The sub-fund's investment objective is to get an exposure to the United-Kingdom equity market by replicating movements in the FTSE 100™ index (cf. section « Reference Indicator »), while minimizing as far as possible the tracking error between the sub-fund's performance and that of the FTSE 100™
index. The tracking error objective calculated over a period of 52 weeks is less than 1%. If the tracking error exceeds 1% nonetheless, the objective is to remain below 5% of the volatility of the FTSE 100™ index.