Deutsche Börse has further expanded its XTF segment for exchange-traded index funds (ETFs) on the pan-European Xetra trading platform. Five further exchange-traded funds issued by Lyxor Asset Management, a subsidiary of Société Générale, have been tradable in XTF since Wednesday.
The Lyxor ETF DAXplus Protective Put (ISIN: LU0288030280) allows investors to participate in the performance of the DAXplus® Protective Put strategy index. The index, launched by Deutsche Börse, tracks what is known as the protective put strategy. This traditional hedging strategy involves purchasing a standardized on the DAX® index. The aim of the strategy is to protect a portfolio against price loss without having to forgo capital gains.
The Lyxor ETF DJ Euro STOXX 50 BuyWrite (ISIN: FR0010389205) tracks the performance of the DJ Euro STOXX 50 BuyWrite strategy index. The buy write strategy (covered call strategy) is an optional strategy that aims to generate a yield in excess of that offered by the stock market while reducing the risk incurred at the same time. The DJ Euro STOXX 50 BuyWrite Index combines a DJ Euro STOXX 50 investment with the sale of a call option. The premium from the sale of the option provides a risk cushion compared with a pure investment in the DJ Euro STOXX 50. The DJ Euro STOXX 50 index includes 50 euro zone equities.
The Lyxor ETF PRIVEX (ISIN: FR0010407197) tracks the performance of the PRIVEX equity index, the Private Equity Total Return Index, launched by Société Générale in cooperation with Dow Jones Indices. The PRIVEX tracks the performance of the share prices of the world’s largest private equity companies.
The Lyxor ETF EuroMTS 5-7Y (ISIN: FR0010411413) and the Lyxor ETF EuroMTS 7-10Y (ISIN: FR0010411439) allow investors to participate in the performance of the EuroMTS 5-7Y and EuroMTS 7-10Y bond indices. The two EuroMTS indices include government bonds from euro zone member states with a term of between five and seven, and seven and ten years respectively.
Deutsche Börse’s XTF segment is Europe’s leading market place for trading in ETFs. Deutsche Börse’s XTF segment accounts for around 40 percent of the entire trading volume in exchange-traded index funds across Europe. Furthermore, with a current total of 203 ETFs, XTF offers more listed ETFs than any other European stock exchange.
