.

In Mexico, this document is approved for use with institutional investors. It may not be distributed to third parties or to the public.

US and US-Offshore (permitted jurisdictions): Amundi Pioneer Distributor, Inc., 60 State Street, Boston, MA 02109 (“APD”) a U.S.-registered broker-dealer, provides marketing services in
connection with the distribution of products managed by Amundi Asset Management or its affiliates. APD markets these products to financial intermediaries, both within and outside of the
U.S. (in jurisdictions where permitted to do so), who in turn offer such products for sale to persons who are not United States persons. APD engages with financial intermediaries only and
does not engage in retail business. Individuals are encouraged to seek advice from their financial, legal, tax and other appropriate advisers before making any investment or financial
decisions or purchasing any financial, securities or investment-related product or service, including any product or service described in these materials. Amundi Pioneer does not provide
investment advice or investment recommendations.

Please check the prospectus for Unit / Share classes suitable for Professional or Retail Clients.

Amundi Asset Management, SAS (French : Société par Actions Simplifiée)

with a capital of 1 086 262 605 €
AMF approved Portfolio Management Company- GP number 04000036
Corporate address: 90, Boulevard Pasteur - 75015 Paris- France 437 574 452 RCS Paris