Lyxor US Curve Steepening 2-10 UCITS ETF - Acc
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc
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The Lyxor US Curve Steepening 2-10 UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the Solactive USD Daily (x7) Steepener 2-10 Index. The index tracks the investment performance of a systematic strategy whose returns are directly linked to changes in the US treasury yield curve. The index is constructed such that for a 1bp increase in the steepness of the curve, the index is expected to increase roughly 7bps, though market factors may cause some deviation. The index consists of two underlying components: a long position in the 2Y US Treasury Bond Futures and a short position in the 10Y US Treasury Ultra Bond Futures. Further index details and methodology may be found at www.solactive.com. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc
PERFORMANCE
Performance history
The figures relating to [past performances / simulated past performances / past performances and simulated past performances] refer or relate to past periods and are not a reliable indicator of future results. This also applies to historical market data.
| Product |
|---|
| Lyxor US Curve Steepening 2-10 UCITS ETF - Acc ETF |
| Solactive USD Daily (x7) Steepener 2-10 Index Benchmark Index |
| Product | 3Y | 5Y | 10Y | ALL |
|---|---|---|---|---|
| Lyxor US Curve Steepening 2-10 UCITS ETF - Acc ETF | - | - | - | -2,81% |
| Solactive USD Daily (x7) Steepener 2-10 Index Benchmark Index | - | - | - | -1,7% |
| Product | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|
| Lyxor US Curve Steepening 2-10 UCITS ETF - Acc ETF | -8,67% | - | - | - | - | - | - | - | - | - |
| Solactive USD Daily (x7) Steepener 2-10 Index Benchmark Index | -8,17% | - | - | - | - | - | - | - | - | - |
| Product |
From 04/10/2019
To 02/10/2020 |
From 04/10/2018
To 04/10/2019 |
From 04/10/2017
To 04/10/2018 |
From 04/10/2016
To 04/10/2017 |
|---|---|---|---|---|
| Lyxor US Curve Steepening 2-10 UCITS ETF - Acc ETF | -6,93% | - | - | - |
| Solactive USD Daily (x7) Steepener 2-10 Index Benchmark Index | -6,42% | - | - | - |
HOLDINGS
This ETF uses synthetic replication to track the performance of the index. As such, the holdings of the ETF may vary from that of the benchmark index.
| Name | Currency | Weight | Sector | Country |
|---|---|---|---|---|
| US 2YR NOTE (CBT) Dec21 | USD | 357,36% | Government | United States |
| US 10yr Ultra Fut Dec21 | USD | -79,22% | Government | United States |
| Name | Listing Currency | Quantity | Weight | Sector | Country |
|---|---|---|---|---|---|
| WIT 0 3/4 01/31/28 | USD | 346 389 | 21,78% | Communication Services | United States |
| WIT 1 1/4 05/31/28 | USD | 316 696 | 20,54% | Communication Services | United States |
| WIT 0 1/2 10/31/27 | USD | 290 306 | 18,06% | Communication Services | United States |
| T 2 3/8 11/15/49 | USD | 214 106 | 14,85% | Government | United States |
| T 3 3/8 11/15/48 | USD | 119 038 | 9,9% | Communication Services | United States |
| T 3 1/8 11/15/28 | USD | 50 485 | 3,71% | Communication Services | United States |
| T 2 7/8 05/15/28 | USD | 38 223 | 2,75% | Government | United States |
| WFC 0 10/31/23 | USD | 2 997 | 1,96% | Financials | United States |
| T 2 3/8 05/15/51 | USD | 23 396 | 1,63% | Communication Services | United States |
| WIT 1 1/8 04/30/28 | USD | 22 358 | 1,45% | Communication Services | United States |
| Swap Information | |
|---|---|
| Basket Adjustment | The basket is daily adjusted to the fund outstanding level. |
| Counterparty Risk Level | N/A |
| Swap Counterparty | Société Générale |
| Date | 04/10/2021 |
1 week moving average of counterparty risk level
Counterparty risk level at daily adjustment time
| Swap Price Component |
|---|
