1. Overview: This UCITS ETF aims to replicate the performance of an iBoxx MSCI ESG index composed of euro?denominated European corporate floating rate notes. It offers exposure to investment?grade floating rate notes (FRNs) issued by corporates from developed markets, with an income accumulation policy.

2. Benefits: FRN structure reduces sensitivity to changes in fixed rates, targeted exposure to investment?grade corporate credit and integrated ESG screening (sector exclusions and a minimum issuer ESG rating requirement). Index replication facilitates sector diversification and passive management, while UCITS status provides a European regulatory framework.

3. Risks: Credit risk related to corporate issuers and spread risk in periods of market stress. FRNs may deliver lower yields in low?rate environments and can present liquidity risk depending on underlying securities. ESG selection narrows the investable universe and may impact relative performance. Typical volatility of the corporate bond asset class applies.

4. Investor profile: Suitable for investors seeking euro exposure to floating?rate corporate bonds with an ESG filter who wish to reinvest income. Appropriate for a medium?term horizon, moderate risk tolerance and interest in passive, UCITS?compliant management.