Material reserved for professional investors only Funds Convertible Global

FUND PROFILE

BOND ■ CONVERTIBLE BOND ■ GLOBAL

Fund Overview Objective Risk and Reward Profile (SRRI) Amundi Funds Convertible Global seeks Combining the advantages of long-term capital growth by investing at 1 2 3 4 5 6 7 equities and bonds least two-thirds of total assets in convertible Convertible bond investors can benefit1 bonds with global stocks as underlying Lower risk, potentially lower rewards from the potential rise in the underlying securities. The remaining assets may be invested Higher risk, potentially higher rewards stock and reduced downside due to the in the values and instruments such as Debt bond floor instruments, convertible bonds, equities and Benefiting from 4 sources of equity-linked, units/shares of UCITS and/or other Reference Indicator performance2 UCIs, deposits and transferable securities and Thomson Reuters Convertible Index - Global 4 To optimise1 the risk/return profile of the money market instruments . non Focus Hedged (EUR) portfolio denominated in euro aim to be systematically The SRRI represents the risk and return profile present in the Key Investor Information Document (KIID). The lowest category does hedged. not imply that there is no risk. The SRRI is not a guarantee and 3 >25-year track record in may change over time. convertible bond management 1. The sub-fund does not offer a capital guarantee or protection. 2. Given for illustrative purposes only, may be changed without Backed by strong capabilities in volatility, prior notice, within the limits stated in the prospectus. equity and credit 3. The sub-fund was launched on 02/05/2000. 4. For further details regarding the investment policy, objectives and eligible assets please refer to the Key Investor Information Document (KIID) and to the prospectus.

Investment Philosophy and Process

1 Combining the advantages of equities 2 Benefiting from 4 sources Potential Sources of Performance4 and bonds of performance4 Amundi Funds Convertible Global seeks long- The investment process combines four term capital growth¹ through complementary performance¹ drivers to of convertible bonds. optimise the risk/return profile of the portfolio The portfolio is invested primarily in convertible and combines a bottom-up and top-down bonds² worldwide. The investment team can approach4: also invest in debt instruments, equity and equity ■■ Bottom-up: Building a buy-list linked instruments, or in synthetic convertible Securities are selected following fundamental bonds via derivatives4. The team may use analysis and intrinsic value analysis (volatility, derivatives for hedging purposes. Investments pricing, specific not denominated in euros are hedged against clauses, etc). 3 currency risk, to the best of the team’s ability . ■■ Top-down: Strategy allocation Our investment experts focus on the convexity The target levels of Delta, Vega, credit quality & of convertible bonds to benefit from the convexity are determined by the investment movements in the bond’s price according to team’s market anticipations. the price of the underlying stock. The portfolio They actively manage the overall sensitivities and managers seek to maximise this convexity, or exposures of the portfolio. 4 5 1. The sub-fund does not offer any performance or capital asymmetric return profile of the sub-fund, taking The team also monitors external limits - such as guarantee advantage of the upside potential of underlying concentration control - and portfolio allocation 2. At least two-thirds of its total assets. 3. For further details regarding the investment policy, eligible equities whilst seeking to reduce the downside. (sector/geographical allocation) to comply with assets and limits, please refer to the Key Investor Information Amundi Funds Convertible Global is diversified diversification rules. Document (KIID) and to the prospectus 4. Given for illustrative purposes only, may be changed without across sectors and geographic regions in order prior notice, within the limits stated in the prospectus. to reduce concentration risk4. 5. Internal constraints, may be changed without prior notice, Amundi Funds Convertible Global was launched on 02/05/2000. within the limits stated in te prospectus.

This material is solely for the attention of “professional” investors (see more details and definitions at the back). Amundi Funds Convertible Global

FUND PROFILE

Investment Team

Amundi Funds Convertible Global is managed Pierre-Luc Charron within the Volatility, Arbitrage and Convertible Head of Convertible Bonds, Convertible Bonds Platform team with a strong expertise in optimising Portfolio Manager volatility and convexity. The investment team €3 billion of AuM is fully integrated into both Fixed Income and Equity platforms, benefiting from physical 25-year track record* in managing proximity and thus frequent interaction with Global Convertible Bonds credit and equity analysts and portfolio managers. They share views on credit research, relative valuation, flows and options strategies. Source: Amundi. Data and organisation as of 31/03/2017. Given for indicative purposes only, may be changed without prior notice. *The sub-fund was launched on 02/05/2000.

