Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF Acc

What this fund is

Amundi EURO STOXX 50 Daily (-1x) Inverse UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker BSXP (ISIN FR0010424135). One trade buys a whole basket of holdings, so your money is spread out instead of riding on a single company. In plain terms 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, spread across its target market. Rather than a manager picking stocks, it simply replicates the EURO STOXX 50 Short Return Index index — the passive, low-cost approach, and its largest holdings include ASML HOLDING NV, SIEMENS AG-REG and BANCO SANTANDER SA MADRID. Geographically it leans ~32.5% France, ~29.3% Germany and ~14.1% Netherlands.

Its heaviest sectors are ~27.2% Financials and ~22.2% Industrials. Investors often use a broad fund like this as a long-term 'core' holding — a single building block that covers much of a global portfolio in one trade. Its ongoing charge (TER) is 0.4% a year — about €40 a year on a €10,000 holding, taken automatically from the fund. It is an accumulating share class: dividends are rolled straight back in, compounding your returns rather than landing in your account as cash. 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 16% over the past year — a gauge of how much the value moves, not a judgement of quality. It launched in 2018. Like any investment, it can lose value as well as gain, and what it did before does not predict what it will do next. (Fund data sourced from Amundi.)