STEEPNE
•
Fixed Income
OSSIAM US STEEPENER UCITS ETF 2C (USD)
TER (bps):
32
AUM (USD m):
73
ISIN:
LU1991353761
Domicile:
Luxembourg
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
15 Nov 2024
Climate Fund:
No
Benchmark
The Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 Index is invested in futures on US Treasury bonds and is designed to benefit from an increase in the USD interest rate slope, measured as the difference between long term and short-term rates, while limiting sensitivity to a parallel shift of the yield curve by targeting a duration neutral exposure to USD interest rates. 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 10bps. The Index consists of four underlyings, with a long position in the 2Y and 5Y US Treasury Bond Futures and a short position in the 10Y and 30Y Us Treasury Bond Futures.
PERFORMANCE
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