Overview
Description
The Amundi Nasdaq 100 Daily Leveraged UCITS ETF is a type of exchange-traded fund designed to provide investors with amplified exposure to the Nasdaq 100 Index. This ETF utilizes leverage to achieve a daily return that is a multiple of the Nasdaq 100's performance. Such a feature makes it a strategic tool for investors seeking to capitalize on short-term movements in one of the world's most prominent technology and innovation-heavy indices.
The fund primarily focuses on sectors including technology, telecommunications, and biotechnology, emphasizing companies that are at the forefront of technological advancement and market leadership. By implementing daily rebalancing and leveraging strategies, the ETF aims to magnify gains or losses based on the underlying index's performance, catering to investors with a high-risk tolerance and a short-term investment horizon.
The Amundi Nasdaq 100 Daily Leveraged UCITS ETF serves a pivotal role in the financial market by allowing sophisticated investors to hedge, speculate, or tailor their exposure to the tech-driven landscape of the Nasdaq 100, thus enhancing portfolio diversification and dynamic investment strategies.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Austria
MIC code
XWBO