SGAM AI debuts ETF based on Dow Jones Eurostoxx 50

News

SGAM Alternative Investments (SGAM AI), a wholly owned subsidiary of Societe Generale Asset Management, has launched its latest structured exchange-traded fund (ETF). The product, which is listed on Euronext, is designed to replicate up to 200% of the gains and losses of the Dow Jones Eurostoxx 50 index.

The Ucits-III compliant fund is the first leveraged ETF based on the DJ Eurostoxx index, according to SGAM AI. Similar products have been launched based on the Cac-40 Index and the Nasdaq 100

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