Amundi German Bund Daily (-2x) Inverse UCITS ETF Acc (DSB.PA)

The Amundi German Bund Daily (-2x) Inverse UCITS ETF Acc is a UCITS-compliant exchange-traded fund designed to track the performance of the Solactive Bund Daily (-2x) Inverse Index. This index's strategy aims to produce financial results equivalent to a daily short position with 2x leverage on 10-Year German Government bonds. A key benefit is its ability to avoid the costs associated with using cash instruments, namely borrowing expenses and twice the daily bid-ask spreads. The index achieves this by combining a long position in a daily overnight investment at the EONIA rate with a double short position in Bund Futures, rebalancing the notional values of both investments on a daily basis. Consistent with Amundi's ETF offerings, this fund provides efficient,…