TING
•
Fixed Income
TABULA US ENHANCED INFLATION UCITS ETF (USD) - GBP HEDGED
TER (bps):
34
AUM (USD m):
6
ISIN:
IE00BN0T9H70
Domicile:
Ireland
Share Class Currency:
GBP
ESG:
No
Geographical Focus:
United States
As of:
14 Nov 2024
Climate Fund:
No
Benchmark
The Bloomberg US Enhanced Inflation Index measures the combined performance of the US Treasury Inflation Protected Securities (TIPS) market and the US 7-10 Year breakeven inflation, which is represented by the difference in performance of the US TIPS 7-10 Year Index and the duration adjusted performance of the US Treasury 7-10 Year Index. The index performance also accounts for a net total return swap funding cost for the 7-10 Year breakeven inflation exposure. The performance thus of the US Enhanced Inflation index total return is defined as: US TIPS Total Return + [US TIPS 7-10 Year Total Return – Duration Adjustment x US Treasury 7-10 Year Total Return] - funding cost. The funding cost is reset annually, it is derived from the average of three dealer quotes for the net funding costs of entering a total return swap to receive the US TIPS 7-10 Year Total Return and pay the duration adjusted US Treasury 7-10 Year Total Return.
PERFORMANCE
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