New Lyxor ETFs on Xetra: US and German Government Bonds
New Lyxor ETFs on Xetra: US and German Government Bonds
Four new ETFs from Lyxor International Asset Management have been tradable on Xetra and Börse Frankfurt since Tuesday.
The new ETFs give investors the opportunity to participate directly in changes in the German and US yield curve using a systematic strategy.
If the slope of the curve rises by 1 basis point, an increase (steepening) or decrease (flattening) of the indices by approx. 7 basis points is expected. The indices in each case consist of two basic components:
Steepening: Long position in 2-year US Treasury bond or Euro Schatz futures and a short position in 10-year US Treasury Ultra bond or Euro Bund futures.
Flattening: Short position in 2-year US Treasury bond or Euro Schatz futures and a long position in 10-year US Treasury Ultra bond or Euro Bund futures.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor US Curve Steepening 2-10 UCITS ETF - Acc | Bond ETF | LU2018762653 | 0.30 | Accumulating | Solactive USD Daily (x7) Steepener 2-10 Index |
Lyxor EUR Curve Steepening 2-10 UCITS ETF - Acc | Bond ETF | LU2018760954 | 0.30 | Accumulating | Solactive EUR Daily (x7) Steepener 2-10 Index |
Lyxor EUR Curve Flattening 2-10 UCITS ETF - Acc | Bond ETF | LU2018760012 | 0.30 | Accumulating | Solactive EUR Daily (x7) Flattener 2-10 Index |
Lyxor US Curve Flattening 2-10 UCITS ETF - Acc | Bond ETF | LU2018761762 | 0.30 | Accumulating | Solactive USD Daily (x7) Flattener 2-10 Index |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,495 ETFs. With this selection and an average monthly trading volume of around EUR 11 billion, Xetra is the leading trading platform for ETFs in Europe.