Euronext lists leveraged ETF


Euronext Paris has listed its first leveraged ETF based on a US equity index. The product, based on the Nasdaq-100 Index, is structured by Societe Generale Asset Management (SGAM), a subsidiary of the Societe Generale Group.

SGAM launched the first structured ETFs in October 2005, which were based on the CAC40 Index, and these were followed by a second series linked to the FTSEurofirst 80 index.

"We are now extending our product range with a new ETF based on a US index with a reputation for

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