Amundi EUR Stoxx 50 Daily -1x ETF

Amundi EUR Stoxx 50 Daily -1x ETF is an exchange-traded fund that provides inverse daily exposure to the EURO STOXX 50 Index, which tracks the performance of 50 leading blue-chip companies across the Eurozone's major economic sectors. This UCITS-compliant ETF aims to deliver the opposite of the index's daily return, making it a tool for investors seeking to benefit from short-term declines in the broader European large-cap equity market. It employs synthetic replication through unfunded swaps to achieve its objective, with dividends accumulated and reinvested rather than distributed. Domiciled in France and managed by Amundi Asset Management, the ETF focuses exclusively on the equity markets of the Eurozone, targeting large-cap stocks via derivative instruments such as swap agreements. Launched in 2007, Amundi EUR Stoxx 50 Daily -1x ETF serves a strategic role in portfolio hedging and tactical short strategies within the European financial markets, offering unhedged currency exposure in euros.