MUL - Lyxor MSCI Thailand UCITS - Acc 

The investment objective of the MULTIUNITS LUXEMBOURG ? Lyxor MSCIThailand UCITS ETF (the ?Sub-Fund?) is totrack both the upward and the downwardevolution of the MSCI Thailand Net TotalReturn Index (the ?Index?) denominated inUS Dollars, and representative of the Thaiequity market, while minimizing the volatilityof the difference between the return of theSub-Fund and the return of the Index (the?Tracking Error?).