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September 2026 update

Amundi US Curve steepening 2-10Y UCITS ETF GBP Hedged Dist · LU2018762901 · STPH
Rebalix monthly basket snapshot: 1 September 2026
In brief: 29 holdings added and 18 removed from the basket · 9 weight changes beyond ±0.25 points · NAV change over the period +0.1% (ongoing) · costs and key facts unchanged.

29 holdings entered the basket and 18 left.

Declared positions
91
79 → 91 · Δ +12
as of 1 Sept
Top-10 weight
67.9%
concentration
NAV change over the period
+0.1%
in GBP · 31 Aug → 8 Sept
ongoing period
Assets at month end
22 mln £
+0.0% in the month

Synthetic replication: the recorded list is the substitute basket, not the index exposure.

Basket

Source: basket file published by the issuer, as of 19 Aug and 1 Sept, compared holding by holding by Rebalix (cash excluded, lines of the same holding merged).

Holdings added (29)

INTL DIST SER 1.25% Oct261.27%
NATIONWIDE BL 1.125% May28 EMTN0.82%
FRESENIUS SE 2.75% Sep29 EMTN0.72%
FASTIGHETS AB 3.625% Aug31 EMTN0.41%
MORGAN STANLE VAR Oct280.41%
FLUTTER TREAS 4% Jun310.38%
NATIONWIDE BL 3.125% Aug32 EMTN0.37%
STRYKER CORP 1% Dec310.35%
and 21 more, each ≤ 0.32%

Holdings removed (18)

FRENCH REPUBL OAT 3.25% 25May551.67%
TELEFONICA EM 1.447% Jan27 EMTN1.47%
CELLNEX FINAN 2% Feb33 EMTN1.32%
RCI BANQUE 4.625% Oct26 EMTN1.04%
APPLE INC 0.5% Nov310.85%
FRANCE 0% 25Apr290.42%
SUEZ 1.5% Apr29 EMTN0.35%
GERMANY BRD 5.5% 04Jan310.34%
and 10 more, each ≤ 0.33%

Holdings compared (excluding cash instruments, lines of the same holding merged): 79 → 90, issuer files of 19 Aug and 1 Sept.

Weight changes beyond ±0.25 points (9)

ITALIAN REPUB BTPS 3.1% 15Sep26
10.712.3% · +1.69 p.p.
BAUSPARK WUES 0.01% Oct27
2.10.7% · 1.39 p.p.
GERMANY PPAL 0% 04Jan37
28.029.1% · +1.05 p.p.
BPIFRANCE 2.125% Nov27
1.10.4% · 0.72 p.p.
BNG BANK NV 2.75% Oct27 EMTN
2.01.3% · 0.70 p.p.
BANK OF MONTR 0.125% Jan27
1.91.3% · 0.57 p.p.
GERMANY PPAL 0% 04Jul42
12.513.0% · +0.44 p.p.
VERIZON COMM 1.375% Nov28
1.20.9% · 0.32 p.p.

and 1 more.

NAV over the period

Source: daily NAV series published by the issuer.

NAV over the period (GBP)

10.5410.5610.55
31 Aug8 Sept

10.54 → 10.55: +0.1% from 31 Aug to 8 Sept, the last NAV available at each snapshot date.

Costs and key facts

Source: issuer KID (costs as of 2 Sept); Rebalix events register.

TER
0.35%
unchanged
Transaction costs (KID)
0.00%
unchanged
Index, name, policy
unchanged
Issuer-declared basket snapshots, compared by Rebalix. Each section states its own dates: the basket comparison uses the issuer file dates; top 10, composition and breakdowns the dates of the two archived snapshots; maturities, ratings and duration the monthly registry snapshots. Weight changes are shown above ±0.25 points (the archive records them from ±0.1). We record the past: nothing on this page is a recommendation.