The investment objective of the MULTI
UNITS LUXEMBOURG â Lyxor Nasdaq100
UCITS ETF (the âSub-Fundâ) is to track
both the upward and the downward
evolution of the NASDAQ-100 Notional Net
Total Return index (the âIndexâ)
denominated in US Dollars and
representative of 100 of the largest US and
international non-financial companies, while
minimizing the volatility of the difference
between the return of the Sub-Fund and the
return of the Index (the âTracking Errorâ).
The anticipated Tracking Error, under
normal market conditions, is 0.50%