"Lyxor STOXX Europe 600 Banks UCITS ETF - Acc" is an exchange-traded investment fund (ETF). It refers to the STOXX Europe 600 Banks Index. This index reflects the development of European stocks . The ETF replicates its index using synthetic replication, so the index performance is realized using a swap contract. The ETF's earnings (dividends) are automatically reinvested (accumulated). The fund company Lyxor claims a total expense ratio (TER) of 0.30% per year.