AMUNDI FUNDS Société d'investissement à Capital Variable with multiple sub-funds incorporated under the laws of the Grand Duchy of Luxembourg

Transcription

1 1 AMUNDI FUNDS Société d'investissement à Capital Variable with multiple sub-funds incorporated under the laws of the Grand Duchy of Luxembourg INFORMATION MEMORANDUM FOR INVESTORS IN SINGAPORE relating to the following sub-funds of Amundi Funds AMUNDI FUNDS ABSOLUTE VOLATILITY ARBITRAGE AMUNDI FUNDS ABSOLUTE VOLATILITY EURO EQUITIES AMUNDI FUNDS ABSOLUTE VOLATILITY WORLD EQUITIES AMUNDI FUNDS BOND ASIAN LOCAL DEBT AMUNDI FUNDS BOND CHINA AGGREGATE AMUNDI FUNDS BOND EURO HIGH YIELD AMUNDI FUNDS BOND GLOBAL AMUNDI FUNDS BOND GLOBAL AGGREGATE AMUNDI FUNDS BOND GLOBAL CORPORATE AMUNDI FUNDS BOND GLOBAL EMERGING BLENDED AMUNDI FUNDS BOND GLOBAL EMERGING CORPORATE AMUNDI FUNDS BOND GLOBAL EMERGING HARD CURRENCY AMUNDI FUNDS BOND GLOBAL INFLATION AMUNDI FUNDS BOND GLOBAL EMERGING LOCAL CURRENCY AMUNDI FUNDS BOND US OPPORTUNISTIC CORE PLUS AMUNDI FUNDS CASH USD AMUNDI FUNDS CPR GLOBAL GOLD MINES 1 AMUNDI FUNDS CPR GLOBAL RESOURCES 2 AMUNDI FUNDS EQUITY ASEAN AMUNDI FUNDS EQUITY ASIA EX JAPAN AMUNDI FUNDS EQUITY BRAZIL AMUNDI FUNDS EQUITY EMERGING FOCUS AMUNDI FUNDS EQUITY EMERGING CONSERVATIVE AMUNDI FUNDS EQUITY EMERGING WORLD AMUNDI FUNDS EQUITY EUROPE CONSERVATIVE AMUNDI FUNDS EQUITY EUROLAND SMALL CAP AMUNDI FUNDS EQUITY GLOBAL CONCENTRATED AMUNDI FUNDS EQUITY GLOBAL AGRICULTURE AMUNDI FUNDS EQUITY GLOBAL LUXURY AND LIFESTYLE AMUNDI FUNDS EQUITY GLOBAL CONSERVATIVE AMUNDI FUNDS EQUITY GREATER CHINA AMUNDI FUNDS EQUITY JAPAN TARGET AMUNDI FUNDS EQUITY JAPAN VALUE AMUNDI FUNDS EQUITY KOREA AMUNDI FUNDS EQUITY LATIN AMERICA AMUNDI FUNDS EQUITY MENA AMUNDI FUNDS EQUITY THAILAND AMUNDI FUNDS EQUITY US CONCENTRATED CORE 3 AMUNDI FUNDS EQUITY US RELATIVE VALUE AMUNDI FUNDS PROTECT 90 USD AMUNDI FUNDS SBI FM EQUITY INDIA 4 1 With effect from March 13 th, 2017, the name of the Sub-Fund Amundi Funds Equity Global Gold Mines has been modified into Amundi Funds CPR Global Gold Mines 2 With effect from March 13 th, 2017, the name of the Sub-Fund Amundi Funds Equity Global Resources has been modified into Amundi Funds CPR Global Resources 3 With effect from May 3 rd, 2017, the name of the Sub-Fund Amundi Funds Equity US Concentrated Core will be modified into Amundi Funds Wells Fargo US Mid Cap and Wells Fargo Capital Incorporated will be ne new investment manager of the sub-funds in place of TCW Investment Company. 4 With effect from March 13 th, 2017, the name of the Sub-Fund Amundi Funds Equity India has been modified into Amundi Funds SBI FM Equity India

