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The investment objective of the fund is to track both the upward and the downward evolution of the Bloomberg MSCI Global Green Bond 1-10 Year Index (the Benchmark Index) denominated in Euro, while minimizing the volatility of the difference between the return of the fund and the return of the Benchmark Index (the Tracking Error). The Benchmark Index is representative of the performance of Green Bonds issued by investment grade entities and denominated in multiple currencies. Income is reinvested into the fund.
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