Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF Acc
FR0010424143
Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF Acc/ FR0010424143 /
NAV2024-05-13 |
Chg.+0.0008 |
Type of yield |
Investment Focus |
Investment company |
0.7206EUR |
+0.11% |
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: |
11-01 |
Last Distribution: |
- |
Depository bank: |
SOCIETE GENERALE |
Fund domicile: |
France |
Distribution permission: |
Austria, Germany |
Fund manager: |
- |
Fund volume: |
67 mill.
EUR
|
Launch date: |
2007-04-03 |
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 |
|
40.96% |
Germany |
|
25.71% |
Netherlands |
|
14.83% |
Italy |
|
8.41% |
Spain |
|
7.15% |
Finland |
|
1.52% |
Belgium |
|
1.42% |