Amundi Funds Volatility World - a Usd

AMUNDI FUNDS VOLATILITY WORLD - A USD

FACTSHEET

31/08/2021 ABSOLUTE PERFORMANCE ■

Key Information (source : Amundi) Objective and Investment Policy

Net Asset Value (NAV) : (A) 102.06 ( USD ) To achieve a positive return in any type of market condition (absolute return strategy). Specifically, the Sub-Fund seeks to outperform (after applicable fees) the USD LIBOR 1-month index + 3% a year over the recommended holding period, while (D) 91.96 ( USD ) offering controlled risk exposure. NAV and AUM as of : 31/08/2021 The Sub-Fund aims to not exceed a value at risk (VaR) of 35% (ex-ante 12-month VaR of 95%). Assets Under Management (AUM) : 694.77 ( million USD ) The Sub-Fund invests in exchange-traded options and variance swaps on indices of the United States, the Eurozone and Asia that have a one-year average maturity. Any assets that remain uninvested after the Sub-Fund has reached its target ISIN code : (A) LU0319687124 volatility exposure are invested in money market instruments. The Sub-Fund may invest up to 100% of net assets in these (D) LU0319687397 liquid investments. Bloomberg code : CAMVWCC LX The Sub-Fund makes extensive use of derivatives to reduce various risks, for efficient portfolio management and as a way to Benchmark : None gain exposure (long or short) to various assets, markets or other investment opportunities (including derivatives which focus on, equities, interest rates, foreign exchange and dividend). 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 team analyses market volatility patterns to determine the direction and extent of its volatility exposure: positive exposure when volatility is low and anticipated to rise, negative exposure when volatility is high and anticipated to decline. It also seeks to benefit from short term fluctuations of volatility ("volatility of the volatility"). Returns

Performance evolution (rebased to 100) from 31/08/2011 to 31/08/2021* Risk & Reward Profile (SRRI)

120

100 Lower risk, potentially lower rewards

Higher risk, potentially higher rewards

The SRRI represents the risk and return profile as 80 presented in the Key Investor Information Document (KIID). The lowest category does not imply that there is no risk. The SRRI is not guaranteed and may change over time. 60 Information

Legal structure : UCITS 40 Share-class inception date : 15/11/2007 Eligibility : /12 /13 /14 /15 /16 /17 /18 /19 /20 /21 - 08/11 02 08/12 02 08/13 02 08/14 02 08/15 02 08/16 02 08/17 02 08/18 02 08/19 02 08/20 02 08/21 Type of shares : (A) Accumulation (D) Distribution Portfolio (72.37) Minimum ﬁrst subscription / subsequent : 1 thousandth(s) of (a) share(s) Cumulative Returns * Dealing times : YTD 1 month 3 months 1 year 3 years 5 years Since Orders received each day D day before 14:00 Since 31/12/2020 30/07/2021 31/05/2021 31/08/2020 31/08/2018 31/08/2016 15/11/2007 Entry charge (maximum) : 4.50% Portfolio -5.44% -0.84% -1.24% -6.81% 15.90% -11.82% 2.06% Ongoing charges : 1.45% ( Estimated ) Exit charge (maximum) : 0.00% Calendar year performance * Minimum recommended investment period : 3 years Performance fees : Yes 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 Portfolio 23.77% -10.23% 4.29% -17.76% -1.30% -2.42% -3.20% -12.69% -4.54% 4.59% Risk analysis (rolling)

1 year 3 years 5 years Portfolio volatility 4.17% 10.78% 10.15% * Source : Amundi. The above results pertain to full 12-month period per calendar year. All performances are Sharpe ratio -1.65 0.37 -0.35 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.

Performance analytics

Inception to date Maximum drawdown -43.33% Recovery period (days) - Worst month 07/2017 Lowest return -4.51% Best month 03/2020 Highest return 12.34%

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For "retail" investors information AMUNDI FUNDS VOLATILITY WORLD - A USD

FACTSHEET 31/08/2021 ABSOLUTE PERFORMANCE ■

Gilbert Keskin Jérôme Gunther Philippe Imhoff

Head of Convex Solutions Portfolio manager Portfolio Manager

Vega and implied volatility evolution during the last 12 months

1.5 % 24 % Implied v 22 % 1 % olatilit

20 % ega (%) y 1Y V 0.5 % ear 18 %

0 % 16 %

08/2020 09/2020 10/2020 11/2020 12/2020 01/2021 02/2021 03/2021 04/2021 05/2021 06/2021 07/2021 08/2021

Vega (1.22%) Volatility (17.50%)

Exposure grid (Vega)

Implied volatility 1 Year Vega* >35% -1 with +/-1 30%-35% -0.5 with +/-1 25%-30% 0 with +/-1 20%-25% +1 with +/-1 15%-20% +2 with +/-1 <15% +3 with +/-1 The Exposure grid is indicative. Fund managers have a +1/-1 discretion to the exposure grid. The grid may be reviewed from time to time depending on changes in the environment.

