Bringing you live news and features since 2006 

Ossiam launches leveraged US Steepener ETF with Solactive index


French Asset Manager Ossiam has launched the Ossiam US Steepener UCITS ETF on Deutsche Börse Xetra, tracking the Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 Index, giving investors the opportunity to benefit from a potential steepening of the US Treasury yield curve.

The strategy of the Solactive US Treasury Yield Curve Steepener 2-5 vs 10-30 Index consists of a long/short strategy, which places a long position in two-year and five-year US Treasury bond futures and a short position in ten-year and thirty-year US Treasury bond futures. To harvest further performance from the movement of the US Treasury yield curve, Solactive equips the index with a multiplier leveraging on both directions the action of the yield curve by a factor of ten. 

“This is a timely launch of this ETF, considering the yield curve is at its flattest for over a decade. Depending on how the Fed’s interest rate decision plays out compared to market expectations, optimistic investors could generate returns for their fixed income portfolio and place strategic positions,” says Timo Pfeiffer, Head of Research at Solactive. “The ETF provides investors with another tool to play the yield curve and position themselves for a steepening curve play.” 

Already earlier this month, Solactive supplied the underlying for another ETF launch concerning the US Treasury bond futures. With the Lyxor US Curve Steepening 2-10 ETF, French asset manager Lyxor issued the first US Treasury Steepener ETF in Europe. The fund tracks the performance of the Solactive USD Daily (x7) Steepener 2-10 Index, which on the one hand holds a long position in two-year US Treasury bond futures while on the other hand places a short position in ten-year US Treasury ultra-bond futures. Furthermore, the index’ multiplier aims for every increase or decrease of a basis point to mirror the performance with approximately a seven points movement. 

Latest News

Figment Europe, a provider of institutional staking infrastructure, writes that it is solidifying its presence in the heart of Europe’s..
Saving and investing app, Moneybox, has doubled the number of ETFs available on the platform, in the light of ‘growing..
Global X ETFs has announced the appointment of Ryan O'Connor as its Chief Executive Officer effective as of April 8, 2024. ..
Value-driven structured credit investing firm, Angel Oak Capital Advisors, LLC, has announced the completed conversions of two of its mutual..

Related Articles

Sal Esposito, Zacks Investment Management
Zacks Investment Management started doing investment research in 1978 and in 1992 started its investment management arm, initially with SMAs...
Jeremy Senderowicz, Vedder Price
Jeremy Senderowicz, a member of the Investment Services Group at law firm Vedder Price, has witnessed a steady upswing in...
Graham MacKenzie, Toronto Stock Exchange
The evolution of ETFs has been a multi-decade experience for Toronto Stock Exchange says Graham MacKenzie, managing director, Exchange Traded...
Frank Koudelka, State Street Global Services
ETF data provider and ETF Express data partner, Trackinsight, has published its Global ETF Survey 2024 Report: ‘50+ Charts on...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by