STPU

Lyxor US Curve Steepening 2-10 UCITS ETF - Acc

Latest NAV
93.7255 CHF
Performance YTD

5.38%

Assets Under Management
43m CHF
TER
0.3%
ISIN
LU2018762653
Dividend Policy
Capitalisation
Investment Objective

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.

STPU

Lyxor US Curve Steepening 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.

Product 1Y
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc 1.01%
Benchmark Index 1.56%
Data as of 19/05/2022, Source: Lyxor International Asset Management
Product YTD 1M 3M 1Y 3Y 5Y 10Y ALL
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc 5.38% 2.42% 6.32% 1.01% - - - -3.89%
Benchmark Index 5.59% 2.46% 6.45% 1.56% - - - -2.55%
Data as of 19/05/2022, Source: Lyxor International Asset Management
Product 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc 1.98% -9.13% - - - - - - - -
Benchmark Index 2.54% -8.63% - - - - - - - -
Data as of 19/05/2022, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
19/05/2022 93.7255 CHF 25m CHF
18/05/2022 95.1995 CHF 25m CHF
10/05/2022 96.4597 CHF 26m CHF
06/05/2022 96.0043 CHF 24m CHF
05/05/2022 95.3795 CHF 24m CHF

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 Sector Country
US 2YR NOTE (CBT) Jun22 USD 373.94% United States
US 10yr Ultra Fut Jun22 USD -79.96% United States
Name Listing Currency Quantity Weight Sector Country
TII 0 1/8 10/15/24 USD 111,404 28.98% Government United States
TII 3 5/8 04/15/28 USD 55,712 27.42% Government United States
TII 0 1/8 01/15/32 USD 74,106 17.49% Government United States
TII 0 1/8 04/15/25 USD 44,738 11.53% Government United States
TII 0 3/4 07/15/28 USD 33,926 9.29% Government United States
TII 0 3/8 07/15/27 USD 5,850 1.61% Government United States
ASIA 3 1/8 09/26/28 USD 600 1.38% Government Supranationals
KFW 2 09/29/22 USD 305 0.69% Government Development Banks Germany
KFW 0 3/4 09/30/30 USD 267 0.51% Government Development Banks Germany
TII 2 3/8 01/15/27 USD 1,120 0.41% Government 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 27/04/2022

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 -0.55%
Total Expense Ratio +0.3%
Swap price component estimation =-0.25%

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

0-1Y 17.62%
1-3Y 82.38%

Sector Breakdown

100%

Ratings Breakdown

NR 100%

Currency Breakdown

USD 100%

Countries Breakdown

United States 100%
Data as of 27/04/2022, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU2018762653
UCITS Yes
Share Class Currency USD
Assets Under Management 42.8m CHF
Total Expense Ratio 0.3%
Dividend Treatment Capitalisation
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Unfunded swap)
Umbrella AUM 52,742.5m CHF
ISA Yes
SIPP Yes
German Tax Transparency No
Financial Year End 31/12/2022
Portfolio Managers Raphaël Dieterlen, Jean-Marc Guiot
Swap Counterparty Société Générale
Full Property of the Assets Yes
UKFRS 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
LSE STPU LN USD - 01/08/2019 Capitalisation - LU2018762653 25m USD
BX Swiss STPU BW CHF - 30/10/2019 Capitalisation - LU2018762653 25m CHF
Euronext STPU FP EUR - 10/09/2019 Capitalisation - LU2018762653 24m EUR
Borsa Italiana STPU IM EUR - 10/09/2019 Capitalisation - LU2018762653 24m EUR
Xetra UCT2 GY EUR - 10/09/2019 Capitalisation - LU2018762653 24m 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
Switzerland
Data as of 19/05/2022, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
29/04/2022

Notice to Shareholders Lyxor International Asset Management Merger - Amundi

Notice to Shareholders
08/04/2022

Notice to Shareholders Multi Units Luxembourg - Annual General Meeting Of Shareholders

Notice to Shareholders
08/04/2022

Notice to Shareholders Annual General Meeting 2022 - Multi Units Luxembourg

Notice to Shareholders
06/05/2021

Notice to Shareholders Annual general meeting Multi Units Luxembourg

We have a new home

Banner Amundi

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