Amundi Nasdaq-100 Daily (-1x) Inverse UCITS ETF Acc

What this fund is

Amundi Nasdaq-100 Daily (-1x) Inverse UCITS ETF Acc is an exchange-traded fund (ETF) from Amundi, traded under the ticker DSP5 (ISIN LU1327051279). It lets you buy a basket of holdings in a single trade, spreading your money across them rather than one 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. Rather than a manager picking stocks, it simply replicates the NASDAQ-100 1x Short Total Return Index index — the passive, low-cost approach, 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 Luxembourg and UCITS-regulated, a European standard built to protect everyday investors and trades in USD. Its price has swung about 15.8% over the past year, which describes how much its price tends to move rather than whether it is good. It launched in 2015. 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.)