# Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution (INFB) **Page:** https://fundology.uk/fund/infb · ISIN LU2418815390 ## At a glance > Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise. As of 13/11/2026, INFB (Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution, ISIN LU2418815390) closed at £122.24 on the London Stock Exchange. Its ongoing charge is 0.30% a year (about £30 on £10,000). Over the three years to 13/11/2026 its total return was +12.4%, or +1.6% after UK CPIH inflation. ## Summary Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution is an exchange-traded fund (ETF) from Amundi, launched in 2021. It tracks the Markit iBoxx USD Breakeven 10-Year Inflation Index - USD. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.3% a year — about £30 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year. It is currency-hedged: it aims to remove most of the effect of exchange-rate moves against the pound. Latest close: **£122.24** (13/11/2026). ## Key facts | Fact | Value | |---|---| | Ticker (LSE) | INFB | | ISIN | LU2418815390 | | Category | Corporate & other bonds | | Type | ETF | | Provider | Amundi | | Tracks | Markit iBoxx USD Breakeven 10-Year Inflation Index - USD | | Income | Distributing | | Ongoing charge | 0.30% a year (£30 per £10,000) | | Fund size | £909k | | Launched | 2021 | | Domicile | Luxembourg | | UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 15/12/2021 | ## Past returns (periods to 13/11/2026) After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation. | Window | Return | After CPIH inflation | Measured as | |---|---|---|---| | 1 year | +3.42% | -0.24% | income reinvested | | 3 years | +12.41% | +1.56% | income reinvested | Returns: as reported (delayed data). Inflation: UK CPIH, latest month published. ## Calendar-year returns Calendar-year returns of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution in pounds (price only, income paid out not included): 2022 +0.8%, 2023 +3.7%, 2024 +6.4%, 2025 +3.3%; 2026 to 13/11/2026 +3.9%. Returns of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: +4.2%; to 30/09/2025: +5.7%; to 30/09/2024: +3.2%; to 30/09/2023: +6.0%. | Year | Return | After CPIH inflation | Measured as | |---|---|---|---| | 2022 | +0.8% | -7.7% | Price | | 2023 | +3.7% | -0.4% | Price | | 2024 | +6.4% | +2.7% | Price | | 2025 | +3.3% | -0.2% | Price | | 2026 to 13/11/2026 | +3.9% | +0.6% | Price | ## Risk metrics | Window | Volatility | Max drawdown | |---|---|---| | 1 year | 2.29% | -1.17% | | 3 years | 2.95% | -1.90% | ## Largest fall Volatility of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution in pounds, annualised from weekly returns to 13/11/2026: 2.3% over 1 year, 3.0% over 3 years. Largest fall in the price of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution since December 2021, in pounds: −5.8% from 29/04/2022 to 30/09/2022. The lowest 12-month return of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution in pounds (price only, income paid out not included) since December 2021 was −3.4% (12 months to 28/04/2023); the highest was +7.2% (12 months to 31/05/2024). On 13/11/2026 the price of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution was 0.6% below its highest weekly close since December 2021 (30/10/2026), in pounds. ## Charges compared with similar funds Ongoing charge of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution 0.30% a year. Compared on 14/11/2026, 140 of the 427 other corporate and other bond funds charge more, 22 the same and 265 less (share classes counted once). ## Funds tracking the same index 2 funds track Markit iBoxx USD Breakeven 10-Year Inflation Index - USD, this one included and share classes counted once; their ongoing charges range from 0.25% to 0.30% a year (13/11/2026). | Fund | Ongoing charge | 1 year | 3 years | 5 years | |---|---|---|---|---| | Amundi US Inflation Expectations 10Y ETF | 0.25% | +2.6% | +4.4% | +23.1% | | Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution (this fund) | 0.30% | +3.4% | +12.4% | — | Returns are as reported, in pounds, income reinvested unless marked "(price)". ## Charges & eligibility - Ongoing charges figure (OCF): **0.30%** per year (as of 13/11/2026) - Stocks and shares ISA eligible: usually (check with your platform) - SIPP eligible: usually (check with your provider) - ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify. ## Questions people ask **What is the ongoing charge of INFB?** The ongoing charge of INFB is 0.30% a year — about £30 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of Multi Units Luxembourg SICAV - Lyxor US 10Y Inflation Breakeven UCITS ETF -Monthly Hedged to GBP- Distribution 0.30% a year. Compared on 14/11/2026, 140 of the 427 other corporate and other bond funds charge more, 22 the same and 265 less (share classes counted once). **What does INFB track?** INFB tracks the Markit iBoxx USD Breakeven 10-Year Inflation Index - USD. **Is INFB accumulating or distributing?** INFB is distributing: income is paid out to holders as cash, usually a few times a year. It pays out annual. **What is the ISIN of INFB?** The ISIN of INFB is LU2418815390. An ISIN identifies one exact share class of a fund; INFB is its ticker on the London Stock Exchange. **What were INFB’s returns in each of the last five years?** Calendar-year returns of INFB in pounds (price only, income paid out not included): 2022 +0.8%, 2023 +3.7%, 2024 +6.4%, 2025 +3.3%; 2026 to 13/11/2026 +3.9%. Past performance is not a guide to future returns. **How has INFB done after inflation?** Over the three years to 13/11/2026 INFB’s total return was +12.4%, or +1.6% after UK CPIH inflation. Past performance is not a guide to future returns. ## Fund documents - [Fund page at Amundi](https://www.amundietf.co.uk/en/professional/products/fixed-income/amundi-us-inflation-expectations-10y-ucits-etf-gbp-hedged-dist/lu2418815390) - Links checked 12/10/2026. --- We show information. We are not financial advisers, not authorised by the FCA, and never recommend specific investments. Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.