FLOTH

Lyxor $ Floating Rate Note UCITS ETF - Monthly Hedged to EUR - Dist

Latest NAV
93.1401 EUR
Performance YTD

0.05%

Assets Under Management
85m EUR
TER
0.15%
ISIN
LU1571052130
Dividend Policy
Distribution
Investment Objective

The Lyxor $ Floating Rate Note UCITS ETF - Monthly Hedged to EUR - Dist is a UCITS compliant exchange traded fund that aims to track the benchmark index Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index.The index is representative of the performance of USD denominated, investment grade floating rate notes issued by US and non-US corporates, with maturities ranging from 1 month up to, but not including, 5 years. The bonds in the index have a variable coupon which is adjusted according to changes in the 3m LIBOR. Additionally, the index only includes issuers with an MSCI ESG Rating of BBB or higher, and negatively screens issuers involved in certain values-based business involvement criteria, including activities related to controversial military weapons, and those with a “red” MSCI ESG Controversy Score. The EUR-hedged share class offers the simplicity of a monthly currency hedge mechanism that is embedded in the investment product, representing an efficient solution to manage the foreign-exchange risk. Further index details and methodology may be found at www.bloomberg.com

FLOTH

Lyxor $ Floating Rate Note UCITS ETF - Monthly Hedged to EUR - Dist

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 $ Floating Rate Note UCITS ETF - Monthly Hedged to EUR - Dist ETF 0.05% 0.03% 0.03% 0.21% 0.05% -0.18% - 0.14%
Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index Benchmark Index 0.07% 0.06% 0.13% 0.41% 0.43% 1.03% - 1.54%
Data as of 20/01/2021, Source: Lyxor International Asset Management

Calendar Performance

Product 2020 2019 2018 2017
Lyxor $ Floating Rate Note UCITS ETF - Monthly Hedged to EUR - Dist ETF 0.1% 1.8% -1.97% -
Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index Benchmark Index 0.48% 2.26% -1.61% -
Data as of 20/01/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
21/01/2021 93.1401 EUR 85m EUR
20/01/2021 93.1366 EUR 85m EUR
19/01/2021 93.13 EUR 85m EUR
15/01/2021 93.1301 EUR 85m EUR
14/01/2021 93.1273 EUR 85m EUR

Dividend History

Date Amount Currency
09/12/2020 0.34 EUR
08/07/2020 0.7 EUR
11/12/2019 1.03 EUR
10/07/2019 1.82 EUR
11/07/2018 1.69 EUR

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
MS 0 01/20/22 USD 1.45%
JPM 0 10/24/23 USD 1.43%
HSBC 0 05/18/24 USD 1.42%
VZ 0 05/15/25 USD 1.29%
GS 0 02/23/23 USD 1.24%
MS 0 10/24/23 USD 1.23%
MUFG 0 07/26/23 USD 1.17%
BACR 0 05/16/24 USD 1.07%
RBS 0 05/15/23 USD 1.07%
DAIGR Float 02/15/22 USD 1.06%
Name Listing Currency Quantity Weight
T 3 5/8 02/15/44 USD 163,647 22.22%
T 3 02/15/48 USD 114,323 14.3%
T 2 7/8 05/15/43 USD 102,513 12.33%
T 2 02/15/50 USD 57,805 5.94%
T 3 1/8 05/15/48 USD 39,994 5.09%
T 3 02/15/49 USD 37,740 4.74%
T 2 1/2 01/31/21 USD 38,611 3.84%
TII 0 1/8 04/15/21 USD 35,142 3.82%
WIT 0 3/8 08/31/27 USD 37,005 3.59%
T 2 3/8 11/15/49 USD 31,557 3.5%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 20/01/2021

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 $ Floating Rate Note UCITS ETF - Monthly Hedged to EUR - Dist

1Y Tracking Difference 100.05%
Total Expense Ratio +0.15%
Swap price component estimation =100.2%

Index Information

Full Name Bloomberg Barclays MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index
Index Type Performance
Index Bloomberg Ticker H34979EU
Index Currency EUR
Number of Index Components 184

INDEX ANALYTICS

Coupon Rate (%) 1.06
Yield (%) 0.43
Duration (Years) 0.11
Modified Duration (Years) 0.12
Maturity (Years) 1.55
Convexity (%) 0
Estimated Monthly Hedge Cost (%) 0.07
Data as of 20/01/2021

Index Composition Breakdown

Sector Breakdown

Financials 76.71%
Consumer Discretionary 8.89%
Communications 3.87%
Technology 3.42%
Industrials 2.96%
Health Care 2.96%
Consumer Staples 0.6%
Utilities 0.6%

Maturity Breakdown

0-1Y 39.05%
1-3Y 50.58%
3-5Y 10.38%

Ratings Breakdown

AA 13.05%
A 51.21%
BBB 35.74%

Currency Breakdown

USD 100%

Countries Breakdown

United States 45.16%
Japan 13.04%
United Kingdom 10.08%
Australia 9.08%
Canada 7.69%
Switzerland 4.26%
Germany 3.06%
Netherlands 3.01%
Sweden 2.01%
France 1.53%
Spain 1.07%
Data as of 20/01/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU1571052130
UCITS Yes
Share Class Currency EUR
Assets Under Management 85.4m EUR
Total Expense Ratio 0.15%
Dividend Treatment Distribution
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 10,577m EUR
ISA Yes
SIPP Yes
German Tax Transparency Yes
Financial Year End 31/10/2021
Portfolio Managers Raphaël Dieterlen, Sebastien Foy
Swap Counterparty Société Générale
Full Property of the Assets Yes
UKFRS Yes
Inception Date 08/06/2017
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
Borsa Italiana FLOTH IM EUR EUR 18/07/2017 Distribution 27,578EUR LU1571052130 85m EUR
LSE* SWIM LN GBP - 12/05/2017 Distribution 45,506GBP LU1571051751 76m GBP
LSE* BUOY LN USD - 12/05/2017 Distribution 81,486USD LU1571051751 103m USD
SIX Swiss Ex* BUOY SW CHF - 05/11/2020 Distribution 26,655CHF LU1571051751 92m CHF
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Luxembourg
Belgium
Italy
France
Spain
Germany
Switzerland
Ireland
Austria
UK
Data as of 20/01/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
01/07/2019

Notice to Shareholders Notice to the shareholders of LYXOR INDEX FUND – Lyxor $ Floating Rate Note UCITS ETF (the “Sub-Fund”)

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