LYXOR US CURVE STEEPENING 2-10 UCITS ETF - ACC
AUM (USD m):
Share Class Currency:
28 Nov 2023
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.