Amundi ShortDAX Daily (-2x) Inv. UE Acc/  FR0010869495  /

Fonds
NAV2024-04-22 Chg.-0.0128 Type of yield Investment Focus Investment company
0.9793EUR -1.29% reinvestment Special Type ETF Special Amundi Asset Mgmt. 

Investment strategy

The objective of the Fund's management is to be inversely exposed with a daily rebalancing to the German stock market by replicating, both upwards and downwards, the development of the ShortDAX x2 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 DAX index (gross dividends reinvested) (the "Parent Index"), the man German stock exchange index, 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, 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 German stock market by replicating, both upwards and downwards, the development of the ShortDAX x2 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 DAX index (gross dividends reinvested) (the "Parent Index"), the man German stock exchange index, 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
Country: Germany
Branch: ETF Special
Benchmark: SHORTDAX X2 INDEX
Business year start: 11-01
Last Distribution: -
Depository bank: Societe Generale
Fund domicile: France
Distribution permission: Germany, Switzerland
Fund manager: -
Fund volume: 61 mill.  EUR
Launch date: 2010-04-09
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

Germany
 
99.99%
Others
 
0.01%

Currencies

Euro
 
99.34%
US Dollar
 
0.65%
Others
 
0.01%