FLOT
SFDR Classification

Lyxor Euro Floating Rate Note UCITS ETF - Acc

Latest NAV
110.1168 CHF
Performance YTD

1.18%

Assets Under Management
814m CHF
TER
0.15%
ISIN
LU1829218319
Dividend Policy
Capitalisation
Investment Objective

The Lyxor Euro Floating Rate Note UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index Bloomberg Barclays MSCI EUR Corporate Liquid FRN 0-7 Year SRI Sustainable Index. The index is representative of the performance of EUR denominated, investment grade floating rate notes issued by European and non-European corporates, with maturities ranging from 1 month up to, but not including, 7 years. The bonds in the index have a variable coupon which is adjusted according to changes in the 3m EURIBOR. 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. Further index details and methodology may be found at www.bloomberg.com

FLOT
SFDR Classification

Lyxor Euro Floating Rate Note UCITS ETF - Acc

PERFORMANCE

Performance history

The fund’s performance track record is that of FR0012386696 Lyxor Barclays Floating Rate Euro 0-7Y UCITS ETF - Acc until 26/10/2018. This fund was absorbed by LU1829218319 Lyxor Euro Floating Rate Note UCITS ETF - Acc on 26/10/2018.

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 Euro Floating Rate Note UCITS ETF - Acc ETF 1.18% -0.01% -0.63% 3.32% - - - -0.68%
Bloomberg Barclays MSCI EUR Corporate Liquid FRN 0-7 Year SRI Sustainable Index Benchmark Index 1.3% 0.01% -0.57% 3.59% - - - -0.12%
Data as of 22/06/2021, Source: Lyxor International Asset Management
Product 2020 2019 2018 2017
Lyxor Euro Floating Rate Note UCITS ETF - Acc ETF -0.38% - - -
Bloomberg Barclays MSCI EUR Corporate Liquid FRN 0-7 Year SRI Sustainable Index Benchmark Index -0.12% - - -
Data as of 22/06/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
22/06/2021 110.1168 CHF 814m CHF
21/06/2021 109.9776 CHF 813m CHF
18/06/2021 110.0015 CHF 813m CHF
17/06/2021 109.8795 CHF 812m CHF
16/06/2021 109.5357 CHF 810m 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
UBS 0 09/20/22 EUR 2.44% Financials Switzerland
ISPIM 0 04/19/22 EUR 2.1% Financials Italy
BBVASM 0 03/09/23 EUR 2.1% Financials Spain
BBVASM 0 04/12/22 EUR 2.1% Financials Spain
HSBC 0 10/05/23 EUR 2.1% Financials United Kingdom
MS 0 11/08/22 EUR 2.09% Financials United States
GSK Float 09/23/21 EUR 2.09% Health Care United Kingdom
BNP 0 09/22/22 EUR 2.07% Financials France
DB 0 09/10/21 EUR 2.03% Financials Germany
BAC 0 04/25/24 EUR 1.99% Financials United States
Name Listing Currency Quantity Weight Sector Country
FRANCE (GOVT OF) 1.85 25/07/2027 EUR 55.56m 10.54% Government France
BTPS 0.4 05/15/30 EUR 33,983 5.04% Government Italy
UBS 0 09/20/22 EUR 19,044 2.57% Financials Switzerland
DBRS 0 07/04/27 EUR 1.85bn 2.55% Government Germany
BTPS 3 08/01/29 EUR 14,926 2.41% Government Italy
DBRS 0 01/04/24 EUR 1.72bn 2.36% Government Germany
BTPS 2.8 12/01/28 EUR 13,167 2.07% Government Italy
BTPS 2 1/2 11/15/25 EUR 13,495 2.02% Government Italy
DBRS 0 07/04/23 EUR 1.46bn 1.98% Government Germany
BAC 0 04/25/24 EUR 14,596 1.98% Financials 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 21/06/2021

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 Euro Floating Rate Note UCITS ETF - Acc

1Y Tracking Difference -0.27%
Total Expense Ratio +0.15%
Swap price component estimation =-0.12%

Index Information

Full Name Bloomberg Barclays MSCI EUR Corporate Liquid FRN 0-7 Year SRI Sustainable Index
Index Type Performance
Index Bloomberg Ticker I34981EU
Index Currency EUR
Number of Index Components 83

INDEX ANALYTICS

Coupon Rate (%) 0.16
Yield (%) -0.29
Duration (Years) 0.46
Modified Duration (Years) 0.14
Maturity (Years) 1.5
Convexity (%) 0
Data as of 22/06/2021

Index Composition Breakdown

Sector Breakdown

Financials 78.67%
Consumer Discretionary 11.94%
Materials 4.15%
Health Care 3.15%
Technology 1.39%
Industrials 0.7%

Maturity Breakdown

0-1Y 40.14%
1-3Y 51.92%
3-5Y 7.93%

Ratings Breakdown

AA 6.66%
A 55.1%
BBB 38.23%

Currency Breakdown

EUR 100%

Countries Breakdown

France 22.83%
United States 14.84%
United Kingdom 12.3%
Germany 9.2%
Spain 7.83%
Netherlands 7.69%
Switzerland 7.44%
Sweden 3.49%
Canada 3.14%
Japan 2.81%
Italy 2.8%
Finland 1.63%
Norway 1.4%
Belgium 1.05%
Australia 0.85%
Denmark 0.7%
Data as of 22/06/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU1829218319
UCITS Yes
Share Class Currency EUR
Assets Under Management 814m CHF
Total Expense Ratio 0.15%
Dividend Treatment Capitalisation
Original inception date 07/01/2015
EU-SD Status In Scope
Fund Type SICAV
Domicile Luxembourg
Replication Method Indirect (Swap Based)
Umbrella AUM 49,045.6m CHF
Portfolio Managers Raphaël Dieterlen, Jean-Marc Guiot
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/12/2021
Inception Date 25/10/2018
Minimum Investment 1 Share
SFDR Classification 8

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 FLOT FP EUR - 26/10/2018 Capitalisation 105,176EUR LU1829218319 743m EUR
Xetra NK4L GY EUR - 26/10/2018 Capitalisation 225,334EUR LU1829218319 743m EUR
Borsa Italiana FLOT IM EUR - 26/10/2018 Capitalisation 1.64m EUR LU1829218319 743m EUR
BX Swiss LFLOT BW CHF - 19/07/2019 Capitalisation - LU1829218319 814m CHF
*Related Shareclasses

Market Makers

Baader Bank AG
Flow Traders
Société Générale
Data provided by relevant exchanges

Passporting Information

Austria
Finland
Denmark
Germany
Norway
Sweden
Netherlands
France
UK
Spain
Italy
Luxembourg
Switzerland
Data as of 22/06/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
06/05/2021

Notice to Shareholders Annual general meeting Multi Units Luxembourg

Blog
08/04/2021

Blog Investing in Financials – two potential paths

Notice to Shareholders
01/07/2019

Notice to Shareholders Notice to the shareholders of MULTI UNITS LUXEMBOURG – Lyxor Barclays Floating Rate Euro 0-7Y UCITS ETF (the “Sub-Fund”)