Lyxor Smart Overnight Return

TheLyxor Smart Overnight Return - UCITS ETF C-EUR is a UCITS compliant exchange traded fund that aims to achieve short term returns higher than the Euro Short-Term Rate (€STR) with extremely low volatility. The fund is actively managed and invests in a diversified portfolio of financial instruments and repurchase agreements, in an environment of strict risk and liquidity monitoring.

€STR reflects the wholesale euro unsecured overnight borrowing costs of banks located in the euro area. €STR is calculated and published by the ECB..