Ossiam

Country (LU)

OSSIAM SOLACTIVE MOODY'S ANALYTICS IG EUR Select Credit UCITS ETF 1C (EUR)

Date	Fund AUM	NAV	ISIN Code
20/01/17	49 000 545€	186.671€	LU1093307442

Date	Fund AUM	NAV	Reference index level	Currency	ISIN Code	TER
20/01/17	49 000 545€	186.671€	188.59	EUR	LU1093307442	0.35%

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Objective
Characteristics
Exposure
Performance
Components

Objective

The investment objective of OSSIAM SOLACTIVE MOODY'S ANALYTICS IG EUR SELECT CREDIT is to replicate, before the Fund’s fees and expenses, the performance of the Solactive Moody’s Analytics IG EUR Select Credit Index closing level. Solactive Moody’s Analytics IG EUR Select Credit Index is a total return index (net income reinvested) expressed in EUR and created, calculated and published by Solactive AG.

CHARACTERISTICS

Legal form	Ossiam Lux SICAV
Domicile	Luxembourg
Fund type	UCITS
Inception date	29/12/2017
TER	0.35%
Fund currency	EUR
Share class currency	EUR
Currency hedging	N/A
Dividends	reinvested
Minimum investment (on exchange)	1 share
Replication method	synthetic
Management company	Ossiam
Depositary	State Street Bank Luxembourg S.C.A.
Administrative agent	State Street Bank Luxembourg S.C.A.
Auditor	Deloitte Audit S.à r.l
ISIN code	LU1093307442
Bloomberg code	OSXF GY
Reuters code	OSXF.DE

Exposure

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Name of the reference index	ISIN Code
SOLACTIVE MOODY'S ANALYTICS IG EUR Select Credit Index

Name of the reference index	ISIN Code	Reuters RIC	Bloomberg Ticker	Methodology
SOLACTIVE MOODY'S ANALYTICS IG EUR Select Credit Index			SOLMASCR Index	click here

The Solactive Moody’s Analytics IG EUR Select Credit Index is a rule based index seeking to maximize the total return of an adequately liquid and diversified selection of bonds while maintaining a low credit risk profile. The Index reflects the total return performance of a selection of 100 bonds among the largest corporate bonds issues (amount outstanding above 750M EUR) from the Solactive Euro IG Corporate Index (the “Base Index”) which tracks the performance of EUR denominated Investment Grade corporate fixed-rate bonds. A minimum rating of BBB- by Standard & Poor’s or Baa3 by Moody’s is required to be qualified as Investment Grade. For the avoidance of doubt, if one of the rating agencies rates the bond as Investment Grade, it is eligible for inclusion in the Index. Each constituent is allocated the same weight (1% in normal circumstances) at each rebalancing date. As such, sector, company, country exposures in the Index will differ from those of the Base Index. The Index composition will be reconstituted on a quarterly basis.

For a detailed description of the Index, see section “Description of the Index” in the relevant Fund Appendix of the Prospectus.

