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* As at 31/10/2014 - Source: Amundi ETF comparing the average asset-weighted Total Expense Ratios (TERs) of all Funds versus that of all European ETFs (incl. the Funds) as stated in Deutsche Bank’s Europe Monthly ETF Market Review of 31/10/2014. Important: some individual Funds may not be cheaper than their European peers or may not have an equivalent European peer group to compare with and vice-versa. The TER corresponds to the ongoing charges disclosed in the key investor information document. Analysis excludes third party commissions/costs incurred directly by investors when trading.

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