Lyxor MSCI AC Asia Ex Japan UCITS ETF - Acc-EUR

The Sub-Fund is an index-tracking UCITS passively managed. The Reference Currency of the Sub-Fund is the Euro (EUR). The investment objective of (the "Sub-Fund") is to track both the upward and the downward evolution of the MSCI AC Asia Ex Japan Net Total ReturnTM index (the "Index") denominated in US Dollars and representative of the performance of mid-cap and large-cap stocks of Asian countries excluding Japan, while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Index (the "Tracking Error"). The anticipated level of the tracking error under normal market conditions is expected to be up to 2%.