Amundi Multi-Asset Portfolio UCITS ETF Dist fund of funds combines the advantages of passive, low-cost and easily tradable ETFs with the benefits of a broadly diversified fund of funds. The aim of this multi-asset strategy is to achieve continuous value growth through broad diversification across different asset classes, geographical regions, sectors and currencies. Due to the Portfolio ETF's investment in various ETFs and the resulting underlying diversification across a large number of securities, a strong diversification of the investment results. The Portfolio ETF follows fixed allocation rules and is not actively controlled by market assessments. In simplified terms, the composition of the ETF corresponds to a breakdown into 60 percent equities, 30 percent bonds and 10 percent commodities. While the globally diversified equity component reflects the performance of several hundred companies, the bond component focuses on the countries or regions of Germany, Europe and the USA. Furthermore, the commodities component covers the commodity groups of precious and industrial metals as well as the energy sector. As part of the rebalancing process, the allocation is adjusted to the original weighting once a year in the spring.