Sector Breakdown

Source: Solactive - Calculation by Ossiam

Country or region breakdown

Source: Solactive - Calculation by Ossiam

Important information

Ossiam Lux (the SICAV) is organized as an investment company with variable capital under the laws of the Grand-Duchy of Luxembourg and was approved by the Luxembourg market authority CSSF on 22/04/2011 under the Visa 2011/74085-7020-0-PC. Effective as of 20 May 2016, the SICAV has appointed Ossiam as its management company, responsible for the investment management, administration and distribution of the SICAV. The management company has appointed State Street Luxembourg as Administrative Agent, Paying Agent, Domiciliary and Corporate Agent, Registrar and Transfer Agent of the SICAV. Ossiam, a subsidiary of Natixis Investment Managers, is a French asset manager authorized by the Autorité des Marchés Financiers (Agreement No. GP-10000016). Although information contained herein is from sources believed to be reliable, Ossiam makes no representation or warranty regarding the accuracy of any information of which it is not the source. The information presented in this page is based on market data at a given moment and may change from time to time. The risks associated with the Fund and the Index are detailed in the « General Risk Considerations » section of the Prospectus, available in English on www.ossiam.com. Investments decision should only be made on the basis of the Prospectus. Investors should also be well informed about the main characteristics of the Index (number of stocks, sector and or country breakdown, past evolution…) in order to have an overview of the risks and opportunities related to an exposure to the Index. Some degree of performance difference between OSSIAM ETF product and the underlying index is to be expected as a result of index replication costs and tracking error. The sub-fund shown on this page is not registered or authorized in all jurisdictions and may not be available to all investors in a jurisdiction. Accordingly, if investors have any questions about the registration or authorization of the sub-fund referenced on this page, they should contact the Management Company or Investment Manager for further information. Any investment in or distribution of the sub-fund referenced herein would only be possible if it was in compliance with all applicable laws and regulations, including, but not limited to obtaining any required registrations.

"The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or
implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other
respect. The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly.
Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to
investors and/or financial intermediaries of the financial instrument. Neither publication of the Index by Solactive AG nor the licensing of the Index or
Index trade mark for the purpose of use in connection with the financial instrument constitutes a recommendation by Solactive AG to invest capital in
said financial instrument nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this financial
instrument."
"The Fund is not sponsored, promoted, sold or supported in any manner by Moody’s Analytics nor does Moody’s Analytics offer any express or implicit
guarantee or assurance either with regard to the results of using the Index and/or the Moody’s Analytics trade mark or data at any time or in any other
respect. Certain quantitative financial data used by Solactive AG in calculating and publishing the Index is provided by Moody’s Analytics. Irrespective of
its obligations towards the Issuer and Solactive AG, Moody’s Analytics has no obligation to point out errors in the data to third parties including but not
limited to investors and/or financial intermediaries of the Fund. Neither publication of the Index by Solactive AG nor the licensing of data or the Moody’s
Analytics trade mark for the purpose of use in connection with the Index and Fund constitutes a recommendation by Moody’s Analytics to invest capital in
the Fund nor does it in any way represent an assurance or opinion of Moody’s Analytics with regard to any investment in this financial instrument. "

Performance

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OSSIAM SOLACTIVE MOODY'S ANALYTICS IG EUR Select Credit UCITS ETF 1C (EUR) vs Solactive Euro IG Corporate Index (EUR)

Source: Ossiam / Bloomberg - Calculation by Ossiam. Past performance is not a reliable indicator of future performance. Please note that if the performance of a strategy is calculated in a currency different from the currency of your area, any losses or gains generated by the strategy may be affected by exchange rate fluctuations (both upward and downward).

Important information

Information on the Perfect Basket:

By accessing the Portfolio Composition File (PCF), you agree not to reproduce, distribute or disseminate the PCF, in whole or in part, in any form without prior written permission of Ossiam, Euronext, STOXX Ltd or Standard & Poor's. Data included in this document is considered reliable by Ossiam at the time specified given the information in its possession.

However Ossiam does not provide any guarantee, expressed or implied, on the quality of the information, and the fundâcomposition may be different from the composition of the PCF because of the replication strategy put in place. In no event shall Ossiam Euronext, STOXX Ltd or Standard & Poor's have any liability relating to the use of the PCF. The PCF is for informational purposes only.

Information on the fundâinventory:

Materials contained on this website have been prepared for information purposes only, and are not of any statutory nature. As information contained may not be updated as you consult them, we suggest you to verify the update dates indicated on the website.

As the ETF is using a synthetic replication model, a swap agreement has been signed with counterparty, exposing investors to counterparty risk (not exceeding 10% of the NAV per counterparty).

For each Ossiam ETF, the NAV calculated for day D is based on the closing price of the benchmark index as observed on day D.

Past performance is not a reliable indicator of future performance.

The value of the product can go down as well as up and can be subject to volatility due to factors such as price changes in the underlying instrument and interest rates. In the worst case scenario, investors can lose all of their investment.