Key Information

AE IE Share Classes 1 (All investors) (Institutional inv.)

Management Company Amundi S.A. Investment Manager Amundi Asset Management Custodian CACEIS Bank, Luxembourg Branch Reference Currency of the Sub-Fund EUR Reference Currency of the Share Class EUR Share Categories Accumulation / Distribution

A: LU0119108826 A: LU0119108156 ISIN Code D: LU0119109048 D: LU0194910997

Minimum Initial Subscription 1 share/ 1 thousandth of a share Equivalent in EUR of USD 500,000 Frequency of NAV Calculation Daily Cut-off for Dealing Times Luxembourg dealing days before 2pm (Luxembourg time)2 Entry Charge 4.50% 2.50% Ongoing Charges3 1.74% 0.91% Performance Fee4 20% a year of any returns the Sub-Fund achieves above Thomson Reuters Convertible Index - Global Focus Hedged (EUR) Maximum Conversion Fee 1.00% Exit Charge None Minimum Recommanded Investment 4 years Period

The present document goes with the Key Investor Information Document (KIID) and has to be understood after reading the aforementioned document. 1. Not all share classes and, as the case may be, share categories are registered for sale in all countries. Investors may contact Amundi Luxembourg S.A. for further information. 2. Or, as the case may be, an earlier cut-off time applied by the relevant distributor. 3. The ongoing charges figure is based on expenses for the year ending June 30, 2016 . This figure may vary from year to year. 4. A detailed explanation of the is provided in the prospectus.

Legal Information Daily prices This document contains information about Amundi Funds Convertible Global (the “Sub-Fund”), sub-fund of Amundi Funds (the “SICAV”).

■■ amundi.com The SICAV is 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. Amundi Funds has been This material is solely for the attention of institutional, professional, authorised for public sale by the Commission de Surveillance du Secteur Financier in Luxembourg. Not all sub-funds of the SICAV qualified or sophisticated investors and distributors. It is not to (the «Sub-Funds») will necessarily be registered or authorized for sale in all jurisdictions or be available to all investors. Subscriptions be distributed to the general public, private customers or retail in the Sub-Funds will only be accepted on the basis of the Sub-Fund’s Key Investor Information Document (KIID) and the SICAV’s investors in any jurisdiction whatsoever nor to “US Persons”. It latest prospectus, its latest annual and semi-annual reports and its articles of incorporation that may be obtained, free of charge, at the is not intended for citizens or residents of the United States of registered office of the SICAV or respectively at that of the representative agent duly authorized and agreed by the relevant authority of America or to any «U.S. Person» , as this term is defined in SEC each relevant concerned jurisdiction. Consideration should be given to whether the risks attached to an investment in the Sub-Funds Regulation S under the U.S. Securities Act of 1933 and in the are suitable for prospective investors who should ensure that they fully understand the contents of this document. A professional advisor prospectus of the Fund. Moreover, any such investor should should be consulted to determine whether an investment in the Sub-Funds is suitable. The value of, and any income from, an investment be, in the , a “Professional” investor as defined in the Sub-Funds can decrease as well as increase. The Sub-Funds have no guaranteed performance. Further, past performance is in Directive 2004/39/EC dated 21 April 2004 on markets in not a guarantee or a reliable indicator for current or future performance and returns. The performance data do not take account of the financial instruments (“MIFID”) or as the case may be in each local commissions and costs incurred on the issue and redemption of units. This document does not constitute an offer to buy nor a solicitation regulations and, as far as the offering in is concerned, to sell in any country where it might be considered as unlawful, nor does it constitute public advertising or investment advice. a “Qualified Investor” within the meaning of the provisions of the Swiss Collective Investment Schemes Act of 23 June 2006 The information contained in this document is deemed accurate as at June 2017. (CISA) and the Swiss Collective Investment Schemes Ordinance of 22 November 2006 (CISO). In no event may this material be Amundi Asset Management, French joint stock company (“Société Anonyme”) with a distributed in the European Union to non “Professional” investors registered capital of €1,086,262,605 and approved by the French Securities Regulator as defined in the MIFID or in each local regulation, or in Switzerland (Autorité des Marchés Financiers-AMF) under number GP 04000036 as a portfolio to investors who do not comply with the definition of “qualified management company - 90 boulevard Pasteur -75015 Paris- - 437 574 452 investors” as defined in the applicable legislation and regulation. RCS Paris. - www.amundi.com