ETF of the month: Lyxor US Curve Steepening 2-10 UCITS ETF (STPU)

This issue’s ETF of the month is Amundi’s STPU, Europe’s second-highest inflowing bond ETF so far in 2023

Jamie Gordon

Bond inflows coins

This month’s ETF in the spotlight is the Lyxor US Curve Steepening 2-10 UCITS ETF (STPU), which boasts the strongest asset gathering of any non-broad-beta fixed income ETF in Europe so far in 2023 as investors look to front-run the end of Federal Reserve rates hikes.

In fact, not only has STPU booked the second-highest inflow of any UCITS bond wrapper since the turn of the year as of 20 June, but its $1.77bn new money means around 99% of its total $1.78bn assets under management (AUM) have arrived over the last six months, according to data from ETFbook.

This article first appeared in ETF Insider, ETF Stream's monthly ETF magazine for professional investors in Europe. To read the full article, click here.

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