FLTE

Lyxor EUR Curve Flattening 2-10 UCITS ETF - Acc

Latest NAV
100.4908 EUR
Performance YTD

-2.01%

Assets Under Management
0m EUR
TER
0.3%
ISIN
LU2018760012
Dividend Policy
Capitalisation
Investment Objective

The Lyxor EUR Curve Flattening 2-10 UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the Solactive EUR Daily (x7) Flattener 2-10 Index. The index tracks the investment performance of a systematic strategy whose returns are directly linked to changes in the German government bond yield curve. The index is constructed such that for a 1bp decrease 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 short position in the Euro-Schatz-Futures and a long position in the Euro-Bund-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.

PLEASE BE INFORMED THAT THIS ETF WILL BE LIQUIDATED AS OF 26.05.2021. FOR FURTHER DETAILS PLEASE REFER TO THE INVESTOR NOTICE IN THE “DOCUMENTS” SECTIONS.

FLTE

Lyxor EUR Curve Flattening 2-10 UCITS ETF - Acc

PERFORMANCE

Performance history

Legend:

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.

Cumulative Performance

Product YTD 1M 3M 6M 1Y 3Y 5Y ALL
Lyxor EUR Curve Flattening 2-10 UCITS ETF - Acc ETF -2.01% -0.51% -1.32% -1.89% -1.12% - - -1.09%
Solactive EUR Daily (x7) Flattener 2-10 Index Benchmark Index -1.82% -0.46% -1.19% -1.62% -0.57% - - -0.19%
Data as of 06/05/2021, Source: Lyxor International Asset Management

Calendar Performance

Product 2020 2019 2018 2017
Lyxor EUR Curve Flattening 2-10 UCITS ETF - Acc ETF 1.96% - - -
Solactive EUR Daily (x7) Flattener 2-10 Index Benchmark Index 2.52% - - -
Data as of 06/05/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
06/05/2021 100.4908 EUR 0m EUR
05/05/2021 100.4374 EUR 0m EUR
04/05/2021 100.5151 EUR 0m EUR
03/05/2021 100.334 EUR 0m EUR
30/04/2021 100.2817 EUR 0m EUR

Dividend History

This fund does not distribute any dividend.

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.
You can read more about our approach to replication in our pragmatic guide to replication.

Name Currency Weight
EURO-BUND FUTURE Jun21 EUR 79.54%
EURO-SCHATZ FUT Jun21 EUR -377.2%
Name Listing Currency Quantity Weight
BTPS 1.45 05/15/25 EUR 69 20.97%
KFW 0.01 03/31/25 EUR 33 9.61%
EFSF 0 10/15/25 Corp EUR 33 9.6%
MADRID 2 7/8 07/17/23 EUR 13 4.06%
DBRR 0 07/04/39 EUR 1.37m 3.84%
DBRR 0 07/04/42 EUR 1.31m 3.6%
FRANCE (GOVT OF) 1.85 25/07/2027 EUR 7,067 2.84%
CRH 3.3 09/23/22 EUR 8,002 2.45%
DBRR 0 01/04/37 EUR 861,975 2.45%
CFF 4 10/24/25 EUR 7 2.43%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 05/05/2021

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 EUR Curve Flattening 2-10 UCITS ETF - Acc

1Y Tracking Difference -0.55%
Total Expense Ratio +0.3%
Swap price component estimation =-0.25%

Index Information

Full Name Solactive EUR Daily (x7) Flattener 2-10 Index
Index Type Performance
Index Bloomberg Ticker SOED7FTT
Index Currency EUR
Number of Index Components 2
Further Information www.solactive.com

Index Composition Breakdown

Sector Breakdown

Government 100%

Maturity Breakdown

0-1Y 100%

Ratings Breakdown

AAA 100%

Currency Breakdown

EUR 100%

Countries Breakdown

Germany 100%
Data as of 05/05/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU2018760012
UCITS Yes
Share Class Currency EUR
Assets Under Management 0.4m EUR
Total Expense Ratio 0.3%
Dividend Treatment Capitalisation
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 43,125.1m EUR
ISA Yes
SIPP Yes
German Tax Transparency No
Financial Year End 31/12/2021
Portfolio Managers Raphaël Dieterlen, Jean-Marc Guiot
Swap Counterparty Société Générale
Full Property of the Assets Yes
UKFRS Yes
Inception Date 12/07/2019
Minimum Investment 1 Share

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
Xetra FLTE GY EUR - 10/09/2019 Capitalisation 2EUR LU2018760012 0m EUR
Borsa Italiana FLTE IM EUR - 10/09/2019 Capitalisation 963EUR LU2018760012 0m EUR
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Spain
Austria
Norway
Luxembourg
Italy
Netherlands
Finland
Germany
Sweden
UK
France
Denmark
Data as of 06/05/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
06/05/2021

Notice to Shareholders Annual general meeting Multi Units Luxembourg

Notice to Shareholders
22/04/2021

Notice to Shareholders Liquidation Lyxor EUR Curve Flattening 2-10 UCITS ETF

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