As a result of entering into swap(s) transaction(s), the Fund is subject to potential counterparty and issuer risk. In the event of insolvency or default of the counterparty or issuer, the Fund could suffer a loss. The value of the swap(s) transaction(s) may vary according to several factors such as (but not limited to) the level of the Index, the level of interest rates and the liquidity of the equity market.

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Components

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Index components

For the sake of transparency, Ossiam publishes the full composition of the reference index (with a delay of 2 working days due to index provider constraints). The table below shows the 10 largest stocks in the index. To download the full composition of the index, click on the link "download the index composition (Excel)".

Index composition - Top 10 (2020-01-16)

Name	ISIN Code	Weights	Close price	Currency
DHR 1.8 09/18/49	XS2051149552	1.01%		EUR
TMO 1 7/8 10/01/49	XS2058557344	1.01%		EUR
TMO 1 1/2 10/01/39	XS2058557260	1.01%		EUR
DHR 1.35 09/18/39	XS2050406177	1.01%		EUR
FFHCN 2 3/4 03/29/28	XS1794675931	1.01%		EUR
ACAFP 2.85 04/27/26	FR0013134897	1.01%		EUR
DANBNK 2 1/2 06/21/29	XS1967697738	1.01%		EUR
T 3.15 09/04/36	XS1629866432	1.01%		EUR
TALANX 2 1/4 12/05/47	XS1729882024	1.01%		EUR
T 3.55 12/17/32	XS0866310088	1.00%		EUR

Name	ISIN Code	Weights	Close price	Currency
DHR 1.8 09/18/49	XS2051149552	1.01%		EUR
TMO 1 7/8 10/01/49	XS2058557344	1.01%		EUR
TMO 1 1/2 10/01/39	XS2058557260	1.01%		EUR
DHR 1.35 09/18/39	XS2050406177	1.01%		EUR
FFHCN 2 3/4 03/29/28	XS1794675931	1.01%		EUR
ACAFP 2.85 04/27/26	FR0013134897	1.01%		EUR
DANBNK 2 1/2 06/21/29	XS1967697738	1.01%		EUR
T 3.15 09/04/36	XS1629866432	1.01%		EUR
TALANX 2 1/4 12/05/47	XS1729882024	1.01%		EUR
T 3.55 12/17/32	XS0866310088	1.00%		EUR

Source: Solactive - Data shown relates to the 10 largest stocks in the index. To access the complete composition of the index, click on the link below.

Download the index composition (Excel)

Fund assets

Fund assets - Top 10 (2020-01-16)

Name	ISIN Code	Weights
ACAFP 2 5/8 03/17/27	XS1204154410	7.01%
SANTAN 2 1/2 03/18/25	XS1201001572	6.31%
UNANA 1 3/8 07/31/29	XS1654192274	6.10%
TMO 1.95 07/24/29	XS1651071950	4.62%
AGN 1 1/2 11/15/23	XS1909193150	4.45%
Societe Generale SA		4.23%
ANZ 0 3/4 09/29/26	XS1496758092	4.23%
BRITEL 0 5/8 03/10/21	XS1377680381	4.14%
BACR 1 7/8 12/08/23	XS1531174388	4.11%
VW Float 07/06/21	XS1642546078	4.09%

Name	ISIN Code	Weights
ACAFP 2 5/8 03/17/27	XS1204154410	7.01%
SANTAN 2 1/2 03/18/25	XS1201001572	6.31%
UNANA 1 3/8 07/31/29	XS1654192274	6.10%
TMO 1.95 07/24/29	XS1651071950	4.62%
AGN 1 1/2 11/15/23	XS1909193150	4.45%
Societe Generale SA		4.23%
ANZ 0 3/4 09/29/26	XS1496758092	4.23%
BRITEL 0 5/8 03/10/21	XS1377680381	4.14%
BACR 1 7/8 12/08/23	XS1531174388	4.11%
VW Float 07/06/21	XS1642546078	4.09%

Source: Ossiam - Data shown above is a top 10 of the fund assets. To access the complete fund assets, please click on the link below.

