Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF Acc (LSK8.DE) XETRA
0.44
-0.0104(-2.31%)
Currency In EUR
- General
- Statistics
- Historical Data
- Profile
- Financials
0.44
-0.0104(-2.31%)
Currency In EUR
Address
91-93 Boulevard Pasteur
Paris, 75015
France
Phone
33-1-7633-3030
Sector
Financial Services
Industry
Asset Management - Leveraged
Employees
N/A
First IPO Date
November 13, 2009
The Amundi EURO STOXX 50 Daily (-2x) Inverse UCITS ETF Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index EURO STOXX 50 Double Short Index.The EURO STOXX 50 Double Short Index is linked to the performance of the EURO STOXX 50 Index in an inverse way - a positive development of the EURO STOXX 50 Index will result in a negative change with a leveraged ratio of 2 in the EURO STOXX 50 Double Short Index and vice versa.I.e. if the underlying EURO STOXX 50 Index is down 2%, the EURO STOXX 50 Double Short index is up 4% and vice versa, plus interest (EONIA: for daily calculation - EURIBOR: for monthly calculation) earned on the investment. The index includes the cost of borrowing on a monthly basis.Amundi ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.