Amundi ShortDAX Daily (-2x) Inverse UCITS ETF Acc (LYQL.DE) XETRA
0.50
-0.0046(-0.92%)
Currency In EUR
- General
- Statistics
- Historical Data
- Profile
- Financials
0.50
-0.0046(-0.92%)
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
June 17, 2010
The Amundi ShortDAX Daily (-2x) Inverse UCITS ETF Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index SHORTDAX X2 INDEX.The SHORTDAX X2 INDEX is linked to the performance of the DAX Index in an inverse way - a positive development of the SHORTDAX X2 INDEX will result in a negative change with a leveraged ratio of 2 and vice versa. In addition to double inverse DAX performance, the index also contains interest payments resulting from the investment strategy in three times the amount of the overnight rate. Interest accrues in the same amount for the investment volume as well as for the funds received from short-selling. SHORTDAX X2 INDEX is therefore an attractive investment not only in falling but also in sideways markets and periods where market trends are unclear.Amundi ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.