The Fund is an index-tracking UCITS passively managed. The investment objective of the Fund is to track both the upward and the downward evolution of the Bloomberg Barclays MSCI US Corporate High Yield SRI Sustainable Index (the “Benchmark Index”) denominated in USD, while minimizing the volatility of the difference between the return of the Fund and the return of the Benchmark Index (the "Tracking Error”). The anticipated level of Tracking Error in normal market conditions is indicated in the prospectus. The Benchmark Index is representative of the performance of USD denominated high yield bonds issued by companies in developed markets meeting Environmental, Social and Governance (“ESG”) criteria, based on an ESG rating. The ESG rating methodology is based on ESG key issues including but not limited to water stress, carbon emissions, labor management or business ethics. The Benchmark Index uses a “Best-in-class” approach that permits the reduction by at least 20% of the Eligible Universe (expressed in number of issuers). Limits of the methodology of the Benchmark Index are described in the prospectus of the Fund through risk factors, such as the market risk linked to controversies and the risks linked to ESG methodologies and to ESG score computation. Additional information on the Benchmark Index may be found on the following website : https://www.bloomberg.com/professional/product/indices/bloomberg-barclays-indices/ In order to hedge EUR currency risk, the Fund uses a monthly hedging strategy which aims at reducing the impact of a change in the Fund currency against the currency of the Benchmark Index constituents. The Benchmark Index is a total return index. A total return index calculates the performance of the index constituents on the basis that any coupons or distributions are included in the index returns. The Fund seeks to achieve its objective via indirect replication by entering into an over-the-counter swap contract (financial derivative instrument, the “FDI”). The Fund may also invest in a diversified portfolio of debt securities, whose performance will be exchanged against the performance of the benchmark Index via the FDI. Updated composition of the Fund holdings is available on www.lyxoretf.com. In addition, the indicative net asset value is published on the Reuters and Bloomberg pages of the Fund, and might also be mentioned on the websites of the stock exchanges where the Fund is listed. The share currency is the Euro (EUR). Invested financial instruments: FDI, international bonds. Dividend policy: the Fund's amounts available for distribution (if any) will be distributed. Net Asset Value: is calculated daily provided that the relevant stock exchanges are open for trading and orders can be covered. Redemptions: investors are able to redeem their shares on the primary market every valuation day before 18:30 Luxembourg and sell their shares on the secondary market at any time during trading hours on the Fund listing places.