Amundi FTSE MIB Daily(-2x)Inv.UE A.
FR0010446666
Amundi FTSE MIB Daily(-2x)Inv.UE A./ FR0010446666 /
NAV2024-08-22 |
Chg.+0.0002 |
Type of yield |
Investment Focus |
Investment company |
0.4449EUR |
+0.05% |
reinvestment |
Special Type
ETF Special
|
Amundi AM (FR) ▶ |
Investment strategy
The objective of the Fund's management is to be inversely exposed with a daily rebalancing to the Italian stock market by replicating, both upwards and downwards, the development of the FTSE MIB Daily Super Short Strategy RT Gross TR strategy index (gross dividends reinvested) (the "Benchmark Index"), denominated in euro (EUR) and which is a short selling strategy (with a daily -2x leverage effect), with daily rebalancing, on the FTSE MIB® index (net dividends reinvested) (the "Parent Index"), by measuring the development of the 40 largest assets listed on the Borsa Italiana while keeping the tracking error (the "Tracking Error") between the performances of the Fund and those of the Benchmark Index to a minimum.
The Fund aims to achieve its objective by means of indirect replication, y namely by entering into one or more OTC swaps (financial futures instruments, "FFIs"). The Fund may invest in a diversified portfolio of international shares whose performance will be exchanged against that of the Benchmark Index through FFIs.
Investment goal
The objective of the Fund's management is to be inversely exposed with a daily rebalancing to the Italian stock market by replicating, both upwards and downwards, the development of the FTSE MIB Daily Super Short Strategy RT Gross TR strategy index (gross dividends reinvested) (the "Benchmark Index"), denominated in euro (EUR) and which is a short selling strategy (with a daily -2x leverage effect), with daily rebalancing, on the FTSE MIB® index (net dividends reinvested) (the "Parent Index"), by measuring the development of the 40 largest assets listed on the Borsa Italiana while keeping the tracking error (the "Tracking Error") between the performances of the Fund and those of the Benchmark Index to a minimum.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Special Type |
Country: |
Italy |
Branch: |
ETF Special |
Benchmark: |
FTSE MIB Super Short Strategy RT Gross TR Index |
Business year start: |
11-01 |
Last Distribution: |
- |
Depository bank: |
Société Générale |
Fund domicile: |
France |
Distribution permission: |
Austria, Germany |
Fund manager: |
- |
Fund volume: |
54 mill.
EUR
|
Launch date: |
2018-09-05 |
Investment focus: |
- |
Conditions
Issue surcharge: |
5.00% |
Max. Administration Fee: |
0.60% |
Minimum investment: |
1.00 EUR |
Deposit fees: |
- |
Redemption charge: |
5.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
Amundi AM (FR) |
Address: |
90 boulevard Pasteur, 75015, Paris |
Country: |
France |
Internet: |
www.amundi.fr/
|
Countries
Italy |
|
99.99% |
Others |
|
0.01% |