Amundi Italy BTP Daily-2x Inverse UCITS ETF Acc

The objective of the Fund is to be inversely exposed, with daily 2x leverage, to the Italian sovereign bond market with maturities of between 8.5 and 11 years, of which the Long-Term Euro-BTP futures contract is a representative indicator, by replicating, both upwards and downwards, the performance of the Solactive BTP Daily (-2x) Inverse index (the Benchmark Index), denominated in euros and which represents a short selling strategy with leverage of 2x against the Italian sovereign bond market, while minimising the tracking error between the Funds performance and that of the Benchmark Index as much as possible.