Amundi German Bund Daily (-1x) Inverse UCITS ETF
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General Objective
The objective of this fund is to track the performance of the Solactive Bund Daily (-1x) Inverse Index and minimize the tracking error between the net asset value of the fund and the performance of the index, with a target tracking error not exceeding 1%.
Fund Exposure
The fund is primarily exposed to bond assets in Germany, with a benchmark index currency in EUR. The fund's exposure includes a breakdown by maturity, rating, issuer, and country, focusing on financials and industrials in Germany and sovereign entities in the EMU.
Risks
The fund carries risks associated with market movements and tracking error, which may result in losses for investors. The risk indicator provided is a guide to the level of risk compared to other products, with a focus on potential losses due to market fluctuations or inability to pay.