BTPS

Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc

Latest NAV
23.7946 EUR
Performance YTD

59.07%

Assets Under Management
130m EUR
TER
0.4%
ISIN
FR0011023621
Dividend Policy
Capitalisation
Investment Objective

The Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index Solactive BTP Daily (-2x) Inverse Index. The Solactive BTP Daily (-2x) Inverse Index aims to reflect an inverse exposure leveraged to a multiple of 2 (positive or negative) to the daily performance of the Italian Long Term Bond Market while avoiding the costs linked to the use of cash instruments. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.

BTPS

Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc

PERFORMANCE

Performance history

Legend:

The figures relating to [past performances / simulated past performances / past performances and simulated past performances] refer or relate to past periods and are not a reliable indicator of future results. This also applies to historical market data.

Product 1Y 3Y 5Y 10Y
Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc 65.63% 12.08% -2.31% -10.36%
Benchmark Index 66.57% 12.73% -1.73% -9.87%
Data as of 27/09/2022, Source: Lyxor International Asset Management
Product YTD 1M 3M 1Y 3Y 5Y 10Y ALL
Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc 59.07% 15.15% 14.24% 65.63% 40.82% -11.05% -66.53% -75.31%
Benchmark Index 59.75% 15.21% 14.42% 66.57% 43.29% -8.34% -64.66% -73.79%
Data as of 27/09/2022, Source: Lyxor International Asset Management
Product 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012
Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc 3.53% -20.05% -25.55% -4.09% -10.93% -4.47% -12.79% -33.01% -18.36% -44.68%
Benchmark Index 4.1% -19.56% -25.04% -3.52% -10.44% -3.98% -12.37% -32.69% -18% -44.46%
Data as of 27/09/2022, Source: Lyxor International Asset Management

At 21/06/2019, the index reference changed from SGI Daily Double Short BTP to Solactive BTP Daily (-2x) Inverse Index.

NAV History

Date NAV Currency Fund AUM
27/09/2022 24.3148 EUR 148m EUR
26/09/2022 23.3743 EUR 135m EUR
23/09/2022 22.8483 EUR 139m EUR
22/09/2022 22.2905 EUR 135m EUR
21/09/2022 22.0729 EUR 135m EUR

Dividend History

This fund does not distribute any dividend.

HOLDINGS

This ETF uses synthetic replication to track the performance of the index. As such, the holdings of the ETF may vary from that of the benchmark index.
You can read more about our approach to replication in our pragmatic guide to replication.

Name Currency Weight Sector Country
Euro-BTP Future Dec22 EUR 100%
Name Listing Currency Quantity Weight Sector Country
FRENCH REPUBL OAT 0% 25Feb27 EUR 12.36m 8.38% Government France
DT PFANDBRIEF 1.75% Mar27 EMTN EUR 9.55m 6.81% Financials Germany
ITALIAN REPUB STRIP 0% 01Aug29 EUR 5.12m 2.9% Government Italy
FRANCE OAT 1.85% 25Jul27 EUR 2.67m 2.78% Government France
NRW.BANK 0.125% Jul23 EUR 3.41m 2.52% Government Germany
BANCO SANTAND FRN May24 EUR 3.3m 2.51% Financials Spain
KFW 0.75% Jan29 EMTN EUR 3.71m 2.5% Government Germany
KFW 1.125% Sep32 EMTN EUR 3.85m 2.49% Government Germany
EIB 0.25% Sep29 EMTN EUR 3.93m 2.48% Government
EUROPEAN INVE 2.25% 15Mar30 EUR 3.42m 2.48% Government
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 23/09/2022

1 week moving average of counterparty risk level

Counterparty risk level at daily adjustment time

Swap Price Component

Although past performance is no indicator of future performance, you can get an estimation of the swap price component over the last 12 months by adding the TER to the realized Tracking Difference. the price of being long the index and short the basket of securities held by the ETF (ie. the spread applicable to the index performance provided by the swap counterparty) can be understood as the swap price component. The latter can be positive or negative, depending on the following factors: Read more

Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc

1Y Tracking Difference -0.94%
Total Expense Ratio +0.4%
Swap price component estimation =-0.54%

Index Information

Full Name Solactive BTP Daily (-2x) Inverse Index
Index Type Performance
Index Bloomberg Ticker SODI2BTP
Index Currency EUR
Number of Index Components 0
Further Information www.solactive.com

Index Composition Breakdown

Sector Breakdown

100%

Maturity Breakdown

7-10Y 100%

Ratings Breakdown

NR 100%

Currency Breakdown

EUR 100%

CHARACTERISTICS

Main Fund Characteristics

ISIN FR0011023621
UCITS Yes
Share Class Currency EUR
Assets Under Management 129.8m EUR
Total Expense Ratio 0.4%
Dividend Treatment Capitalisation
Tax data (PEA) No
EU-SD Status In Scope
Fund Type SICAV
Domicile France
Replication Method Indirect (Unfunded swap)
Umbrella AUM 21,958.8m EUR
Portfolio Managers Raphaël Dieterlen, Jean-Marc Guiot
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/10/2022
Inception Date 27/04/2011
Minimum Investment 1 Share
SFDR Classification 6

DISCLAIMER: This fund includes a risk of capital loss. Investors therefore may not recover all or part of their initial investment. The redemption value of this fund may be less than the amount initially invested. In a worst case scenario, investors could sustain the loss of their entire investment. Be sure to read carefully the Key Investor Information document, and the “risk factors” section of a fund’s performance to better understand the risks involved.

Trading Information

Exchange Ticker Bloomberg Listing Currency Currency Hedged Listing Date Dividend Policy ADV 3M ISIN Fund AUM in CCY
Borsa Italiana BTP2S IM EUR - 16/06/2011 Capitalisation - FR0011023621 148m EUR
Euronext BTPS FP EUR - 02/05/2011 Capitalisation - FR0011023621 148m EUR
*Related Shareclasses

Market Makers

Flow Traders
Optiver
Société Générale
Susquehanna
Data provided by relevant exchanges

Passporting Information

France
Italy
Austria
Germany
Sweden
UK
Data as of 27/09/2022, Source: Lyxor International Asset Management

DOCUMENTS

ETF Name Type Language Publication Date Size
Lyxor BTP Daily (-2x) Inverse UCITS ETF - Acc
Prospectus French 25/11/2021 1751 Ko

NEWS

Notice to Shareholders
18/02/2022

Notice to Shareholders Multi Units France - Notice of meeting

Notice to Shareholders
08/12/2021

Notice to Shareholders Prospectus amendment - Lyxor ETF

Notice to Shareholders
18/03/2021

Notice to Shareholders Notice of meeting SICAV Multi Units France

Notice to Shareholders
05/03/2021

Notice to Shareholders PROPOSED RESOLUTIONS MULTI UNITS France SICAV

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