2 2 (each a "Sub-Fund" and collectively, the "Sub-Funds") Only s in the Sub-Funds (referred to in this Information Memorandum as the Relevant s ) other than: - AMUNDI FUNDS BOND ASIAN LOCAL DEBT, CLASS A2U (C) SHARES, CLASS A2HS (C) SHARES, CLASS A2U-MD (D) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2U (D) SHARES AND CLASS A2HS (D) SHARES; - AMUNDI FUNDS BOND CHINA AGGREGATE, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS BOND EURO HIGH YIELD, CLASS A2E (C) SHARES AND CLASS A2E (D) SHARES; - AMUNDI FUNDS BOND GLOBAL AGGREGATE, CLASS A2U (C) SHARES, CLASS A2HS (C) SHARES, CLASS A2S (C) SHARES, CLASS A2U-MD (D) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2S-MD (D) SHARES, CLASS A2U (D) SHARES AND CLASS A2HS (D) SHARES; - AMUNDI FUNDS BOND GLOBAL EMERGING CORPORATE, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS BOND GLOBAL EMERGING BLENDED, CLASS A2E (C) SHARES, CLASS A2HS (C) SHARES, CLASS A2HU (C) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2E-MD (D) SHARES AND CLASS A2HU-MD (D) SHARES; - AMUNDI FUNDS BOND GLOBAL EMERGING HARD CURRENCY, CLASS A2E (C) SHARES, CLASS A2E- MD (D) SHARES, CLASS A2HS (C) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2HU (C) SHARES AND CLASS A2HU-MD (D) SHARES; - AMUNDI FUNDS EQUITY ASEAN, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY EMERGING FOCUS, CLASS A2U (C) SHARES, CLASS A2HS (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY EUROLAND SMALL CAP, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY EUROPE CONSERVATIVE, CLASS A2E (C) SHARES AND CLASS A2E (D) SHARES; - AMUNDI FUNDS EQUITY GREATER CHINA, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS SBI FM EQUITY INDIA, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY JAPAN TARGET, CLASS A2U (C) SHARES, CLASS A2U (D) SHARES, CLASS A2HU (C) SHARES AND CLASS A2HU (D) SHARES; - AMUNDI FUNDS EQUITY JAPAN VALUE, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY THAILAND, CLASS AU (C) SHARES AND CLASS AU (D) SHARES. are being offered pursuant to this Information Memorandum. Important information for Singapore investors The offer or invitation to subscribe for or purchase Relevant s in the Sub-Funds (the Relevant s ), which is the subject of this Information Memorandum, is made pursuant to the exemptions under section 304 of the Securities and Futures Act, Chapter 289 of Singapore (the SFA ) (for institutional investors as defined under the SFA) and section 305 of the SFA (for relevant persons as defined under the SFA and persons who can meet the requirements under section 305(2) of the SFA), as applicable (collectively, the "Exempt Offer"), and the Relevant s are not allowed to be made to the retail public in Singapore. This Information Memorandum and any other document or material issued in connection with the Exempt Offer is not a prospectus as defined in the SFA. Accordingly, statutory liability under the SFA in relation to the content of prospectuses would not apply. The Monetary Authority of

3 3 Singapore (The MAS ) assumes no responsibility for the contents of this Information Memorandum or such other document or material. No offer of the Relevant s for subscription or purchase, or invitation to subscribe for or purchase the Relevant s, may be made, nor any document or other material (including but not limited to this Information Memorandum) relating to the Exempt Offer of the Relevant s may be circulated or distributed, either directly or indirectly, to any person in Singapore other than to: (i) "institutional investors" pursuant to Section 304 of the SFA (ii) "relevant persons" pursuant to section 305(1) of the SFA, (iii) any person pursuant to Section 305(2) of the SFA, or (iv) otherwise pursuant to, and in accordance with the conditions of, other applicable provisions of the SFA. The Sub-Funds are restricted schemes under the Sixth Schedule to the Securities and Futures (Offers of ) (Collective Investment Schemes) Regulations. The Exempt Offer and the holding and subsequent transfer of the Relevant s subscribed for or purchased pursuant to the Exempt Offer are subject to restrictions and conditions under the SFA. You should consider carefully whether you are permitted (under the SFA and any laws or regulations applicable to you) to make an investment in the Relevant s and whether any such investment is suitable for you and you should consult your legal or professional advisor if in doubt. The Company The Sub-Funds are each a sub-fund in an umbrella fund, AMUNDI FUNDS (the Company ). The Company is a limited company ( société anonyme ) incorporated in the form of an Investment Company with Variable Capital ( Société d'investissement à Capital Variable ) with multiple sub-funds, under the laws of the Grand Duchy of The Company, initially Groupe Indosuez Funds FCP, an unincorporated mutual investment fund ( Fonds Commun de Placement ) created on July 18, 1985, was transformed, in accordance with Article 110(2) of the law of March 30, 1988 on Undertakings for Collective Investment, and renamed GIF SICAV II on March 15, The deed of transformation and the Articles of Incorporation (the Articles ) were published in the Mémorial, Recueil des Sociétés et Associations on 28 April The name of the Company was then changed to GIF SICAV on December 1, 1999, to CREDIT AGRICOLE FUNDS on 8 December 2000, to CAAM FUNDS on 1st July 2007 and to AMUNDI Funds on 2nd March The amendments to the Articles have been published in the Mémorial, Recueil des Sociétés et Associations respectively on January 14, 2000, on January 17, 2001, and on June 13, 2007 for the first three name changes and on April 3, 2010 for the last one. A latest amendment to the Articles has been made on March 14, The Company (and each of the Sub-Funds) is authorised and regulated by the Commission de Surveillance du Secteur Financier ( CSSF ), the Luxembourg financial supervisory authority. Since July 1st, 2011, the Company is subject to Part I of the law of December 17, 2010 on Undertakings for Collective Investment (the 2010 Law ). The Company is registered under number B at the register of commerce at the district court of Luxembourg, where its Articles are available for inspection and a copy thereof may be obtained upon request. The Company s registered office is 5, allée Scheffer, L-2520 The Capital of the Company is represented by shares of no par value and shall at any time be equal to the total net assets of the Company. Managers Company The Board of Directors of the Company has appointed Amundi Luxembourg S.A., domiciled at 5, Allée Scheffer L Luxembourg, to act as its management company (the Company ) under the meaning of the provisions of Chapter 15 of the 2010 Law. Amundi Luxembourg S.A. was incorporated in Luxembourg on March 11, 1988 in the form of a limited company ( Société Anonyme ) and is regulated by the Commission de Surveillance du Secteur Financier (CSSF). The Company is entrusted with the day-to-day management of the Company with the responsibility to perform directly or by way of delegation all operational functions relating to the Company s investment management, administration, marketing and distribution. The Company delegates its investment management function in relation to the Sub-Funds to the Investment Managers.

