The Amundi MSCI Emerging Markets Swap II UCITS ETF USD Acc is structured to replicate, with the highest possible fidelity, the investment performance of the MSCI Emerging Markets Net Total Return USD Index. This objective holds true irrespective of whether market trends are positive or negative. A key goal of the ETF is to minimize the "tracking error"—the variance between the fund's net asset value and the index's performance.