LYXOR UK GOVERNMENT BOND 0-5Y (DR) UCITS ETF DIST

The investment objective of is to reflect the performance of the FTSE Actuaries UK Conventional Gilts Up To 5 Years index (hereinafter the “Benchmark Index”) denominated in GBP and representative of UK government bonds (“Gilts”) with remaining maturities up to 5 years - while minimising the volatility of the difference between the return of the Sub-Fund and the return of the Benchmark Index (the “Tracking Error”). For monthly hedged share classes, the Sub-Fund will also use a monthly currency-hedge strategy, in order to minimize the impact of the evolution of each respective share class currency against currencies of each Index component. The anticipated level of the tracking error under normal market conditions is expected to be up to 0.10%.