4 4 Investment Managers Subject to the supervision of the Board of Directors of the Company, Amundi Asset Paris and London, Amundi Singapore Limited Singapore, Amundi Japan Ltd. Tokyo, Amundi Hong Kong Limited - Hong Kong, CPR Asset Paris, Resona Bank, Limited Osaka, TCW Investment Company, Inc. Los Angeles and Amundi Smith Breeden Durham are appointed as Investment Managers of the Sub-Funds as specified below. Amundi Asset, through its main establishment or its London Branch, is the Investment Manager of the following sub-funds. Amundi Asset is incorporated under French Laws, is authorised by the Autorité des Marchés Financiers ( AMF ) and domiciled at 90, boulevard Pasteur, F Paris, France (main establishment). Amundi, London Branch is incorporated under French and British Laws and domiciled at 41, Lothbury, London EC2R 7HF, United Kingdom. It is authorised by the Autorité des Marchés Financiers ( AMF ) and subject to limited regulation by the Financial Conduct Authority ( FCA ) for the conduct of its investment business in the United Kingdom. Amundi Funds Absolute Volatility Arbitrage Amundi Funds Absolute Volatility Euro Equities Amundi Funds Absolute Volatility World Equities Amundi Funds Bond Euro High Yield Amundi Funds Bond Global Amundi Funds Bond Global Aggregate Amundi Funds Bond Global Corporate Amundi Funds Bond Global Emerging Blended Amundi Funds Bond Global Emerging Corporate Amundi Funds Bond Global Emerging Hard Amundi Funds Bond Global Inflation Amundi Funds Bond Global Emerging Local Amundi Funds Cash USD Amundi Funds Equity Brazil Amundi Funds Equity Emerging Focus Amundi Funds Equity Emerging Conservative Amundi Funds Equity Emerging World Amundi Funds Equity Europe Conservative Amundi Funds Equity Euroland Small Cap Amundi Funds Equity Global Concentrated Amundi Funds Equity Global Conservative Amundi Funds Equity Latin America Amundi Funds Equity MENA Amundi Funds Protect 90 USD Amundi Singapore Limited is a subsidiary of Amundi, which holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore to conduct regulated activities in fund management and dealing in securities; it is domiciled at 168 Robinson Road #24-01, Capital Tower, Singapore and is the Investment Manager of the following sub-fund: Amundi Funds Bond Asian Local Debt Amundi Funds Bond China Aggregate

5 5 Amundi Japan Ltd. is a limited company incorporated under Japanese Law and domiciled at 1-2-2, Uchisaiwaicho Chiyoda-Ku, Tokyo Japan. It is licensed and regulated by Financial Service Agency and is the Investment Manager of the following sub-fund: Amundi Funds Equity Japan Target Amundi Hong Kong Limited is a company incorporated under the laws of Hong Kong and domiciled at , One Pacific Place, N 88 Queensway, Hong Kong. It is licensed and regulated under the Securities and Futures Ordinance by the Securities and Futures Commission ( SFC ) and is the Investment Manager of the following subfunds: Amundi Funds Equity ASEAN Amundi Funds Equity Asia ex Japan Amundi Funds Equity Greater China Amundi Funds Equity Korea Amundi Funds Equity Thailand Amundi Funds SBI FM Equity India 1 CPR Asset is a subsidiary of Amundi and is a company incorporated under the laws of France and domiciled at 90, Boulevard Pasteur, Paris, France. It is licensed and regulated under the Autorité des Marchés Financiers ( AMF ) and is the Investment Manager of the following sub-funds: Amundi Funds Equity Global Luxury and Lifestyle Amundi Funds CPR Global Gold Mines Amundi Funds CPR Global Resources Amundi Funds Equity Global Agriculture Resona Bank, Limited is a limited liability company incorporated under Japanese Law and domiciled at 2-1, Bingomachi 2-chome, Chuo-ku, Osaka, Japan. It is licensed and regulated by the Financial Services Agency and is the Investment Manager of the following sub-fund: Amundi Funds Equity Japan Value TCW Investment Company, Inc. is a company incorporated in the State of California and domiciled at 865, South Figueroa Street, Suite 800, Los Angeles, California 90017, United States of America. It is registered as an investment adviser with the Securities and Exchange Commission ( SEC ) and is the Investment Manager of the following sub-funds: Amundi Funds Equity US Relative Value Amundi Funds Equity US Concentrated Core * * With effect from May 3rd, 2017, the Sub-Fund Amundi Funds Equity US Concentrated Core (which will be renamed Amundi Funds Wells Fargo US Mid Cap ) will be managed by Wells Fargo Capital Incorporated in place of TCW Investment Company. Wells Capital is a company incorporated in the State of California and domiciled at 525 Market Street, 10th Floor, San Francisco, California 94105, United States of America. It is registered as an investment adviser with the Securities and Exchange Commission ( SEC ).

