Amundi CAC 40 Daily (2x) Leveraged UCITS ETF Acc (LVC)

Profile

https://oci-global.com

Amundi CAC 40 Daily (2x) Leveraged UCITS ETF Acc is a leveraged exchange-traded fund designed to deliver twice the daily performance of the CAC 40 Gross Return Index, which comprises the 40 largest French companies by market capitalization across diversified sectors. Launched in 2008 and domiciled in France, this UCITS-compliant ETF employs synthetic replication through derivatives like swap agreements to achieve its leveraged exposure, targeting large-cap equities in the French public markets. With a fund size of approximately 220-236 million euros and a total expense ratio of 0.40% per annum, it operates on an accumulating basis, reinvesting dividends to potentially enhance share price growth rather than distributing payouts. The ETF tracks the CAC 40 Leverage (2x) Gross Return Strategy Index, amplifying both gains and losses on a daily basis, which underscores its strategy risk profile. This instrument plays a key role in providing investors with magnified access to French equity market movements, facilitating tactical positioning within European portfolios focused on benchmark indices.