Lyxor Euro Overnight Return UCITS ETF Acc

Description

Lyxor Euro Overnight Return UCITS ETF Acc is a money market ETF from Amundi tracking the Euro Overnight Return index through physical replication. Domiciled in Francia and launched in 2007, the fund manages about 3.2 bn € and charges a TER of 0.10% — 10 € per year on a €10,000 investment. Income is automatically reinvested in the fund (accumulating).

The fund in context

Lyxor Euro Overnight Return UCITS ETF Acc competes with 10 other products in the same class and region (Money market, Global): it ranks 1st by fund size and 4th by ongoing cost, with a TER of 0.10% against a group median of 0.10%. It has been listed since 2007, 19 years of track record — the oldest in its comparison group.

On a €10,000 investment the TER costs 10 € a year, against 10 € for the median product in the category.

Replication is physical: the fund holds the underlying securities directly.

Income is accumulated: no distribution is paid out, the share price absorbs it. In a savings plan this removes the need to reinvest dividends by hand. The fund is denominated in EUR. That is not the same as currency risk: the exposure comes from the currencies of the underlying holdings, not from the denomination or the trading currency of a given listing.

The fund is domiciled in Francia, which determines the tax treatment of income received by the fund and the supervisory authority.

Stock exchange listings

Compare with similar ETFs

• SMTC — Amundi Smart Overnight Return USD Hedged UCITS ETF Acc 0.10%
• EXVM — iShares eb.rexx Money Market UCITS ETF (DE) 0.13%
• XEOD — Xtrackers II - EUR Cash Swap UCITS ETF 0.10%
• YCSH — iShares EUR Cash UCITS ETF EUR Acc EUR 0.10%

Compare brokers

• Scalable Capital
• Trade Republic

ETF savings plans