# Amundi German Bund Daily (-2x) Inverse UCITS ETF -Acc- (0MS7)

**Source:** https://fundology.uk/fund/0ms7 · ISIN FR0010869578 · Data: TradingView (LSE closes and returns, delayed), issuer documents, ONS CPIH, FCA FIRDS

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 30/09/2026, 0MS7 (Amundi German Bund Daily (-2x) Inverse UCITS ETF -Acc-, ISIN FR0010869578) closed at €48.75 on the London Stock Exchange. Its ongoing charge is 0.20% a year (about £20 on £10,000). Over the five years to 30/09/2026 its total return was +78.4%, or +39.5% after UK CPIH inflation.

## Summary

Amundi German Bund Daily (-2x) Inverse UCITS ETF -Acc- is an exchange-traded fund (ETF) from Amundi, launched in 2010. It aims to deliver a multiple, or the opposite, of one day’s move in what it tracks. The multiple resets daily, so over longer periods its return can differ a lot from the multiple of the index return. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.2% a year — about £20 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is reinvested inside the fund, so it shows up as a rising price rather than cash paid to you.

> **Leveraged & inverse:** Built for short-term trading. Because the multiple resets every day, losses can build up quickly when held for longer, even if the index ends up where it started.

Latest close: **€48.75** (30/09/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0MS7 |
| ISIN | FR0010869578 |
| Category | Leveraged & inverse |
| Type | ETF |
| Provider | Amundi |
| Tracks | Solactive Bund Daily (-2x) Inverse Index |
| Income | Accumulating |
| Ongoing charge | 0.20% a year (£20 per £10,000) |
| Fund size | £14.3m |
| Launched | 2010 |
| Domicile | France |

## Past returns (periods to 30/09/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after ONS CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | +11.64% | +8.14% | income reinvested |
| 3 years | +16.40% | +5.03% | income reinvested |
| 5 years | +78.43% | +39.48% | income reinvested |

Returns: TradingView (delayed data). Inflation: ONS CPIH, latest month published.

## Charges compared with similar funds

Ongoing charge of Amundi German Bund Daily (-2x) Inverse UCITS ETF -Acc- 0.20% a year, as of 01/10/2026: 216 of the 280 other leveraged and inverse products charge more, 0 the same and 64 less (share classes counted once).

## Charges & eligibility

- Ongoing charges figure (OCF): **0.20%** per year
- ISA eligible: yes
- SIPP eligible: yes

## Top holdings

Largest positions (as of 29/09/2026):

| Holding | Weight |
|---|---|
| GERMANY PPAL 0% 04Jul42 | 16.60% |
| SPAIN (KINGDO 1% 30Nov30 | 7.10% |
| REPUBLIC OF F 0.125% 15Apr36 | 6.59% |
| REPUBLIC OF I BTPS 3.25% 15Jul32 | 6.05% |
| NASDAQ INC 1.75% Mar29 | 3.51% |
| ROYAL BK CANA 0.125% Apr27 | 3.10% |
| BMW FINANCE N 0.375% Jan27 EMTN | 2.77% |
| CIE FIN FONCI 3% Feb33 EMTN | 2.62% |
| DANSKE KIINNI 0.01% Nov26 | 2.58% |
| EUROPEAN UNIO 2.875% 06Dec27 | 2.52% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions the source does not classify are shown as they come, not guessed.

### By sector

As published by Amundi, as of 29/09/2026.

| Sector | Weight |
|---|---|
| Government | 66.1% |
| Financials | 17.6% |
| Consumer Discretionary | 5.9% |
| Health Care | 4.3% |
| Industrials | 1.6% |
| Materials | 1.4% |
| Utilities | 1.4% |
| Energy | 1.0% |
| Other sectors | 0.7% |

### By country

As published by Amundi, as of 29/09/2026.

| Country | Weight |
|---|---|
| Germany | 25.5% |
| France | 23.2% |
| Spain | 10.2% |
| Finland | 9.1% |
| United States | 6.4% |
| Canada | 6.2% |
| Italy | 6.0% |
| Netherlands | 4.2% |
| Other countries | 9.1% |

All 55 holdings: https://fundology.uk/fund/0ms7/holdings

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.