The fund is a "fund of funds." It seeks to achieve its investment objectives by investing in other funds and using asset allocation strategies to allocate its assets among the underlying funds. It invests in underlying funds managed by Amundi Asset Management US, Inc.(“Amundi US”) or one of its affiliates. The fund allocates its assets among underlying funds with exposure to the broad asset classes of equity, fixed income and short-term (money market) investments. It is non-diversified.