6 6 Amundi Smith Breeden is a company incorporated under the laws of the state of Delaware (USA), whose registered office is 280 South Mangum Street, Suite 301, Durham, North Carolina 27701, United States of America. It is licensed and regulated under the Securities and Exchange Commission ( SEC ) and is the Investment Manager of the following sub-fund: Amundi Funds Bond US Opportunistic Core Plus Investment Sub-Managers: Amundi Hong-Kong Limited has delegated the management of the following sub-funds to Amundi Singapore Limited, a subsidiary of Amundi, which holds a Capital Markets Services Licence issued by the Monetary Authority of Singapore to conduct regulated activities in fund management and dealing in securities; it is domiciled at 168 Robinson Road #24-01, Capital Tower, Singapore Amundi Funds Equity ASEAN Amundi Funds Equity Thailand Amundi Hong-Kong Limited has delegated the management of the following sub-fund to NH-CA Asset Co., Ltd., a company incorporated under the laws of Korea and domiciled at 10F Nonghyup Culture & Welfare Foundation Bldg Yeoido-dong Yeongdeungpo-gu, Seoul, Korea. It is licensed under the Financial Investment Services and Capital Markets Act. Amundi Funds Equity Korea Under its supervision, Amundi Asset has delegated the management of the Asian part of the following sub-fund s portfolio to Amundi Japan Ltd., a limited liability company, incorporated under Japanese Law and domiciled at 1-2-2, Uchisaiwaicho Chiyoda-Ku, Tokyo Japan: Amundi Funds Absolute Volatility World Equities Custodian CACEIS Bank, Luxembourg Branch is appointed as custodian of the Company s assets; it is a société anonyme incorporated under the laws of the Grand-Duchy of Luxembourg and is licensed and regulated by Commission de Surveillance du Secteur Financier ( CSSF ). Its address is 5, allée Scheffer, L-2520 Information on regulators The contact details of the regulators referred to above are as follows: Commission de Surveillance du Secteur Financier (CSSF) 110, route d'arlon L-1150 Luxembourg Tel: (+352) Autorité des Marchés Financiers (AMF) 17, place de la Bourse Paris Cedex 02 Tel: (+33 1) Financial Conduct Authority (FCA) 25 The North Colonnade, Canary Wharf, London E14 5HS Tel. UK: ; Tel. from abroad:

7 7 Monetary Authority of Singapore (MAS) 10 Shenton Way MAS Building Singapore Tel: (65) Financial Services Agency The Central Common Government Offices No. 7, Kasumigaseki, Chiyoda-ku, Tokyo, Japan Tel: Securities and Futures Commission (SFC) 35/F, Cheung Kong Center 2 Queen's Road Central, Hong Kong Tel: Securities and Exchange Commission (SEC) 100 F Street, NE Washington, DC Tel: +1 (202) Financial Services Commission 97, Yeoui-daero, Youngdeungpo-Gu Seoul, , South Korea Tel: Personal Data Protection For the purposes of the Personal Data Protection Act 2012 of Singapore ( PDPA ), the investor consents and acknowledges that personal data provided by the investor to the Company (whether directly or through his/her appointed agent or distributor), or otherwise collected by or on behalf of a Recipient (defined below) in connection with the subscription for Relevant s (as defined below), including any personal data relating to third party individuals (e.g. beneficial owners, directors or authorised signatories of investors who are not individuals) (the "Data") may be held by the Company and/or their related corporations (each a "Recipient"), and/or any third party engaged by a Recipient to provide administrative, computer or other services. Each of the foregoing persons may collect, use, disclose, process and maintain such Data for the following purposes and other purposes in connection with the administration, operation, processing or management of the Relevant s or a Sub-Fund, including but not limited to (i) maintaining the register of Holders, (ii) processing applications for subscriptions, redemptions and switching of Relevant s and payments to Holders, (iii) monitoring late trading and market timing practices, (iv) complying with applicable anti-money laundering rules and regulations, (v) tax identification for the purpose of complying with the Foreign Account Tax Compliance Act ( FATCA ) and any other applicable tax laws and regulations, (vi) complying with any legal, governmental, or regulatory requirements of any relevant jurisdiction (including any disclosure or notification requirements), (vii) complying with the requirements or directions of any regulatory authority, (viii) providing client-related services, including providing customer support, communicating with and disseminating notices and reports to individuals purporting to be investors or purporting to represent investors, (ix) identity verification, and (x) to exercise or enforce the rights of a Recipient under contract or pursuant to applicable laws and regulations. Where an investor provides to a Recipient personal data relating to third party individuals, that investor warrants that the prior consent of such third party individual, which will allow a Recipient to collect, use and disclose that personal data in the manner and for the purposes described, has been obtained, and consents and acknowledges to all such collection, use and disclosure on behalf of that third party individual. Subject to applicable laws and regulations, such Data may be transferred to our Head Office in France and affiliated companies in Hong Kong and All such Data may be retained after Relevant s held by the relevant Holder have been redeemed. The Data collected may be maintained for such period of time which may be required under applicable laws and as otherwise needed to fulfil the purposes set out above. All individual investors in Singapore have a right of access and of rectification of the Data in cases where such Data is incorrect or incomplete. Investors may refuse to consent to the collection, use, and disclosure of the Data. Where such refusal is made, the Company (whether directly or through the appointed agent or distributor) is entitled to reject any application to subscribe to s submitted by the investor concerned. Investors may, after consenting to the collection, use and disclosure of their Data, withdraw their consent by giving notice in writing to the Company (whether directly or through the appointed agent or distributor). Investors should note that a notice of withdrawal of consent submitted by a holder shall (1) also be deemed to be a request for redemption of all s held by such holder and (2) not prevent the continued use or disclosure of Data for the purposes of compliance with any legal, governmental or regulatory requirements of any relevant jurisdiction.

