sign in sign up
<<
Home , Amundi, SICAV

Material reserved for professional investors only Funds Cash USD

Standard Variable NAV MMF sub-fund FUND PROFILE

■ TREASURY ■ STANDARD MONEY MARKET

Fund Overview Objective Risk & Reward Profile (SRRI)

Seek a stable performance in line with the Complementary sources of reference indicator USD Libor 3-month over performance 1 day to 3-month period, by investing at of modified duration least 67% of its net assets in money market and credit duration instruments denominated in Dollar Lower risk, potentially lower rewards Higher risk, potentially higher rewards A thorough selection of issuers or hedged against the US Dollar. The sub-fund maintains within its portfolio a Investing in high-quality instruments WAM of 90 days or less. Reference Indicator Performance optimisation’s The sub-fund may use derivative for hedging and objective in a risk-controlled efficient portfolio management. USD Libor 3-month The SRRI represents the risk and return profile present in the Key environment Investor Information Document (KIID). The lowest category does Seeking to answer to the main expectations not imply that there is no risk. The SRRI is not a guarantee and may change over time. Please of money market investors with a strong refer to the prospectus of the sub-fund and Key Investor focus on liquidity and diversification Information Document (KIID) for further information regarding the investment policy and risks of the sub-funds. Amundi Funds Cash USD is a standard variable . The assets of MMF sub-funds are valued by using mark-to-market wherever possible or otherwise using mark-to-model in accordance with the European Money Market Fund Regulation (MMFR). The sub-fund is not a guaranteed investment. An investment in the sub-fund is different from an investment in deposits as the principal invested in the sub-fund is subject to fluctuation. The sub-fund does not rely on external support for guaranteeing the liquidity of the sub-fund or stabilising the NAV per share. The risk of loss of the principal is borne by the investor.

Investment Process

1 Complementary sources of and risk monitoring. It can also refer in a non Investment process performance exclusive manner to relevant Investment Grade ratings from recognised rating agencies while Amundi Funds Cash USD aims to generate a net avoiding dependency on ratings during the whole performance in line with the USD Libor 3-month detention period of the assets. rate over the recommended holding period.

In order to do so, both the interest-rate and credit 3 Performance optimisation’s objective risks are actively managed. in a risk controlled environment The management team may use derivative The sub-fund aims to answer to investors’ instruments to reduce rate exposure. The WAM main expectations when choosing money (average maturity) of the portfolio won’t exceed market products: liquidity, capital preservation, 90 days. transparency and performance consistency2. The management team may extend the credit Therefore, the investment team’s priority is to duration of the portfolio to capture additional manage liquidity and risk. The sub-fund’s assets credit premium. The WAL (average life) won’t are divided into buckets of different maturities, exceed 365 days. adjusted according to subscriptions and The management team may use derivatives to redemptions to ensure that it remains constantly implement currency arbitrages as an additional liquid. At the same time, the broad diversification source of alpha (within a strict 30% limit). The and the rigorous issuer and bond selection seek 1 sub-fund does not have any currency risks, all to minimise the impact of credit risk1. are systematically hedged into the The team constantly monitors risk dispersion 1 base currency1 . rules, defined beforehand, pertaining to sectors, issuers and maturities. A maximal weighting 2 A thorough selection of issuers is defined for every sector, issuer, rating and The investment team makes a rigorous selection maturity. All investment decisions are – without of issuers and arbitrages short-term private exception – submitted for the prior approval of securities. To this end, it analyses each issuer’s the risk department, which is independent of the credit quality and flow components such as investment team. This department sets ex-ante liquidity and new issuers. maturity and issuer limits, and monitors the The sub-fund Amundi Funds Cash USD is rated The fund invests in high-quality investments portfolio ex-post. Af/S1 by the rating agency FitchRatings, attesting only. «High-quality» is defined according to our 1 Please refer to the Amundi Funds prospectus for further details to its high credit quality and its low sensitivity to internal assessment process of high-quality on the authorised assets in the sub-fund. 2. The fund does not market risks. offer any performance or capital guarantee and presents a risk of capital loss.

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

Standard Variable NAV MMF sub-fund FUND PROFILE

Investment Team

Amundi is a major actor in treasury management Patrick Siméon in and across the world. The Money Head of Money Market Market portfolio management Management Amundi Treasury Management team is led by Patrick Siméon and works in €227 billion AuM2 close collaboration with the credit research Christophe Buret team to ensure proactivity and quality in security Amundi Money Market Product Range selection.1 Fund Manager €97.7 billion AuM3

1. Provided for indicative purposes only. 2. Data Amundi Group, as at end-December 2019. 3. Data Amundi, as at end-December 2019.

Key Information

A2 USD I2 USD Q-X USD J2 USD Share classes 1 (All investors) (Institutional) (Institutional) (Institutional)

Management company Amundi S.A. Investment manager Amundi Custodian CACEIS Bank, Luxembourg Branch

Reference currency of the sub-fund USD

Reference currency of the share class USD USD USD USD Share categories Accumulation / Distribution Accumulation / Distribution Accumulation

A: LU0568621618 A: LU0568621022 A: LU1327400468 ISIN Code A: LU2009162558 D: LU0568621709 D: LU0568621295 D: LU1327400542 Equivalent in USD of Equivalent in USD of Equivalent in USD of EUR Minimum initial investment 1 thousandth of unit EUR 5, 000,000 EUR 5,000,000 25,000,000 Frequency of NAV calculation Daily Settlement day D+3 D+1 D+0 Cut-off for dealing times Luxembourg dealing days before 2 pm (Luxembourg time)2 Entry charge 4.50% 2.50% 5.00% None Ongoing charges 0,18%3 0,18%3 0,11%3 0,11%4 Performance fee5 None Conversion charge 1.00% None Exit charge None Minimum recommended 1 day to 3 months holding term 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 applicable by the relevant distributor. 3. The ongoing charges are based on the figures for the prior year, ended 28 June 2019. This percentage may vary from year to year. 4. The ongoing charges displayed are estimated. For each accounting period, the sub-fund’s annual report will display the exact amount. 5. A detailed explanation of the is provided in the prospectus.

Legal information Daily prices

This document contains information about Amundi Funds Cash USD (the “Sub-fund”), sub-fund of Amundi Funds (the “SICAV”) which qualifies as a standard variable NAV MMF under the European Money Market Fund Regulation («MMFR»). ■■ 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 (CISA) The information contained in this document is deemed accurate as at December 2019. and the Swiss Collective Investment Schemes Act of 22 November 2006 (CISO). In no event may this material be distributed in the European Union to non “Professional” investors as defined in the Amundi Asset Management, French «société par actions simplifiée» - SAS with a registered MIFID or in each local regulation, or in Switzerland to investors capital of €1,086,262,605 and approved by the French Securities Regulator (Autorité des Marchés who do not comply with the definition of “qualified investors” as Financiers-AMF) under number GP 04000036 as a portfolio management company - 90 boulevard defined in the applicable legislation and regulation. Pasteur -75015 - - 437 574 452 RCS Paris. - www.amundi.com