Amundi CAC 40 Daily (-2x) Inverse UCITS ETF is an exchange traded fund launched and managed by Amundi Asset Management SAS. It invests in the public equity markets of France. The fund takes short positions and uses derivatives such as swap agreements to invest in the stocks of companies operating across diversified sectors. It invests in the stocks of large-cap companies. The fund seeks to replicate the performance of the CAC 40 Double Short GR Strategy Index, by employing synthetic replication methodology. The index seeks to track twice the inverse of the daily performance of the CAC 40 Gross Total Return Index. Amundi CAC 40 Daily (-2x) Inverse UCITS ETF was formed on December 22, 2006 and is domiciled in France.