Description

Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF Acc seeks to be inversely exposed with a daily rebalancing to the European stock market by replicating, both upwards and downwards, the development of the EURO STOXX 50 Daily Short strategy index (gross dividends reinvested) (the "Benchmark Index"), denominated in euro (EUR) ) and which is a short selling strategy (with a daily -1x leverage effect), with daily rebalancing, on the EURO STOXX 50 Total Return index (gross dividends reinvested) (the "Parent Index") while keeping the tracking error (the "Tracking Error") between the performances of the Fund and those of the Benchmark Index to a minimum. For further information on index rules, please refer to the fund prospectus or KID.