Although past performance is no indicator of future performance, you can get an estimation of the swap price component over the last 12 months by adding the TER to the realized Tracking Difference. the price of being long the index and short the basket of securities held by the ETF (ie. the spread applicable to the index performance provided by the swap counterparty) can be understood as the swap price component. The latter can be positive or negative, depending on the following factors: Read more
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc
| 1Y Tracking Difference | -0,57% |
| Total Expense Ratio | +0,3% |
| Swap price component estimation | =-0,27% |
| Name | Currency | Weight | Sector | Country |
|---|---|---|---|---|
| US 2YR NOTE (CBT) Dec21 | USD | 357,36% | Government | United States |
| US 10yr Ultra Fut Dec21 | USD | -79,22% | Government | United States |
Index Information
| Full Name | Solactive USD Daily (x7) Steepener 2-10 Index |
| Index Type | Performance |
| Index Bloomberg Ticker | SOUD7STT |
| Index Currency | USD |
| Number of Index Components | 1 |
| Further Information | www.solactive.com |
Index Composition Breakdown
Maturity Breakdown
| 1-3Y | 81,85% |
|
| 7-10Y | 18,15% |
|
Sector Breakdown
| Government | 100% |
|
Currency Breakdown
| USD | 100% |
|
Countries Breakdown
| United States | 100% |
CHARACTERISTICS
Main Fund Characteristics
| ISIN | LU2018762653 |
| Assets Under Management | 132,9mio EUR |
| UCITS | Yes |
| Total Expense Ratio | 0,3% |
| Tax data (PEA) | No |
| EU-SD Status | In Scope |
| Fund Type | SICAV |
| Domicile | Luxembourg |
| Replication Method | Indirect (Unfunded swap) |
| Portfolio Managers | Raphaël Dieterlen, Jean-Marc Guiot |
| Share Class Currency | USD |
| Dividend Treatment | Capitalisation |
| Umbrella AUM | 46 865mio EUR |
| Financial Year End | 31/12/2021 |
| Swap Counterparty | Société Générale |
| Full Property of the Assets | Yes |
| Inception Date | 18/07/2019 |
| Minimum Investment | 1 Share |
| SFDR Classification | 6 |
DISCLAIMER: This fund includes a risk of capital loss. Investors therefore may not recover all or part of their initial investment. The redemption value of this fund may be less than the amount initially invested. In a worst case scenario, investors could sustain the loss of their entire investment. Be sure to read carefully the Key Investor Information document, and the “risk factors” section of a fund’s performance to better understand the risks involved.
Trading Information
| Exchange | Ticker Bloomberg | Listing Currency | Currency Hedged | Listing Date | Dividend Policy | ADV 3M | ISIN | Fund AUM in CCY |
|---|---|---|---|---|---|---|---|---|
| Euronext | STPU FP | EUR | - | 10/09/2019 | Capitalisation | 7 365EUR | LU2018762653 | 133mio EUR |
| Borsa Italiana | STPU IM | EUR | - | 10/09/2019 | Capitalisation | 120 425EUR | LU2018762653 | 133mio EUR |
| Xetra | UCT2 GY | EUR | - | 10/09/2019 | Capitalisation | 4 204EUR | LU2018762653 | 133mio EUR |
| BX Swiss | STPU BW | CHF | - | 30/10/2019 | Capitalisation | - | LU2018762653 | 143mio CHF |
| LSE | STPU LN | USD | - | 01/08/2019 | Capitalisation | 132 863USD | LU2018762653 | 154mio USD |
Passporting Information
DOCUMENTS
| ETF Name | Type | Language | Publication Date | Size |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
Factsheets | English | 31/08/2021 | 180 Ko |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
Prospectus | English | 20/08/2021 | 5652 Ko |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
KIID | English | 19/02/2021 | 173 Ko |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
Annual Reports | English | 31/12/2020 | 6408 Ko |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
Semi-Annual Reports | English | 30/06/2021 | 2958 Ko |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc |
Quarterly Performance Analysis | English | 30/06/2021 | 456 Ko |
NEWS
Notice to Shareholders Annual general meeting Multi Units Luxembourg