USTP

Fixed Income

OSSIAM US STEEPENER UCITS ETF 1C (USD)

TER (bps):

30

AUM (USD m):

151

ISIN:

LU1965301184

Domicile:

Luxembourg

Share Class Currency:

USD

ESG:

No

Geographical Focus:

United States

As of:

19 Mar 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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