STPU

Lyxor US Curve Steepening 2-10 UCITS ETF - Acc

Latest NAV
92.7201 CHF
Performance YTD

6.31%

Assets Under Management
121m 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 YTD 1M 3M 1Y 3Y 5Y 10Y ALL
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc ETF 6.31% 0.89% -2.93% 0.01% - - - -4.92%
Solactive USD Daily (x7) Steepener 2-10 Index Benchmark Index 6.59% 0.93% -2.79% 0.56% - - - -4.06%
Data as of 22/06/2021, Source: Lyxor International Asset Management
Product 2020 2019 2018 2017
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc ETF -9.13% - - -
Solactive USD Daily (x7) Steepener 2-10 Index Benchmark Index -8.63% - - -
Data as of 22/06/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
22/06/2021 92.7201 CHF 121m CHF
21/06/2021 92.4419 CHF 121m CHF
18/06/2021 92.6634 CHF 119m CHF
17/06/2021 92.5918 CHF 119m CHF
16/06/2021 91.369 CHF 118m 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) Sep21 USD 357.08% Government United States
US 10yr Ultra Fut Sep21 USD -77.2% Government United States
Name Listing Currency Quantity Weight Sector Country
T 2 3/4 02/15/28 USD 338,655 28.63% Communication Services United States
T 1 1/2 08/15/26 USD 205,950 16.21% Government United States
WIT 0 1/2 10/31/27 USD 182,271 13.33% Government United States
T 2 5/8 02/15/29 USD 112,742 9.48% Government United States
T 3 3/8 11/15/48 USD 84,576 8.24% Government United States
T 2 7/8 05/15/28 USD 56,490 4.78% Government United States
TII 0 1/8 01/15/30 USD 49,852 4.28% Government United States
ONTTFT 2 04/16/31 USD 5,250 4.07% Government Canada
T 2 7/8 08/15/28 USD 43,840 3.74% Government United States
T 6 1/8 08/15/29 USD 15,975 1.7% Communication Services 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 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

Sector Breakdown

Government 100%

Maturity Breakdown

0-1Y 100%

Ratings Breakdown

AAA 100%

Currency Breakdown

USD 100%

Countries Breakdown

United States 100%
Data as of 22/06/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN LU2018762653
UCITS Yes
Share Class Currency USD
Assets Under Management 121.1m CHF
Total Expense Ratio 0.3%
Dividend Treatment Capitalisation
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 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
Euronext STPU FP EUR - 10/09/2019 Capitalisation 40,840EUR LU2018762653 111m EUR
Borsa Italiana STPU IM EUR - 10/09/2019 Capitalisation 254,320EUR LU2018762653 111m EUR
Xetra UCT2 GY EUR - 10/09/2019 Capitalisation 44,783EUR LU2018762653 111m EUR
BX Swiss STPU BW CHF - 30/10/2019 Capitalisation - LU2018762653 121m CHF
LSE STPU LN USD - 01/08/2019 Capitalisation 149,383USD LU2018762653 132m USD
*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 22/06/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
06/05/2021

Notice to Shareholders Annual general meeting Multi Units Luxembourg