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The AMUNDI US TREASURY BOND 0-1Y UCITS ETF SGD Hedged Acc is engineered to emulate, with the highest possible accuracy, the returns of the Bloomberg US Short Treasury hedged to SGD Index. Its objective is to achieve this performance alignment consistently, irrespective of broader market trends, whether upward or downward. A core aim is to minimize the fluctuation in the disparity between its own returns and those of the index, a metric known as "Tracking Error." The sub-fund generally targets a tracking error that will not typically surpass 1%.