XBRMIB

Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc

Latest NAV
1.6263 EUR
Performance YTD

-9.28%

Assets Under Management
55m EUR
TER
0.6%
ISIN
FR0010446666
Dividend Policy
Capitalisation
Investment Objective

The Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index FTSE MIB Super Short Strategy RT Gross TR Index. The FTSE MIB Super Short Strategy RT Gross TR Index attempt to replicate the inverse returns experienced by an investor attaining the negative daily performance of the underlying headline index i.e. by short selling the index with a daily rebalance. The cost of dividends and benefit of earning interest for the short position are taken into account in the index calculation of the short indices, as is the cost of borrowing stock. The short indices are derived from the existing underlying headline Total Return Indices. Lyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.

XBRMIB

Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc

PERFORMANCE

Performance history

The fund’s performance track record is that of Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc until 06/09/2018. This fund was absorbed by Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc on 06/09/2018.

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.

Cumulative Performance

Product YTD 1M 3M 6M 1Y 3Y 5Y ALL
Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc ETF -9.28% -12.08% -9.43% -31.03% -34.53% -56.54% - -95.21%
FTSE MIB Super Short Strategy RT Gross TR Index Benchmark Index -9.17% -12.01% -9.26% -30.71% -33.96% -55.37% - -94.6%
Data as of 25/02/2021, Source: Lyxor International Asset Management

Calendar Performance

Product 2020 2019 2018 2017
Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc ETF -27.7% -48.95% 17.32% -33.31%
FTSE MIB Super Short Strategy RT Gross TR Index Benchmark Index -27.07% -48.47% 18.32% -32.71%
Data as of 25/02/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
25/02/2021 1.6263 EUR 55m EUR
24/02/2021 1.6215 EUR 55m EUR
23/02/2021 1.6445 EUR 56m EUR
22/02/2021 1.6346 EUR 55m EUR
19/02/2021 1.6172 EUR 55m 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
ENEL SPA EUR 13.45%
Intesa Sanpaolo EUR 9.25%
FIAT CHRYSLER AUTOMOBILES NV EUR 7.79%
ENI SPA EUR 6.64%
STMICROELECTRONICS NV EUR 5.84%
ASSICURAZIONI GENERALI EUR 5.51%
FERRARI NV EUR 5.48%
Unicredit SpA EUR 5.23%
CNH INDUSTRIAL NV EUR 3.46%
MONCLER SPA EUR 2.74%
Name Listing Currency Quantity Weight
TORONTO-DOMINION BANK CAD 98,314 7.83%
RIO TINTO PLC GBP 53,113 6.08%
BUREAU VERITAS SA EUR 166,698 5.72%
E.ON SE EUR 411,571 5.57%
RUBIS EUR 76,531 4.63%
GETLINK SE EUR 190,646 4.12%
DEUTSCHE BANK AG-REGISTERED EUR 261,477 4.06%
Edenred EUR 53,387 3.97%
BANCO SANTANDER SA EUR 860,649 3.97%
EIFFAGE EUR 29,323 3.93%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 24/02/2021

1 week moving average of counterparty risk level

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 FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF - Acc

1Y Tracking Difference -0.57%
Total Expense Ratio +0.6%
Swap price component estimation =0.03%

Index Information

Full Name FTSE MIB Super Short Strategy RT Gross TR Index
Index Type Performance
Index Bloomberg Ticker FMIBI2X
Index Currency EUR
Number of Index Components 40

Carbon Footprint

Carbon Efficiency (t CO2/$m)
Data as of 31/01/2021

Index Composition Breakdown

Sector Breakdown

Financials 31.05%
Utilities 20.27%
Consumer Discretionary 16.62%
Industrials 9.07%
Energy 8.05%
Information Technology 7.68%
Health Care 3.29%
Communication Services 2.01%
Consumer Staples 1.35%
Others 0.61%

Currency Breakdown

EUR 100%

Countries Breakdown

Italy 79.94%
United Kingdom 11.25%
Switzerland 5.84%
Netherlands 1.96%
Luxembourg 1.01%
Data as of 24/02/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN FR0010446666
UCITS Yes
Share Class Currency EUR
Assets Under Management 55.2m EUR
Total Expense Ratio 0.6%
Dividend Treatment Capitalisation
Original inception date 08/02/2008
EU-SD Status Out of Scope
Fund Type SICAV
Domicile France
Replication Method Indirect (Swap Based)
Umbrella AUM 23,247.9m EUR
Portfolio Managers Raphaël Dieterlen, Jean-Marc Guiot
Swap Counterparty Société Générale
Full Property of the Assets Yes
Financial Year End 31/10/2021
Inception Date 05/09/2018
Minimum Investment 1 Share

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 XBRMIB IM EUR - 06/09/2018 Capitalisation 3.62m EUR FR0010446666 55m EUR
*Related Shareclasses

Market Makers

Banca Sella Holding S.P.A.
BNP Paribas
Flow Traders
Optiver
Société Générale
Virtu Financial
Data provided by relevant exchanges

Passporting Information

France
Italy
Finland
Germany
Austria
UK
Sweden
Data as of 25/02/2021, Source: Lyxor International Asset Management

NEWS

Notice to Shareholders
22/02/2021

Notice to Shareholders Notice of meeting Multi Units France

Notice to Shareholders
18/02/2021

Notice to Shareholders Modification of the prospectus on sustainability related disclosures

Notice to Shareholders
11/02/2020

Notice to Shareholders The shareholders are hereby informed that they are invited to attend a combined general meeting (ordinary and extraordinary) to be held on Friday 28 February 2020 at 11:00 am

Notice to Shareholders
31/07/2018

Notice to Shareholders Notice Fund Merger Lyxor FTSE MIB Daily (-2x) Inverse (Xbear) UCITS ETF

Access markets product range icon

See the range

Access markets

Protect myself product range icon

See the range

Protect myself