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Investment Banking & Investment Services
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ETF
Multi Units France - Lyxor BTP Daily (-2X) Inverse UCITS ETF is an exchange traded fund launched and managed by Amundi Asset Management SAS. It invests in the fixed income markets of Italy. The fund takes short positions and uses derivatives such as swaps and futures to invest in the Euro denominated, fixed-rate sovereign bonds with a maturity of less than 16 years. It seeks to replicate the performance of the SGI Daily Double Short BTP Index, by employing synthetic replication methodology. The index seeks to track twice the inverse of the daily performance of the Long-Term Euros-BTP futures. The fund was formerly known as Multi Units France - Lyxor ETF Daily Double Short BTP. Multi Units France - Lyxor UCITS ETF Daily Double Short BTP was formed on April 12, 2011 and is domiciled in France.
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