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Equity
AMUNDI ETF LEVERAGED MSCI USA DAILY UCITS ETF - EUR
TER (bps):
50
AUM (USD m):
510
ISIN:
FR0010755611
Domicile:
France
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
United States
As of:
25 Apr 2024
Climate Fund:
No
Benchmark
The MSCI USA Leveraged 2x Daily Strategy Index tracks the performance of a strategy which consists in doubling exposure to the MSCI USA Index. It accordingly offers double exposure to the upward and downward trends experienced by the MSCI USA index. In this respect, if the MSCI USA index rises by 1%, the Fund’s NAV will rise by 2% minor borrowing costs, and conversely if the index falls by 1% the Fund’s NAV will fall by 2% plus borrowing costs. The equities in the MSCI USA Index are leading securities traded on the US market. The leverage is daily. The performance of the leveraged index over a period longer than 1 day can therefore differ by 2 times the performance of the no-leverage index over the same period.
PERFORMANCE
