STPH
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Fixed Income
AMUNDI US CURVE STEEPENING 2-10Y UCITS ETF MONTHLY HEDGED TO GBP - DIST
TER (bps):
35
AUM (USD m):
52
ISIN:
LU2018762901
Domicile:
Luxembourg
Share Class Currency:
GBP
ESG:
No
Geographical Focus:
United States
As of:
12 Nov 2024
Climate Fund:
No
Benchmark
The Solactive USD Daily (x7) Steepener 2-10 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 2 Year US Treasury Bond Futures and a short position in the 10 Year US Treasury Ultra Bond Futures.The index is currency hedged to GBP.
PERFORMANCE
