MULTI UNITS LUXEMBOURG- Lyxor MSCI EM Latin America UCITS ETF

The investment objective of the MULTI UNITS LUXEMBOURG – Lyxor MSCI EM Latin America UCITS ETF (the “Sub-Fund”) is to track both the upward and the downward evolution of the MSCI Emerging Markets Latin America Net Total Return index (the “Index”) denominated in US Dollars and representative of the Latin America emerging market countries equity market, while minimizing the volatility of the difference between the return of the Sub-Fund and the return of the Index (the “Tracking Error”).