8 8 Other information Please note that this Information Memorandum incorporates the attached Prospectus of the Company (incorporating the key features in respect of each Sub-Fund). Investors should refer to the attached Prospectus for particulars on (i) the investment objective, focus and approach in relation to each Sub-Fund, (ii) the risks of subscribing for or purchasing the Relevant s in each Sub-Fund, (iii) the conditions, limits and gating structures for redemption of the Relevant s, and (iv) the fees and charges that are payable by investors and payable out of the Relevant s. Information on the past performance of the Sub-Funds may be obtained from the website: Annual reports approved by the auditors and semi-annual reports are available to shareholders at the Company s registered office. Investors should note that only Relevant s of the Sub-Funds are being offered pursuant to this Information Memorandum. This Information Memorandum is not and should not be construed as making an offer in Singapore of other classes of shares in the sub-funds of the Company. For the avoidance of doubt, - AMUNDI FUNDS BOND ASIAN LOCAL DEBT, CLASS A2U (C) SHARES, CLASS A2HS (C) SHARES, CLASS A2U-MD (D) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2U (D) SHARES AND CLASS A2HS (D) SHARES; - AMUNDI FUNDS BOND CHINA AGGREGATE, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS BOND EURO HIGH YIELD, CLASS A2E (C) SHARES AND CLASS A2E (D) SHARES; - AMUNDI FUNDS BOND GLOBAL AGGREGATE, CLASS A2U (C) SHARES, CLASS A2HS (C) SHARES, CLASS A2S (C) SHARES, CLASS A2U-MD (D) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2S-MD (D) SHARES, CLASS A2U (D) SHARES AND CLASS A2HS (D) SHARES; - AMUNDI FUNDS BOND GLOBAL EMERGING CORPORATE, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS BOND GLOBAL EMERGING BLENDED, CLASS A2E (C) SHARES, CLASS A2HS (C) SHARES, CLASS A2HU (C) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2E-MD (D) SHARES AND CLASS A2HU-MD (D) SHARES; - AMUNDI FUNDS BOND GLOBAL EMERGING HARD CURRENCY, CLASS A2E (C) SHARES, CLASS A2E- MD (D) SHARES, CLASS A2HS (C) SHARES, CLASS A2HS-MD (D) SHARES, CLASS A2HU (C) SHARES AND CLASS A2HU-MD (D) SHARES; - AMUNDI FUNDS EQUITY ASEAN, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY EMERGING FOCUS, CLASS A2U (C) SHARES, CLASS A2HS (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY EUROLAND SMALL CAP, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY EUROPE CONSERVATIVE, CLASS A2E (C) SHARES AND CLASS A2E (D) SHARES; - AMUNDI FUNDS EQUITY GREATER CHINA, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS SBI FM EQUITY INDIA, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY JAPAN TARGET, CLASS A2U (C) SHARES, CLASS A2U (D) SHARES, CLASS A2HU (C) SHARES AND CLASS A2HU (D) SHARES; - AMUNDI FUNDS EQUITY JAPAN VALUE, CLASS A2U (C) SHARES AND CLASS A2U (D) SHARES; - AMUNDI FUNDS EQUITY THAILAND, CLASS AU (C) SHARES AND CLASS AU (D) SHARES; are not being offered pursuant to this Information Memorandum.

9 PROSPECTUS March 2017 Amundi Funds A Luxembourg UCITS

10 CONTENTS A Word to Potential Investors 2 Sub-Fund Descriptions 4 EQUITY SUB-FUNDS Global / Regional / Country Equity Euro Concentrated 1 5 Equity Europe Concentrated 6 Equity Global Concentrated 7 Equity Global Income 8 Equity Japan Target 9 Equity Japan Value 10 Wells Fargo US Mid Cap 2 11 Equity US Relative Value 12 Smaller Companies / Thematic Equity Euroland Small Cap 13 Equity Europe Small Cap 14 Equity Global Agriculture 15 CPR Global Gold Mines 3 16 Equity Global Luxury and Lifestyle 17 CPR Global Resources 4 18 Equity Green Impact 19 Asia / Emerging Markets Equity ASEAN 20 Equity Asia Ex Japan 21 Equity Asia Ex Japan Concentrated 22 Equity Brazil 23 Equity Emerging Focus 24 Equity Emerging World 25 Equity Greater China 26 SBI FM Equity India 5 27 Equity India Infrastructure 28 SBI FM Equity India Select 6 29 Equity Korea 30 Equity Latin America 31 Equity MENA 32 Equity Thailand 33 Smart Beta Active Equity Emerging Conservative 34 Equity Euro Risk Parity 35 Equity Europe Conservative 36 Equity Global Conservative 37 BOND SUB-FUNDS Convertible Bonds Convertible Credit 38 Convertible Europe 39 Convertible Global 40 Euro Bonds Bond Euro Aggregate 41 Bond Euro Corporate 42 Bond Euro Corporate Short Term 43 Bond Euro Government 44 Bond Euro Inflation 45 High-Yield Bonds Bond Euro High Yield 46 Bond Euro High Yield Short Term 47 Bond Global Hybrid 48 Global Bonds and Debts Bond Europe 49 Bond Global 50 Bond Global Aggregate 51 Bond Global Corporate 52 Bond Global High Yield 53 Bond Global Inflation 54 Bond Global Total Return 55 Bond US Aggregate 56 Bond US Corporate 57 Bond US Opportunistic Core Plus 58 Sterling Strategic Bond 59 Emerging Markets Debt Bond Asian Local Debt 60 Bond China Aggregate 61 Bond Global Emerging Blended 62 Bond Global Emerging Corporate 63 Bond Global Emerging Hard 64 Bond Global Emerging Local 65 MULTI ASSET SUB-FUNDS BFT Optimal Income 66 Multi Asset Conservative 7 67 Global Perspectives 8 69 Target Coupon 71 PROTECTED SUB-FUNDS Protect Protect 90 USD 74 INDEXED SUB-FUNDS Indexed Equities index Equity Emerging Markets 75 ABSOLUTE RETURN SUB-FUNDS Absolute Volatility Arbitrage 76 Absolute Volatility Arbitrage Plus 77 Absolute Volatility Euro Equities 78 Absolute Volatility World Equities 79 BFT Absolute Global Dividend 80 Global Macro Bonds & Currencies 81 Global Macro Bonds & Currencies Low Vol 82 Global Macro Forex 83 Global Macro Forex Strategic 84 CASH SUB-FUNDS Cash EUR 85 Cash USD 86 Notes on Sub-Fund Costs 87 Risk Descriptions 88 General Investment Policies 91 More about and Techniques 94 Investing in the Sub-Funds 96 The SICAV 103 The Company formerly named Equity Euro until April 24, formerly named Equity US Concentrated Core until May 3, formerly named Global Gold Mines until March 13, formerly named Global Resources until March 13, formerly named Equity India until March 13, formerly named Equity India Select until April 24, formerly named Multi Asset Global until April 28, formerly named Patrimoine until May 24, 2017

