INFL

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

Latest NAV
95.2778 EUR
Performance YTD

1.24%

Assets Under Management
1,213m 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.

Cumulative Performance

Product YTD 1M 3M 6M 1Y 3Y 5Y ALL
Lyxor EUR 2-10Y Inflation Expectations UCITS ETF - Acc ETF 1.24% 0.03% 1.19% 1.37% -0.17% -5.52% - -5.07%
Markit iBoxx EUR Breakeven Euro-Inflation France & Germany Index Nominal TRI Benchmark Index 1.31% 0.06% 1.28% 1.56% 0.19% -4.52% - -3.45%
Data as of 03/03/2021, Source: Lyxor International Asset Management

Calendar Performance

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 03/03/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
03/03/2021 95.2778 EUR 1,213m EUR
02/03/2021 95.1876 EUR 1,212m EUR
01/03/2021 95.1089 EUR 1,135m EUR
26/02/2021 95.0288 EUR 1,134m EUR
25/02/2021 95.0083 EUR 1,133m 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
FRANCE (GOVT OF) 1.85 25/07/2027 EUR 19.63%
DBRI 0 1/2 04/15/30 EUR 16.48%
FRANCE (GOVT OF) 0.25 25/07/2024 EUR 13.71%
FRTR 0.7 07/25/30 EUR 13.53%
DBRI 0.1 04/15/26 EUR 12.96%
FRTR 1 3/4 11/25/24 EUR -7.7%
FRTR 5 3/4 10/25/32 EUR -10.16%
OBL 0 04/10/26 EUR -11%
DBR 0 02/15/30 EUR -14.52%
FRTR 2 3/4 10/25/27 EUR -15.4%
Name Listing Currency Quantity Weight
BTPS 1.65 03/01/32 EUR 69,120 6.21%
DBRR 0 07/04/42 EUR 7.57bn 6.16%
KFW 0 09/15/23 EUR 63,329 5.32%
EFSF 0 10/13/27 EUR 51,500 4.35%
BTPS 3 3/4 09/01/24 EUR 43,575 4.09%
EU 0 06/02/28 EUR 47,751 4.04%
FRANCE (GOVT OF) 1.85 25/07/2027 EUR 31.62m 3.62%
FRTRD 0 10/25/38 EUR 4.27bn 3.28%
DEXGRP 1 10/18/27 EUR 707 3.15%
EFSF 0.4 02/17/25 EUR 35,455 3.04%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 03/03/2021

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 -0.36%
Total Expense Ratio +0.25%
Swap price component estimation =-0.11%

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 24
Further Information www.markit.com/indices

INDEX ANALYTICS

Coupon Rate (%) -0.71
Maturity (Years) 6.08
Convexity (%) -0.55
Data as of 03/03/2021

Index Composition Breakdown

Maturity Breakdown

1-3Y 12.44%
3-5Y 18.09%
5-7Y 32.59%
7-10Y 36.88%

Ratings Breakdown

AAA 41.88%
AA 58.12%

Sector Breakdown

Government 100%

Currency Breakdown

EUR 100%

Countries Breakdown

France 58.12%
Germany 41.88%
Data as of 02/03/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU1390062245
UCITS Yes
Share Class Currency EUR
Assets Under Management 1,212.7m 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 38,712.2m 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

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 456,681EUR LU1390062245 1,213m EUR
Borsa Italiana INFL IM EUR - 12/09/2017 Capitalisation 809,490EUR LU1390062245 1,213m EUR
SIX Swiss Ex INFL SW EUR - 02/06/2017 Capitalisation 691EUR LU1390062245 1,213m EUR
Xetra EUIN GY EUR - 16/11/2016 Capitalisation 139,608EUR LU1390062245 1,213m EUR
LSE INFL LN GBP - 17/05/2016 Capitalisation 7,623GBP LU1390062245 1,048m 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 03/03/2021, Source: Lyxor International Asset Management

NEWS

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18/02/2019

Blog Euro bonds in a post QE world

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09/02/2018

Blog Prepare your portfolio for rising bond yields and inflation