Description

The Amundi S&P 500 VIX Futures Enhanced Roll UCITS ETF - Acc is a UCITS-compliant exchange-traded fund aiming to replicate the performance of the S&P 500 VIX Futures Roll Enhanced TR benchmark index. This index implements a dynamic strategy, alternating between short-term and mid-term VIX futures portfolios to offer cost-effective exposure to broad equity market volatility. The short-term VIX futures segment is based on the S&P 500 VIX Short-Term Futures Index, while the mid-term portion involves a daily rolling position in VIX futures contracts from the third, fourth, and fifth months. Although portfolio allocations are reviewed daily, actual changes may occur less frequently. Further details on the index's construction can be found at www.standardandpoors.com. Like other Amundi ETFs, this fund is an efficient, transparent, and liquid investment vehicle listed on an exchange, providing low-cost access to its underlying benchmark.