11 A WORD TO POTENTIAL INVESTORS All Involve Risk With these sub-funds, as with most investments, future performance may differ from past performance. There is no guarantee that any subfund will meet its objectives or achieve any particular level of performance. Sub-fund investments are not bank deposits. The value of your investment can go up and down, and you could lose money. No subfund in this prospectus is intended as a complete investment plan, nor are all sub-funds appropriate for all investors. Before investing in any sub-fund, you should understand the risks, costs, and terms of investment of that sub-fund. You should also understand how well these characteristics align with your own financial circumstances and tolerance for investment risk. As a potential investor, it is your responsibility to know and follow the laws and regulations that apply to you and to be aware of the potential tax consequences of your investment. We recommend that every investor consult an investment adviser, legal adviser and tax adviser before investing. Note that any differences among portfolio securities currencies, share class currencies, and your home currency will expose you to currency risk. In addition, if your home currency is different from the currency in which the share class you own reports its performance, the performance you experience as an investor could be substantially different from the published performance of the share class. Who Can Invest in These Sub-funds Distributing this prospectus, offering these shares for sale, or investing in these shares is legal only where the shares are registered for public sale or where sale is not prohibited by local law or regulation. This prospectus is not an offer or solicitation in any jurisdiction, or to any investor, where such a solicitation is not legally permitted. These shares are not registered with the US Securities and Exchange Commission or any other US entity, federal or otherwise. Therefore, unless the SICAV is satisfied that it would not constitute a violation of US securities laws, these shares are not available to, or for the benefit of, US persons. For more information on restrictions on share ownership, or to request board approval to invest in a restricted class, contact us (see page 103). Which Information to Rely On In deciding whether or not to invest in a sub-fund, you should look at this prospectus, the relevant Key Investor Information Document (KIID), the application form, and the sub-fund s most recent annual report. These documents must all be distributed together (along with any more recent semi-annual report, if published), and this prospectus is not valid without the other documents. By buying shares in any of these subfunds, you are considered to have accepted the terms described in these documents. Together, all these documents contain the only approved information about the sub-funds and the SICAV. The board is not liable for any statements or information about the sub-funds or the SICAV that is not contained in these documents. In case of any inconsistency in translations of this prospectus, the English version will prevail. Definitions of certain terms used in this prospectus appear on page Amundi Funds SICAV

12 SUB-FUND DESCRIPTIONS Introduction to the Sub-Funds All of the sub-funds described here are part of Amundi Funds, a SICAV that functions as an umbrella structure. The SICAV exists to offer investors a range of sub-funds with different objectives and strategies, and to manage the assets of these sub-funds for the benefit of investors. For each sub-fund, the specific investment objectives and the main securities it may invest in, along with other key characteristics, are described in this section. In addition, all sub-funds are subject to the general investment policies and restrictions that begin on page 91. The board of the SICAV has overall responsibility for the SICAV s business operations and its investment activities, including the investment activities of all of the sub-funds. The board has delegated the day-to-day management of the sub-funds to the management company, which in turn has delegated some of its responsibilities to a number of investment managers and other service providers. The board retains supervisory approval and control over the management company. More information about the SICAV, the board, the management company and the service providers begins on page 103. CURRENCY ABBREVIATIONS AUD Australian dollar CAD Canadian dollar CHF Swiss franc CZK Czech koruna DKK Danish krone EUR Euro GBP British pound sterling HKD Hong Kong dollar JPY Japanese yen NOK Norwegian krone NZD New Zealand dollar PLN Polish zloty RMB Chinese renminbi SEK Swedish krona SGD Singapore dollar USD United States dollar For information on fees and expenses you may have to pay in connection with your investment, consult the following: Maximum fees for purchase, switching and redeeming shares: this section (main classes) and Investing in the Sub-funds section (all families of classes). Maximum annual fees deducted from your investment: this section (main classes). Recent actual expenses: the applicable KIID or the SICAV s most recent shareholder report. Fees for currency conversions, bank transactions, and investment advice: your financial advisor, the transfer agent (page 107) or other service providers, as applicable. 4 Amundi Funds SICAV

