INFL

Lyxor EUR 2-10Y Inflation Expectations UCITS ETF - Acc

Latest NAV
96.8335 EUR
Performance YTD

2.89%

Assets Under Management
1,620m EUR
TER
0.25%
ISIN
LU1390062245
Dividend Policy
Capitalisation
Investment Objective

The Lyxor EUR 2-10Y Inflation Expectations UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI. The index is designed to provide exposure to breakeven inflation by entering into a long position in inflation-linked bonds issued by France and Germany and a short position in France and Germany sovereign bonds with adjacent durations. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.

INFL

Lyxor EUR 2-10Y Inflation Expectations 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 YTD 1M 3M 1Y 3Y 5Y 10Y ALL
Lyxor EUR 2-10Y Inflation Expectations UCITS ETF - Acc ETF 2.89% -1.02% 0.91% 3.87% -4.21% -2.92% - -3.52%
Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI Benchmark Index 3.09% -0.98% 1.02% 4.26% -3.17% -1.19% - -1.76%
Data as of 18/06/2021, Source: Lyxor International Asset Management
Product 2020 2019 2018 2017
Lyxor EUR 2-10Y Inflation Expectations UCITS ETF - Acc ETF -2.86% -1.6% -2.77% -0.37%
Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI Benchmark Index -2.52% -1.25% -2.43% -0.03%
Data as of 18/06/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
18/06/2021 96.8335 EUR 1,620m EUR
17/06/2021 97.1763 EUR 1,626m EUR
16/06/2021 97.6048 EUR 1,657m EUR
15/06/2021 97.6382 EUR 1,661m EUR
14/06/2021 97.7062 EUR 1,662m 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 Sector Country
FRANCE (GOVT OF) 1.85 25/07/2027 EUR 21.68% Government France
DBRI 0 1/2 04/15/30 EUR 18.65% Government Germany
FRTR 0.7 07/25/30 EUR 15.53% Government France
FRANCE (GOVT OF) 0.25 25/07/2024 EUR 15.04% Government France
DBRI 0.1 04/15/26 EUR 14.7% Government Germany
FRTR 1 3/4 11/25/24 EUR -7.9% Government France
OBL 0 04/10/26 EUR -11.67% Government Germany
FRTR 5 3/4 10/25/32 EUR -12.65% Government France
DBR 0 02/15/30 EUR -13.97% Government Germany
FRTR 2 3/4 10/25/27 EUR -19.62% Government France
Name Listing Currency Quantity Weight Sector Country
CADES 0 02/25/28 EUR 1,254 7.78% Government France
DBRR 0 07/04/42 EUR 10.8bn 6.41% Government Germany
FRANCE (GOVT OF) 0.25 25/07/2024 EUR 58.31m 4.16% Government France
SPGBEI 0.65 11/30/27 EUR 53,096 3.95% Government Spain
DBRR 0 01/04/37 EUR 5.48bn 3.36% Government Germany
EIB 2 3/4 09/15/25 EUR 39,900 2.84% Government Supranationals
BTPS 1.65 03/01/32 EUR 41,480 2.77% Government Italy
FRANCE (GOVT OF) 1.85 25/07/2027 EUR 31.62m 2.75% Government France
FRTRD 0 10/25/38 EUR 4.27bn 2.37% Government France
ACAFP 0 03/06/23 EUR 381 2.36% Financials France
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 17/06/2021

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 2-10Y Inflation Expectations UCITS ETF - Acc

1Y Tracking Difference -0.39%
Total Expense Ratio +0.25%
Swap price component estimation =-0.14%

Index Information

Full Name Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI
Index Type Performance
Index Bloomberg Ticker IBXXEBF1
Index Currency EUR
Number of Index Components 21
Further Information www.markit.com/indices

INDEX ANALYTICS

Coupon Rate (%) -0.86
Maturity (Years) 6.38
Convexity (%) -2.94
Data as of 17/06/2021

Index Composition Breakdown

Maturity Breakdown

3-5Y 36.57%
5-7Y 21.68%
7-10Y 41.75%

Ratings Breakdown

AAA 33.35%
AA 66.65%

Sector Breakdown

Government 100%

Currency Breakdown

EUR 100%

Countries Breakdown

France 66.65%
Germany 33.35%
Data as of 17/06/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU1390062245
UCITS Yes
Share Class Currency EUR
Assets Under Management 1,619.8m EUR
Total Expense Ratio 0.25%
Dividend Treatment Capitalisation
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 44,580.2m EUR
Portfolio Managers Raphaël Dieterlen, Sebastien Foy
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/12/2021
Inception Date 13/04/2016
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 INFL FP EUR - 05/05/2016 Capitalisation 1.17m EUR LU1390062245 1,626m EUR
Borsa Italiana INFL IM EUR - 12/09/2017 Capitalisation 684,743EUR LU1390062245 1,626m EUR
SIX Swiss Ex INFL SW EUR - 02/06/2017 Capitalisation 4,827EUR LU1390062245 1,626m EUR
Xetra EUIN GY EUR - 16/11/2016 Capitalisation 325,267EUR LU1390062245 1,626m EUR
LSE INFL LN GBP - 17/05/2016 Capitalisation 56,277GBP LU1390062245 1,391m GBP
*Related Shareclasses

Market Makers

Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Luxembourg
UK
Norway
Finland
Italy
Spain
Sweden
Germany
France
Denmark
Austria
Netherlands
Switzerland
Ireland
Singapore
Data as of 18/06/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
06/05/2021

Notice to Shareholders Annual general meeting Multi Units Luxembourg

Blog
04/03/2021

Blog Two ways to position your portfolio for a rise in inflation

Blog
18/02/2019

Blog Euro bonds in a post QE world

Blog
09/02/2018

Blog Prepare your portfolio for rising bond yields and inflation