Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF Acc/  FR0010424143  /

Fonds
NAV5/29/2024 Chg.+0.0197 Type of yield Investment Focus Investment company
0.7505EUR +2.70% reinvestment Special Type Euroland Amundi Asset Mgmt. 

Investment strategy

The objective of the Fund's management is to be inversely exposed with a daily rebalancing to the European stock market by replicating, both upwards and downwards, the development of the EURO STOXX 50® Daily Double Short strategy index (gross dividends reinvested) (the "Benchmark Index"), denominated in euro (EUR) and which is a short selling strategy (with a daily -2x leverage effect), with daily rebalancing, on the EURO STOXX 50® Total Return index (gross dividends reinvested) (the "Parent Index"), representative of the 50 largest assets belonging to euro zone member countries, with daily rebalancing, while keeping the tracking error (the "Tracking Error") between the performances of the Fund and those of the Benchmark Index to a minimum. The Fund aims to achieve its objective by means of indirect replication, y namely by entering into one or more OTC swaps (financial futures instruments, "FFIs"). The Fund may invest in a diversified portfolio of international shares whose performance will be exchanged against that of the Benchmark Index through FFIs.
 

Investment goal

The objective of the Fund's management is to be inversely exposed with a daily rebalancing to the European stock market by replicating, both upwards and downwards, the development of the EURO STOXX 50® Daily Double Short strategy index (gross dividends reinvested) (the "Benchmark Index"), denominated in euro (EUR) and which is a short selling strategy (with a daily -2x leverage effect), with daily rebalancing, on the EURO STOXX 50® Total Return index (gross dividends reinvested) (the "Parent Index"), representative of the 50 largest assets belonging to euro zone member countries, with daily rebalancing, while keeping the tracking error (the "Tracking Error") between the performances of the Fund and those of the Benchmark Index to a minimum.
 

Master data

Type of yield: reinvestment
Funds Category: Special Type
Region: Euroland
Branch: ETF Special
Benchmark: EURO STOXX 50 Double Short Index
Business year start: 11/1
Last Distribution: -
Depository bank: SOCIETE GENERALE
Fund domicile: France
Distribution permission: Austria, Germany
Fund manager: -
Fund volume: 67 mill.  EUR
Launch date: 4/3/2007
Investment focus: -

Conditions

Issue surcharge: 5.00%
Max. Administration Fee: 0.60%
Minimum investment: 1.00 EUR
Deposit fees: -
Redemption charge: 5.00%
Key Investor Information: Download (Print version)
 

Investment company

Funds company: Amundi Asset Mgmt.
Address: 90 boulevard Pasteur, 75015, Paris
Country: France
Internet: www.amundi.fr/
 

Countries

France
 
41.41%
Germany
 
25.61%
Netherlands
 
14.38%
Italy
 
8.36%
Spain
 
7.14%
Finland
 
1.64%
Belgium
 
1.46%

Currencies

Euro
 
100.00%