PortfolioMetrics

18MF

- Amundi ETF Leveraged MSCI USA Daily UCITS ETF EUR

Key Information

Earliest date2010-03-04
ExchangeXETR
Instrument TypeETF
MIC CodeXETR
CountryGermany

ETF Information

Fund ProviderAmundi
IndexMSCI USA Leverage (2x)
Expense Ratio0.5%
Inception Date2009-06-16
Asset ClassEquity
Other Symbols18MF, CL2
CurrencyEUR
Distribution PolicyAccumulating
ListingEU-listed
Non-leveragedLeveraged

About 18MF

The Amundi ETF Leveraged MSCI USA Daily UCITS ETF EUR is an exchange-traded fund that seeks to provide investors with a leveraged exposure to the US equity market. The fund tracks the MSCI USA Leverage (2x) index, which aims to deliver two times the daily performance of the MSCI USA index, comprising around 600 leading US stocks. With a total expense ratio of 0.50% per annum, the ETF uses a synthetic replication method with a swap to track the underlying index. The fund distributes dividends by accumulating and reinvesting them, and is domiciled in France.