Download the fund assets (Excel)

Equity Participation Rate as per German Investment Tax Act

Equity Participation Rate (%)

Not Applicable

Retail client definition: A client who is neither a professional client nor an eligible counterparty.

Professional client definition: A client that falls into any of the following categories:

(1) an entity required to be authorised or regulated to operate in the financial markets. The following list includes all authorised entities carrying out the characteristic activities of the entities mentioned, whether authorised by an EEA State or a third country and whether or not authorised by reference to a directive:

(a) a credit institution
(b) an investment firm
(c) any other authorised or regulated financial institution
(d) an insurance company
(e) a collective investment scheme or the management company of such a scheme
(f) a pension fund or the management company of a pension fund
(g) a commodity or commodity derivatives dealer
(h) a local
(i) any other institutional investor

(2) in relation to MiFID or equivalent third country business a large undertaking meeting two of the following size requirements on a company basis:

(a) balance sheet total of EUR 20,000,000
(b) net turnover of EUR 40,000,000
(c) own funds of EUR 2,000,000

(3) in relation to business that is not MiFID or equivalent third country business a large undertaking meeting any of the following conditions:

(a) a body corporate (including a limited liability partnership) which has (or any of whose holding companies or subsidiaries has) (or has had at any time during the previous two years) called up share capital or net assets, of at least £5 million (or its equivalent in any other currency at the relevant time)
(b) an undertaking that meets (or any of whose holding companies or subsidiaries meets) two of the following tests

i. a balance sheet total of EUR 12,500,000
ii. a net turnover of EUR 25,000,000
iii. an average number of employees during the year of 250

(c) a partnership or unincorporated association which has (or has had at any time during the previous two years) net assets of at least £5 million (or its equivalent in any other currency at the relevant time) and calculated in the case of a limited partnership without deducting loans owing to any of the partners
(d) a trustee of a trust (other than an occupational pension scheme, SSAS, personal pension scheme or stakeholder pension scheme) which has (or has had at any time during the previous two years) assets of at least £10 million (or its equivalent in any other currency at the relevant time) calculated by aggregating the value of the cash and designated investments forming part of the trust's assets, but before deducting its liabilities
(e) a trustee of an occupational pension scheme or SSAS, or a trustee or operator of a personal pension scheme or stakeholder pension scheme where the scheme has (or has had at any time during the previous two years) :

i. at least 50 members; and
ii. assets under management of at least £10 million (or its equivalent in any other currency at the relevant time)

(f) a local authority or public authority

(4) a national or regional government, a public body that manages public debt, a central bank, an international or supranational institution (such as the World Bank, the IMF, the ECP, the EIB) or another similar international organisation

(5) another institutional investor whose main activity is to invest in financial instruments (in relation to the firm's MiFID or equivalent third country business) or designated investments (in relation to the firm's other business). This includes entities dedicated to the securitisation of assets or other financing transactions.

An elective professional client - i.e. a client that would otherwise be a retail client that has elected to be treated as a professional client in accordance with the criteria set out below:

(1) Ossiam has undertaken an adequate assessment of the expertise, experience and knowledge of the client that gives reasonable assurance, in light of the nature of the transactions or services envisaged, that the client is capable of making his own investment decisions and understanding the risks involved; and

(2) the following procedure has been followed:

(a) the client has stated in writing to Ossiam that it wishes to be treated as a professional client either generally or in respect of a particular service or transaction or type of transaction or product
(b) Ossiam has given the client a clear written warning of the protections and investor compensation rights the client may lose; and
(c) the client has stated in writing, in a separate document from the contract, that it is aware of the consequences of losing such protections

Eligible counterparty

A client that falls into any of the following categories:

(1) any of the following (including an entity that is not from an EEA state that is equivalent to any of the following) unless and to the extent it is given a different categorisation under COBS 3 “Client categorization”

