Amundi FTSE MIB Daily (-2x) Inverse UCITS ETF Acc

Amundi FTSE MIB Dly -2x Invrs XBear ETF is designed to move in the opposite direction of Italy’s top 40 companies listed on the FTSE MIB index by using a strategy that short sells these major stocks with twice the leverage each day. This means that if the Italian equity market goes up, the ETF aims to decrease in value by double that amount, and if the market falls, the ETF seeks to increase in value twice as much. The fund actively manages its positions daily to maintain this inverse and leveraged exposure to the leading Italian firms.