Amundi SMI Daily (-2x) Inverse UCITS ETF Acc header image

Amundi SMI Daily (-2x) Inverse UCITS ETF Acc

ETF

ISIN FR0010869438 / Valor 11202645

NAV (2024-10-30)
CHF 2.08+2.20%

Amundi SMI Daily (-2x) Inverse UCITS ETF Acc
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General Objective

The fund aims to track the benchmark index SMI Daily Short Leverage, reflecting twice the inverse daily performance of the SMI, which comprises the 20 largest and most liquid stocks in the Swiss equity market.

Fund Exposure

The fund is exposed to equity assets and aims to provide inverse exposure to the Swiss equity market through the SMI Daily Short Leverage index. The fund's exposure is characterized by a replication type of synthetical and a benchmark of 100% SMI DAILY SHORT LEVERAGE INDEX.

Risks

Investors in this fund are exposed to risks such as replication risk, counterparty risk with Morgan Stanley Bank AG and Societe Generale, underlying risk due to complex and volatile underlying indexes, currency risk, and liquidity risk. Additionally, the fund's performance is subject to market fluctuations and may not guarantee future returns.

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Source

https://www.amundietf.de/de/professionell/products/equity/amundi-smi-daily-2x-inverse-ucits-etf-acc/fr0010869438

Tags:
swiss equities inverse smi daily short leverage smi swiss market index

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