(a) an investment firm
(b) a credit institution
(c) an insurance company
(d) a collective investment scheme authorised under the UCITS Directive or its management company
(e) a pension fund or its management company
(f) another financial institution authorised or regulated under European Community legislation or the national law of an EEA State
(g) an undertaking exempted from the application of MiFID under either Article 2(1)(k) (certain own account dealers in commodities or commodity derivatives) or Article 2(1)(l) (locals) of that directive
(h) a national government or its corresponding office, including a public body that deals with the public debt
(i) a central bank; or
(j) a supranational organisation

(2) an elective eligible counterparty - i.e. a client that would otherwise be a professional client that has elected to be treated as an eligible counterparty in accordance with the criteria set out below

(a) the client is an undertaking and
i. is a professional client falling within limbs (1)-(3) of the definition of professional client set out above and, in relation to business other than MiFID or equivalent third country business A. is a body corporate (including a limited liability partnership) which has (or any of whose holding companies or subsidiaries has) called up share capital of at least £10 million (or its equivalent in any other currency at the relevant time) B. an undertaking that meets (or any of whose holding companies or subsidiaries meets) two of the following tests a balance sheet total of EUR 12,500,000 a net turnover of EUR 25,000,000 an average number of employees during the year of 250 ii. requests such categorisation and is an elective professional client (i.e. a client falling within the definition of professional client set out above), but only in respect of the services or transactions for which it could be treated as a professional client

However, for a client that is incorporated or organised in another member state of the EEA outside of the UK, the elective eligible counterparty opt-up is only available to the extent that the same opt-up facility has been implemented under the local rules or laws in that other member state that implement MiFID.

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This website and/or its terms and conditions are governed by and construed in accordance with French law. Any dispute arising there from or in connection therewith shall be submitted to the exclusive jurisdiction of the French courts.

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The website and its contents are related to the Exchange Traded Funds managed by Ossiam.

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Registered on the Paris company register under n°512 855 958

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The information (data, graphs, and documents) contained in this site, though provided by reliable sources, does not constitute any form of investment advice. Moreover, this site is consulted entirely at the viewer’s risk. Ossiam‘s Exchange Traded Funds (ETFs) may be subject to restrictions with regard to certain persons or in certain countries according to national regulatory requirements applicable to those persons or in those countries. It is the responsibility of the investor to ensure authorization for investment in these products.

Trackers, also called Exchange Traded Fund or ETFs, are index funds that are listed on the stock exchange and replicate the performance of their benchmark index as closely as possible whether it is rising or falling.

Investments in shares of an ETF present in particular the following risks:

- Equity risk: an ETF may be 100% exposed to market risks linked to movements of the equity components of the index. Equity market movements may lead to significant variation in the net assets, which can have a negative impact on the Fund's net asset value.

- Risk of the loss of invested capital: given the equity risk, the investor is warned that he may suffer non-measurable losses in his invested capital, as investments are subject to normal market fluctuations, as well as risks inherent to any security investment. The initial capital invested is not guaranteed. An investment should only be carried out by investors who may sustain loss of their investment.

Investment in Ossiam Lux is not suitable for all investors and the amount to be reasonably invested in the Fund depends on the investor's personal circumstances. To determine this, investors must take into account their personal wealth, personal assets, current and future needs, as well as their risk tolerance profile, whether this favours high or low-risk investments. It is also highly recommended that investments be diversified in order to avoid exposure solely to the risks of this Fund. Investors are advised to seek advice from their usual advisors (financial, legal, taxation) before purchasing any share units.

No information on this site constitutes an offer to buy, an offer to sell securities, investment advice regarding the purchase or sale of any security, or an offer or solicitation by Ossiam to supply investment advice or financial, legal, fiscal, or investment services, or the buying or selling of securities or other financial instruments.

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The reference documents (full prospectus, annual report and periodic documentation) are available on request from Ossiam and on the website ossiam.com .

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Ossiam reserves the right formally to notify the user and/or take legal action if its interests or those of third parties are damaged by violation of the above rules, or in any other way.

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