Description

The Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF Acc is a UCITS-compliant exchange-traded fund designed to replicate the performance of its reference index, the EURO STOXX 50 Double Short Index. This benchmark index offers leveraged inverse exposure (2x) to the EURO STOXX 50 Index. Consequently, a 2% decline in the EURO STOXX 50 Index would typically lead to an approximate 4% increase in the Double Short Index, and vice versa. The index calculation also integrates interest earnings, using EONIA for daily figures and EURIBOR for monthly, and factors in monthly borrowing costs. Amundi ETFs are recognized for being efficient, transparent, and highly liquid investment vehicles listed on exchanges, providing economical access to their underlying indices.