Amundi IBEX 35 Doble Apalancado Diario (2x) UCITS ETF Acc

The fund is a passively managed index-tracking fund with the objective of obtaining exposure to the Spanish equities market by reproducing the change in the Ibex 35® Doble Apalancado Neto strategy index, with a daily rebalancing and a x2 daily leverage strategy.

The fund achieves its objective through indirect replication using over-the-counter swaps, investing in a diversified portfolio of international equities. The performance of these equities is swapped for that of the benchmark index through financial derivative instruments.

The fund is exposed to counterparty risk, where the insolvency or default of any counterparty may result in a significant decline in the net asset value of the fund. Additionally, the use of derivative instruments by the fund involves risks such as leverage, high volatility, valuation, and liquidity risks, which may decrease the net asset value of the portfolio.

https://www.amundietf.be/en/professional/products/equity/amundi-ibex-35-doble-apalancado-diario-2x-ucits-etf-acc/fr0011042753