Société Générale Asset Management launches three ETFs on Borsa Italiana

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

These ETFs are targeted at institutional investors who do not want to use futures to establish a be

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