New money market active ETF from Amundi on Xetra: access to the €STR money market interest rate for EUR overnight loans

Release date: 22 Aug 2024 | Deutsche Börse Cash Market

New money market active ETF from Amundi on Xetra: access to the €STR money market interest rate for EUR overnight loans

Since Thursday, a new active exchange-traded fund from Amundi Asset Management has been tradable on Xetra and Börse Frankfurt.

The Lyxor Smart Overnight Return - UCITS ETF C-EUR is an actively managed fund that seeks to generate returns based on the €STR (Euro Short-Term Rate).

The €STR reflects the wholesale euro unsecured overnight borrowing costs of banks located in the euro area. It represents the average interest rate for loans taken out over the course of a day. The daily compounded €STR is calculated and published by the European Central Bank.

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Lyxor Smart Overnight Return - UCITS ETF C-EUR

Money Market Active ETF

LU1190417599

0.10 per cent

accumulating

The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,184 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.



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