Amundi German Bund Daily (-2x) Inverse UCITS ETF Acc
ETF
ISIN FR0010869578 / Valor 1118774
NAV (2024-11-12)
EUR 40.56+0.34%
Amundi German Bund Daily (-2x) Inverse UCITS ETF Acc
UMushroom community rating:
0.00
0 votes
No rating yet
NegativeNeutralPositive
General Objective
The fund aims to obtain an inverse exposure with a x2 daily leverage to the daily performance of the market for German government bonds with residual maturities ranging from 8.5 to 10.5 years, by replicating the change in the EUR-denominated Solactive Bund Daily (-2x) Inverse Index.
Fund Exposure
The fund achieves its objective through indirect replication using over-the-counter total return swaps, investing in a diversified portfolio of eurozone debt securities. The performance of these securities is swapped for that of the Benchmark Index through financial derivative instruments.
Risks
The fund is exposed to credit risk, counterparty risk, and risks related to the use of derivative instruments. These risks may lead to a decline in the net asset value of the fund and reduce the potential growth of investments. Investors should be aware of the potential impact on their portfolio.