Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc (LVE.PA)
Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc (LVE.PA)
Company overview
This Amundi Exchange Traded Fund (ETF), adhering to UCITS regulations, is designed to mirror the daily performance of its reference index, the EURO STOXX 50 Daily Leverage Index. This underlying index is structured to provide twice the daily returns, positive or negative, of the main EURO STOXX 50 Index. For example, if the EURO STOXX 50 Index rises by 2% in a day, this leveraged index would aim for a 4% increase, and vice versa, subtracting any associated cash borrowing costs (EONIA). Like other Amundi ETFs, this investment vehicle offers a transparent, liquid, and economical way for investors to gain exposure to its designated benchmark.
No price history available.
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Amundi EURO STOXX 50 Daily (2x) Leveraged UCITS ETF Acc (LVE.PA)
No price history available.
This Amundi Exchange Traded Fund (ETF), adhering to UCITS regulations, is designed to mirror the daily performance of its reference index, the EURO STOXX 50 Daily Leverage Index. This underlying index is structured to provide twice the daily returns, positive or negative, of the main EURO STOXX 50 Index. For example, if the EURO STOXX 50 Index rises by 2% in a day, this leveraged index would aim for a 4% increase, and vice versa, subtracting any associated cash borrowing costs (EONIA). Like other Amundi ETFs, this investment vehicle offers a transparent, liquid, and economical way for investors to gain exposure to its designated benchmark.
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