XBRMIB

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

Latest NAV
1.7393 EUR
Performance YTD

-2.98%

Assets Under Management
62m 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 -2.98% -10.26% -29.36% -23.01% -26.04% -50.12% - -94.88%
FTSE MIB Super Short Strategy RT Gross TR Index Benchmark Index -2.94% -10.2% -29.18% -22.66% -25.41% -48.8% - -94.23%
Data as of 19/01/2021, 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 19/01/2021, Source: Lyxor International Asset Management

NAV History

Date NAV Currency Fund AUM
19/01/2021 1.7393 EUR 62m EUR
18/01/2021 1.7306 EUR 62m EUR
15/01/2021 1.7627 EUR 65m EUR
14/01/2021 1.7237 EUR 62m EUR
13/01/2021 1.7079 EUR 59m 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 14.96%
Intesa Sanpaolo EUR 8.55%
FIAT CHRYSLER AUTOMOBILES NV EUR 7.96%
ENI SPA EUR 6.3%
FERRARI NV EUR 6.16%
STMICROELECTRONICS NV EUR 6.06%
ASSICURAZIONI GENERALI EUR 5.25%
Unicredit SpA EUR 4.77%
CNH INDUSTRIAL NV EUR 3.15%
Snam SpA EUR 2.79%
Name Listing Currency Quantity Weight
ASTRAZENECA PLC GBP 66,353 8.09%
RIO TINTO PLC GBP 53,113 5.25%
BANCO BPM SPA EUR 1.93m 5.24%
Sanofi EUR 42,413 4.91%
BUREAU VERITAS SA EUR 134,636 4.47%
UBISOFT ENTERTAINMENT EUR 35,253 4.27%
GETLINK SE EUR 213,186 4.22%
FAURECIA EUR 69,806 4.18%
VEOLIA ENVIRONNEMENT EUR 122,871 4.04%
CAP GEMINI EUR 22,536 4.02%
Swap Information
Basket Adjustment The basket is daily adjusted to the fund outstanding level.
Counterparty Risk Level N/A
Swap Counterparty Société Générale
Date 18/01/2021

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 -1%
Total Expense Ratio +0.6%
Swap price component estimation =-0.4%

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 31/12/2020

Index Composition Breakdown

Sector Breakdown

Financials 28.99%
Utilities 22.12%
Consumer Discretionary 17.37%
Industrials 8.61%
Information Technology 7.98%
Energy 7.59%
Health Care 3.48%
Communication Services 1.98%
Consumer Staples 1.27%
Others 0.61%

Currency Breakdown

EUR 100%

Countries Breakdown

Italy 79.92%
United Kingdom 11.11%
Switzerland 6.06%
Netherlands 2%
Luxembourg 0.92%
Data as of 18/01/2021, Source: Lyxor International Asset Management

CHARACTERISTICS

Main Fund Characteristics

ISIN FR0010446666
UCITS Yes
Share Class Currency EUR
Assets Under Management 62m 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 22,855.6m 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 4.96m EUR FR0010446666 62m 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 19/01/2021, Source: Lyxor International Asset Management

NEWS

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

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