SG Asset Management launches ETFs on Borsa Italiana


Societe Generale Asset Management Alternative Investments (SGAM AI) has launched three exchange-traded funds (ETFs) linked to the S&P/MIB index traded on Borsa Italiana.

The SGAM ETF Bear S&P MIB offers up to 100% reverse exposure to the S&P MIB Total Return Index and the SGAM ETF XBear S&P MIB offers up to 200% reverse exposure to the same index. Performance will be enhanced by a monetary market return, which can reach twice the Eonia (Euro Over Night Index Average) interest rate for the Bear

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