"Lyxor EuroMTS Highest Rated Macro-Weighted Govt Bond 3-5Y (DR) UCITS ETF - Acc" is an exchange-traded investment fund (ETF). It refers to the FTSE MTS Mid Price Highest Rated Macro-Weighted 3-5 Index. This index reflects the development of government bonds . The ETF replicates its index using full physical replication, so it contains all the securities of its reference index. The ETF's earnings (interest payments) are automatically reinvested (accumulated). The fund company Lyxor claims a total expense ratio (TER) of 0.17% per year. The yearly average divergence from the index performance (Tracking Difference) since 2012 was 0.16% per year. Therefore, the ETF was slightly less expensive than the TER suggests.