13 ÇÇÁÁ Equity Euro Concentrated (formerly named Equity Euro until April 24, 2017) To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI Euro (dividends reinvested) index over any given 5-year period. The sub-fund invests mainly in equities of companies from the Eurozone. Specifically, the sub-fund invests at least 75% of net assets in equities that are denominated in euro and are issued by companies that are headquartered, or do substantial business, in the Eurozone. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency EUR. The investment team selects equities based on a fundamental analysis (bottom-up), constructing a concentrated portfolio that consists of those securities about which the investment team has conviction, with no bias in terms of style or market capitalisation. Investment Manager Amundi Asset. See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding European equity exposure a request is received except for the OR share class (see cut off times and processing schedule on page 98). Fees for Transactions Investment Purchase Switch AE EUR 4.50% 1.00% 1.30% 0.35% 20% IE EUR USD 500, % 1.00% 0.65% 0.25% 20% Reference for performance fee: MSCI Euro (dividends reinvested) index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Dec - 30 Nov. 5 Amundi Funds SICAV

14 Equity Europe Concentrated To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI Europe (dividends reinvested) index over any given 5-year period. The sub-fund invests mainly in European equities. Specifically, the sub-fund invests at least 75% of net assets in equities of companies that are headquartered, or do substantial business, in Europe. There are no currency constraints on these investments. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency EUR. The investment team selects equities based on a fundamental analysis (bottom-up), constructing a concentrated portfolio that consists of those securities about which the investment team has conviction, with no bias in terms of style or market capitalisation. Investment Manager Amundi Asset. See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding European equity exposure a request is received except for the OR share class (see cut off times and processing schedule on page 114). Fees for Transactions Investment Purchase Switch AE EUR 4.50% 1.00% 1.30% 0.35% 20% IE EUR USD 500, % 1.00% 0.65% 0.25% 20% Reference for performance fee: MSCI Europe (dividends reinvested) index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Dec - 30 Nov. 6 Amundi Funds SICAV

15 Equity Global Concentrated To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI World All Countries (ACWI) TR index over any given 5-year period. The sub-fund invests mainly in equities of large capitalisation companies around the world. Specifically, the sub-fund invests at least 67% of net assets in equities of companies that have a market capitalisation of at least USD 500 million at the time of the purchase. There are no currency constraints on these investments. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging. Base currency USD. The investment team selects equities based on a disciplined approach to valuation (bottom-up), constructing a concentrated portfolio that consists of those securities about which the investment team has conviction. Investment Manager Amundi Asset. See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking for a single investment that offers broad global exposure to equities Fees for Transactions Investment Purchase Switch AU USD 4.50% 1.00% 1.30% 0.35% 20% IU USD USD 500, % 1.00% 0.50% 0.25% 20% Reference for performance fee: MSCI World All Countries (ACWI) TR index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Jul - 30 Jun. 7 Amundi Funds SICAV

16 Equity Global Income To achieve a combination of capital growth and income (total return). Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI World index over any given 5-year period. The sub-fund invests mainly in equities of companies around the world. Specifically, the sub-fund invests at least 67% of assets in equities and equity-linked instruments. There are no currency constraints on these investments. convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency USD. The investment team uses fundamental analysis (bottom up) to screen companies with best potential for sustainable dividend yields, then applies a risk diversification process to construct a portfolio that is designed to be as decorrelated as possible to the reference index. Investment Manager Amundi Asset. See Risk Descriptions for more information. Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in a combination of investment growth and income in the long term are looking for a single investment that offers broad global exposure to equities Fees for Transactions Investment Purchase Switch AU USD 4.50% 1.00% 1.30% 0.20% 20% IU USD USD 500, % 1.00% 0.65% 0.10% 20% Reference for performance fee: MSCI World index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Jul - 30 Jun. 8 Amundi Funds SICAV

17 Equity Japan Target To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the Topix (RI) index over any given 5- year period. The sub-fund invests mainly in Japanese equities. Specifically, the sub-fund invests at least 67% of assets in equities that are listed on a regulated market in Japan and are issued by companies that are headquartered, or do substantial business, in Japan. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency JPY. The investment team actively manages the sub-fund s portfolio by using a stock-picking model (bottom-up), which aims to select the most attractive equities of cash-rich companies having undervalued assets or growth potential or being in a turnaround situation. Investment Manager Amundi Japan. See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding Japanese equity exposure business day. Transaction settlement occurs 4 business days after Fees for Transactions Investment Purchase Switch AJ JPY 4.50% 1.00% 1.80% 0.40% 20% IJ JPY USD 500, % 1.00% 0.80% 0.25% 20% RJ JPY 4.50% 1.00% 0.80% 0.40% 20% Reference for performance fee: Topix (RI) index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Jul - 30 Jun. 9 Amundi Funds SICAV

18 Equity Japan Value To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the Topix Tokyo SE index over any given 5-year period. The sub-fund invests mainly in Japanese equities. Specifically, the sub-fund invests at least 67% of assets in equities of companies that are headquartered, or do substantial business, in Japan. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency JPY. The investment team actively manages the sub-fund s portfolio by using a stock-picking model (bottom-up) that aims to select equities that appear to be undervalued. Investment Manager Resona Bank Ltd. See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding Japanese equity exposure business day. Transaction settlement occurs 4 business days after Switching in/out Not permitted. Fees for Transactions Investment Purchase Switch AJ JPY 4.50% 1.00% 1.50% 0.40% IJ JPY USD 500, % 1.00% 0.80% 0.25% 10 Amundi Funds SICAV