* Vega exposure: measures sensitivity of the fund for every 1% change in implied volatility

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 VOLATILITY WORLD - A USD

FACTSHEET 31/08/2021 ABSOLUTE PERFORMANCE ■ Performance contribution

1 yr Implied volatility Gross Performance Contribution Performance Start End Average Vega Engine 1 : Directionnal ¹ Engine 2 : Vol of vol ² Engine 3: Geo ³ YTD 2021 -5.44% YTD 2021 19.70% 17.50% 1.10% -2.42% -2.23% 0.13% August 2021 -0.84% Aug-2021 17.90% 17.50% 1.14% -0.46% -0.17% -0.07% July 2021 0.37% Jul-2021 17.30% 17.90% 1.11% 0.67% -0.24% 0.06% June 2021 -0.77% Jun-2021 17.60% 17.30% 1.23% -0.37% -0.24% -0.05% 2020 23.77% 2020 15.20% 19.70% 0.89% 4.01% 27.80% -0.54% 2019 -10.23% 2019 19.30% 15.20% 2.05% -8.41% -0.49% -0.39% 2018 4.29% 2018 14.80% 19.30% 2.18% 9.81% -1.33% -1.16% 2017 -17.76% 2017 18.20% 14.80% 2.03% -6.90% -9.69% 0.09% 2016 -1.30% 2016 19.10% 18.20% 1.15% -1.04% 0.60% 0.67% 2015 -2.42% 2015 19.10% 19.10% 1.35% 0.78% -1.98% 0.17% 2014 -3.20% 2014 17.40% 19.10% 1.59% 3.15% -5.50% 0.85% 2013 -12.69% 2013 20.20% 17.40% 1.24% -3.40% -6.89% -1.01% 2012 24.70% 20.20% 1.01% -2.10% -2.01% 0.74% 2011 22.10% 24.70% 0.52% -0.06% 4.85% 1.64% 2010 23.50% 22.10% 0.47% 1.05% 4.51% 0.19% 2009 36.90% 23.50% -0.13% 2.80% 5.07% 1.33% 2008 21.70% 36.90% 0.50% 2.05% 19.20% 5.36% ¹ Directional 1: Calculated monthly as follows: (Implied Volatility End – Implied Volatility Start ) * Average Vega ² Vol of Vol 2: Calculated monthly as follows: Gross Return – Other Engines. Includes replication and carry costs. ³ Geo 3 : Calculated monthly separately against a weighted-average using internal model Legal information

This document contains information about AMUNDI FUNDS VOLATILITY WORLD (the “Sub-Fund”), a sub-fund of Amundi Funds (the “SICAV”), an undertaking for collective investment in transferable securities existing under Part I of the Luxembourg law of 17 December 2010, organised as a société d’investissement à capital variable and registered with the Luxembourg Trade and Companies Register under number B68.806. The SICAV has its registered office at 5, Allée Scheffer, L-2520 Luxembourg. The Sub-Fund has been authorised for public sale by the Commission de Surveillance du Secteur Financier in Luxembourg and has been authorised for distribution to non-qualified investors in or from Switzerland by the Swiss Financial Market Supervisory Authority ("FINMA"). The SICAV comprises other sub-funds which are described in the SICAV’s latest prospectus and/or the Key Investor Information Document (KIID) of the sub-fund. Not all sub-funds will necessarily be registered or authorised for sales in all jurisdictions or be available to all investors.. Subscriptions in the Sub-Fund will only be accepted on the basis of the SICAV’s latest prospectus and/or the Key Investor Information Document (KIID) of the sub-fund, its latest annual and semi-annual reports and its articles of incorporation that may be obtained, free of charge, at the registered office of the SICAV or at CACEIS (Switzerland) S.A.,35 route de Signy, CH-1260 Nyon, Switzerland, the Sicav’s representative in Switzerland since July 1st, 2009, in accordance with the provisions of the Swiss Collective Investment Schemes Act of 23 June 2006 ("CISA”), on the collective investment schemes (CISA). The SICAV has appointed CACEIS Bank, Paris, Branch of Nyon/Swiss, 35 route de Signy, 1260 Nyon, Switzerland (in the past “CACEIS Bank Luxembourg, Luxembourg, Branch of Nyon”), as paying agent, starting from January 1st, 2017 subject to approval by the FINMA. Subscriptions in the Sub-Fund may be sent directly to a distributor or the SICAV before the cut-off time indicated in the prospectus. Consideration should be given to whether the risks attached to an investment in the Sub-Fund are suitable for prospective investors who should ensure that they fully understand the contents of this document. In case of doubt, it is advised to consult a professional advisor to determine whether an investment in the Sub-Fund is suitable. The value of, and any income from, an investment in the Sub-Fund can decrease as well as increase. The Sub-Fund has no guaranteed performance. Further, past performance is not a guarantee or a reliable indicator for future returns. The performance data do not take account of the commissions and costs incurred on the issue and redemption of units. This document does not constitute an offer to buy nor a solicitation to sell in any country where it might be considered as unlawful, nor does it constitute public advertising or investment advice. Amundi Suisse SA has been authorized in Switzerland as distributor of collective investment schemes. Amundi Suisse SA is distributing in Switzerland and from Switzerland the collective investment schemes managed by Amundi Asset Management and /or Amundi Luxembourg SA. In this respect, Amundi Suisse SA informs investors that it collects, from Amundi Asset Management and/ or Amundi Luxembourg SA, a compensation under article 34 al. 2bis in the Ordinance on collective investment schemes (Ordonnance sur les placements collectifs de capitaux, OPCC). This compensation can constitute a part of the management fees stated in the prospectus. Additional information regarding the existence, nature and calculation method for the compensation received by Amundi Suisse SA within the frame of its distribution activity in Switzerland or from Switzerland may be provided upon written request to Amundi Suisse SA 6-8 rue de Candolle 1205 Genève Suisse. In any case, persons who are subject to restrictions, such as US persons, are not permitted to access to the information contained herein. Data are provided by Amundi and dated as mentioned under the first page label « MONTHLY REPORT » if not otherwise indicated. Published by Amundi Asset Management. Amundi Asset Management, French joint stock company (“Société Anonyme”) approved by the French Securities Regulator (Autorité des Marchés Financiers-AMF) under number GP 04000036 as a portfolio management company, 90 boulevard Pasteur - 75015 Paris - France - 437 574 452 RCS Paris