With the two new ETFs, Lyxor ETF MSCI EMU Growth (ISIN: FR0010168765) and Lyxor ETF MSCI EMU Value (ISIN: FR0010168781), Lyxor is extending its range of exchange-traded index funds on style indices for growth and value stocks. The third ETF is the Lyxor ETF MSCI EMU Small Cap (ISIN: FR0010168773), an exchange-traded index fund on a European small cap index that tracks the performance of the most liquid stocks of the euro zone with a market capitalization between €200 million and €1.5 billion. The acquisition of the three new ETFs via Deutsche Börse does not involve a front-end load, and the annual management fee is 0.4 percent. Société Générale will act as Designated Sponsor.
The XTF segment of Deutsche Börse is Europe’s leading market place for exchange-traded funds, with a market share of 54 percent. With currently 75 index funds, it offers the largest range of any European stock market. In the second quarter of 2005, the XTF segment generated with €11.45 billion the highest quarterly turnover since the introduction of the segment. Fund assets under management in the XTF segment reached a record high of €20.98 billion at the end of June 2005. In the second quarter of 2005, ten new ETFs were launched in the XTF segment on Xetra. These were among others the world’s first commodity index ETF, the first ETF on an index for Eastern Europe and new EU member states and the first European ETFs for dividend strategies.
