Amundi IBEX 35 Doble Inverso Diario (-2x) UCITS ETF

The Sub-fund is a passively managed index-based UCITS. The Fund's objective is to be inversely exposed with a daily rebalancing to the Spanish stock market by replicating, both upwards and downwards, the performance of the Ibex 35 Doble Inverso Total Return strategy index (gross dividends reinvested) (the 'Benchmark'), denominated in euro (EUR) and which is a short selling strategy (with a daily -2x leverage effect), with daily rebalancing, on the Ibex 35 index (gross dividends reinvested) (the 'Parent Index'), the main Spanish stock exchange index, while keeping the tracking error between the performances of the Fund and that of the Benchmark to a minimum. The expected level of the Tracking Error under normal market conditions is indicated in the Fund prospectus. Over a period of one working day, any appreciation in the value of the Parent Index shall lead to stronger depreciation of the net asset value of the Fund, meaning that investors will therefore not benefit from the appreciation in the value of the Parent Index. However, for a period greater than one working day, due to the daily leverage readjustment conducted in the Benchmark, the performance of the Fund will not be equal to the inverse of the performance of the Parent Index and may even follow an identical (i.e. not inverse) development. The Bolsa Madrid website (http://www.bolsamadrid.es/ing/aspx/Indices/Resumen.aspx) provides more detailed information about the Bolsa Madrid indices. The Fund aims to achieve its objective by means of indirect replication, namely by entering into one or more OTC swaps (financial futures instruments, 'FFIs'). The Fund may invest in a diversified portfolio of international shares whose performance will be exchanged against that of the Benchmark through FFIs. The updated composition of the portfolio of securities held by the Fund is mentioned on the website amundietf.com. In addition, the indicative net asset value appears on the Fund's Reuters and Bloomberg pages and may

Unfunded Swap Model (physical assets + swap 0%)

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No