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

The Amundi Euro Stoxx 50 Dly -2x Inverse ETF is designed to deliver twice the opposite daily performance of the EURO STOXX 50 index, which includes the 50 leading companies in the eurozone. To achieve this, the fund primarily uses financial derivatives such as futures contracts and swap agreements to short these top European stocks. By doing so, it aims to increase in value when the EURO STOXX 50 index falls, and decrease when the index rises, effectively allowing investors to bet against the performance of major European equities on a daily basis.