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

Amundi CAC 40 Daily (-1x) Inverse ETF is designed to move in the opposite direction of France’s main stock index, the CAC 40, on a daily basis. To achieve this, the fund primarily uses financial derivatives such as over-the-counter swaps that inversely track the daily performance of the CAC 40. This means that if the CAC 40 goes up each day, the fund’s value goes down by the same amount, and vice versa. The portfolio is regularly adjusted every day to maintain this inverse relationship, aiming to provide investors with returns that mirror the opposite daily movements of the French equity market.