19 Wells Fargo US Mid Cap (formerly named Equity US Concentrated Core until May 3, 2017) To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI USA Mid Cap index (Russell 1000 Growth (Total Return) index until May 3, 2017) over any given 5-year period. The investment team actively manages the sub-fund s portfolio by using a fundamental analysis (bottom-up) that aims to select the most attractive equities of cash rich companies having undervalued assets or growth potential and limited downside risk. (process applied as from May 3, 2017). The sub-fund invests mainly in medium capitalisation (large capitalization until May 3, 2017) equities in the United States. Specifically, the sub-fund invests at least 85% of assets (67% until May 3, 2017) in equities of companies that: - are headquartered, or do substantial business, in the United States, - have a market capitalisation within the range of the MSCI USA Mid Cap index (market capitalisation of at least USD 1 billion at the time of the purchase until May 3, 2017), - are listed in the United States or in one of the OECD countries. in other equities, equity-linked instruments, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency USD. Investment Manager Wells Capital Incorporated (TCW Investment Company until May 3, 2017). See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding US equity exposure Fees for Transactions Investment Purchase Switch AU USD 4.50% 1.00% 1.70% 0.40% 20% IU USD USD 500, % 1.00% 0.80% 0.25% 20% RU USD 4.50% 1.00% 0.80% 0.40% 20% Reference for performance fee: MSCI USA Mid Cap (Russell 1000 Growth (Total Return) until May 3, 2017) index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1 years period from 1 Jun - 31 May. Until May 3, 2017, the sub-fund [applied/applies] the 1/3 year(s) period from 1 Jul 30 Jun. The first 1 year period will end on May 31, Amundi Funds SICAV

20 Equity US Relative Value To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the S&P 500 (Total Return) index over any given 5-year period. The sub-fund invests mainly in equities in the United States. Specifically, the sub-fund invests at least 67% of assets in equities of companies that: - are headquartered, or do substantial business, in the United States, - are listed in the United States or in one of the OECD countries. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency USD. The investment team actively manages the sub-fund s portfolio by using a stock-picking model (bottom-up) that aims to select companies that appear to be undervalued with strong growth potential and a limited downside risk. Investment Manager TCW Investment Company. See Risk Descriptions for more information. Concentration Equity Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding US equity exposure Fees for Transactions Investment Purchase Switch AU USD 4.50% 1.00% 1.70% 0.40% 20% IU USD USD 500, % 1.00% 0.70% 0.25% 20% RU USD 4.50% 1.00% 0.70% 0.40% 20% Reference for performance fee: S&P 500 (Total Return) index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Jul - 30 Jun. 12 Amundi Funds SICAV

21 Equity Euroland Small Cap To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI EMU Small Cap index over any given 5-year period. The sub-fund invests mainly in small capitalisation equities in the Eurozone. Specifically, the sub-fund invests at least 75% of net assets in equities of companies that are headquartered and listed in the Eurozone, with a minimum of 51% of net assets in equities in those that have a market capitalisation of below EUR 5 billion at the time of the purchase. may be extended to other European Union member states, depending on the expectations regarding which countries may subsequently become part of the Eurozone. in other equities, equity-linked instruments, convertible bonds, bonds, money market instruments and deposits, and may invest up to 10% of net assets in UCITS/UCIs. The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency EUR. The investment team selects equities based on fundamental analysis (bottom-up), constructing a concentrated portfolio that consists of those securities about which the investment team has conviction. Investment Manager Amundi Asset. See Risk Descriptions for more information. Concentration Equity Small and mid-cap stock Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding European equity exposure Fees for Transactions Investment Purchase Switch AE EUR 4.50% 1.00% 1.70% 0.40% 20% IE EUR USD 500, % 1.00% 0.80% 0.25% 20% RE EUR 4.50% 1.00% 0.80% 0.40% 20% Reference for performance fee: MSCI EMU Small Cap index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Jul - 30 Jun. 13 Amundi Funds SICAV

22 Equity Europe Small Cap To achieve long-term capital growth. Specifically, the sub-fund seeks to outperform (after applicable fees) the MSCI Europe Small Cap (dividends reinvested) index over any given 5-year period. The sub-fund invests mainly in small capitalisation equities in the Europe Union. Specifically, the sub-fund invests at least 75% of net assets in equities of companies that are headquartered, or do substantial business, in the European Union, with a minimum of 67% of assets in those that have a market capitalisation of below EUR 5 billion at the time of the purchase. There are no currency constraints on these investments. in other equities and convertible bonds, and may invest in the following assets up to these percentages of net assets: - euro-denominated debt instruments and multi-currencies deposits: 20% - UCITS/UCIs: 10% The sub-fund may use derivatives for hedging and efficient portfolio management. Base currency EUR. The investment team selects equities based on fundamental analysis (bottom-up), constructing a concentrated portfolio that consists of those securities about which the investment team has conviction. Investment Manager Amundi Asset. See Risk Descriptions for more information. Concentration Equity Small and mid-cap stock Risk management method Commitment. and plan to invest for at least 5 years. are interested in investment growth in the long term are looking to diversify a portfolio by adding European equity exposure Fees for Transactions Investment Purchase Switch AE EUR 4.50% 1.00% 1.70% 0.40% 20% IE EUR USD 500, % 1.00% 0.80% 0.25% 20% RE EUR 4.50% 1.00% 0.80% 0.40% 20% Reference for performance fee: MSCI Europe Small Cap index (dividend reinvested) index. Fee applies only to share class performance that exceeds this reference. fee measurement period: 1/3 year(s) period from 1 Jul - 30 Jun. 14 Amundi Funds SICAV