Two new ETFs issued by Lyxor Asset Management have been tradable in Deutsche Börse’s XTF segment since Monday.
ETF name: Lyxor ETF SG Global Quality Income NTR Share Class D-EUR
Asset class: equity index ETF
ISIN: LU0832436512
Total expense ratio: 0.45 percent
Distribution policy: distributing
Benchmark: SG Global Income NTR Index
ETF name: Lyxor ETF S&P 500 VIX Futures Enhanced Roll
Asset class: volatility
ISIN: LU0832435464
Total expense ratio: 0.60 percent
Distribution policy: non-distributing
Benchmark: S&P 500 VIX Futures Enhanced Roll Index
The Lyxor ETF SG Global Quality Income tracks the performance of global high-quality companies in industrialised countries that can expect above-average dividend yields and a sustained increase in value. “Quality income” companies have a history of high profitability, efficiency and strong balance sheets.
The Lyxor ETF S&P 500 VIX Futures Enhanced Roll tracks the implied volatility of the stocks in the S&P 500 using VIX futures contracts with varying maturities. In quieter market phases, the ETF invests in longer dated futures contracts, while in periods of price volatility it buys contracts with terms of one to two months. This reallocation serves to minimise roll losses, which can occur in investments in futures with limited terms.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1006 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of €12 billion, makes Xetra Europe’s leading trading venue for ETFs.
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