Amundi Nasdaq-100 Daily (2x) Leveraged UCITS ETF Acc

What this fund is

Amundi Nasdaq-100 Daily (2x) Leveraged UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker LQQ (ISIN FR0010342592). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. At its core it is a focused, thematic fund: it concentrates on the information technology part of the market, so it lives or dies by that one area rather than the economy as a whole. Underneath, it is about owning small slices of companies, so you share in their growth when they do well — and their falls when they don't. It follows the Nasdaq 100 Leveraged Notional Net Total Return Index index (passive investing): it tracks the market rather than relying on a manager, keeping running costs down, and its largest holdings include NVIDIA CORP, APPLE INC and MICRON TECHNOLOGY INC.

By geography it is weighted towards ~94.5% United States, ~1.9% Ireland and ~1.5% Netherlands. By industry it concentrates most in ~59.2% Information Technology and ~12.8% Communication Services. A focused fund like this is typically held as a smaller 'satellite' position around a broader core — a way to lean into one theme, not usually a portfolio's only holding. Its ongoing charge (TER) is 0.6% a year — about €60 a year on a €10,000 holding, taken automatically from the fund. Income such as dividends is automatically reinvested inside the fund (an accumulating share class), so returns compound without you doing anything.

It tracks its index through a swap agreement rather than owning every holding (synthetic replication); it is domiciled in France and UCITS-regulated, a European standard built to protect everyday investors and trades in EUR. Its price has swung about 33.5% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2018. As with any investment, its value can go down as well as up, and past performance is not a guide to future results. (Fund data sourced from Amundi.)