Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc (LYMZ.DE) XETRA

Currency In EUR

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Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc

Sector

Financial Services

Industry

Asset Management - Leveraged

Employees

N/A

First IPO Date

September 05, 2018

Key Executives

N/A
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Description

The Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc is a UCITS-regulated exchange-traded fund designed to provide magnified daily exposure to the EURO STOXX 50 Index. Its objective is to replicate the performance of the EURO STOXX 50 Daily Leverage Index, which aims to deliver twice the daily movement, whether positive or negative, of its underlying EURO STOXX 50 benchmark. For instance, a 2% advance in the EURO STOXX 50 Index would typically result in a 4% gain for the leveraged index, with losses amplified in a similar fashion. These leveraged returns are calculated after deducting cash financing expenses, such as EONIA. Like all Amundi ETFs, this fund is publicly traded on exchanges, ensuring transparency, robust liquidity, and an economical pathway for investors to access its benchmark.

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