A new exchange-traded fund (ETF) issued by Lyxor has been tradable on Xetra since Tuesday.
ETF name: Lyxor ETF iBoxx € Liquid High Yield 30
Asset class: bond index ETF
ISIN: FR0010975771
Total expense ratio: 0.45 percent
Distribution policy: non-distributing
Benchmark: Markit iBoxx EUR Liquid High Yield 30
Lyxor ETF iBoxx € Liquid High Yield 30 enables investors to participate in the performance of 30 corporate bonds denominated in euros with a rating below invest grade. The selected bonds are strong performers with terms longer than 15 months. The underlying index contains solely bonds with an outstanding volume of a minimum of €500 million.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 798 exchange-listed ETFs, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of around €13 billion, makes Xetra Europe’s leading trading venue for ETFs.
