Key stats
About MULTI UNITS LUXEMBOURG SICAV - AMUNDI LEVDAX DAILY (2X) LEVERAGED
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Inception date
Jul 2, 2022
Structure
Luxembourg SICAV
Replication method
Synthetic
Dividend treatment
Distributes
Primary advisor
Amundi Asset Management SASU
ISIN
LU2090062600
The investment objective of MULTI UNITS LUXEMBOURG - Amundi LevDax Daily (2x) leveraged is to track both the upward and the downward evolution of the LevDAX.
Related funds
Classification
What's in the fund
Exposure type
Electronic Technology
Finance
Technology Services
Producer Manufacturing
Stock breakdown by region
Top 10 holdings
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LVDX assets under management is 16.69 M EUR. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LVDX invests in stocks. See more details in our Analysis section.
LVDX expense ratio is 0.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, LVDX is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, LVDX pays dividends to its holders with the dividend yield of 6.04%.
LVDX shares are issued by SAS Rue la Boétie
LVDX follows the LevDAX x2 Gross Total Return Index - EUR. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 2, 2022.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.