Amundi CAC 40 Daily (-1x) Inverse UCITS ETF Acc header image

Amundi CAC 40 Daily (-1x) Inverse UCITS ETF Acc

ETF

ISIN FR0010591362 / Valor 430035

NAV (2024-10-31)
EUR 10.83+1.07%

Amundi CAC 40 Daily (-1x) Inverse UCITS ETF Acc
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General Objective

The Fund is a passively managed index-tracking UCITS with the objective of obtaining an inverse exposure to the French equities market by replicating the change in the EUR-denominated CAC 40® Short strategy index with a daily rebalancing.

Fund Exposure

The Fund achieves its objective through indirect replication using over-the-counter total return swaps, investing in a diversified portfolio of international equities. It aims to track the inverse performance of the CAC40® Index with a daily leverage effect, while minimising tracking error.

Risks

The Fund is exposed to counterparty risk, particularly in the case of financial derivative instruments, which may result in a significant decline in the net asset value. Additionally, the use of derivative instruments introduces risks such as leverage, high volatility, valuation, and liquidity risks, which may decrease the value of the portfolio.

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Source

https://www.amundietf.de/de/professionell/products/equity/amundi-cac-40-daily-1x-inverse-ucits-etf-acc/fr0010591362

Tags:
french equities cac 40 short strategy cac 40 short

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