Strategy of Amundi ETF Leveraged MSCI USA Daily UCITS ETF EUR
Investment strategy
The MSCI USA Leverage index tracks the two times leveraged performance of MSCI USA on a daily basis. The MSCI USA index tracks around 600 leading stocks on the US market.
Description of Amundi ETF Leveraged MSCI USA Daily UCITS ETF EUR
The Amundi ETF Leveraged MSCI USA Daily UCITS ETF EUR tracks the leveraged development of the index.
The total expense ratio amounts to 0.35% p.a..
The fund replicates the performance of the underlying index synthetically with a swap.
The Amundi ETF Leveraged MSCI USA Daily UCITS ETF EUR is a small ETF with 64m Euro assets under management.
The ETF is older than 5 years
and is domiciled in France.
— All quotes are 15 minutes delayed stock exchange quotes or NAVs (=daily published by fund provider). Quotes and reference data provided by Xignite, Inc., etfinfo and justETF GmbH. Returns include dividend payments. There is no warranty for completeness, accuracy and correctness for the displayed information.