Amundi US Curve steepening 2-10Y UCITS ETF Acc (STPU.L)

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The Amundi US Curve Steepening 2-10 UCITS ETF - Acc is a UCITS-compliant Exchange Traded Fund (ETF) that seeks to mirror the Solactive USD Daily (x7) Steepener 2-10 Index. This benchmark measures the returns of a systematic investment strategy directly influenced by shifts in the US Treasury yield curve. Its construction anticipates an approximate seven basis point increase in the index for every one basis point steepening of the curve, though market dynamics may introduce variability. The index's underlying composition includes a long position in 2-year US Treasury Bond Futures and a simultaneous short position in 10-year US Treasury Ultra Bond Futures. For comprehensive details on the index's methodology, please refer to www.solactive.com. Like other Amundi ETFs, this fund provides an efficient, transparent, liquid, and economical pathway to gain exposure to its reference benchmark.