Four new exchange-traded funds issued by Lyxor International Asset Management have been tradable in the XTF segment since Thursday.
The new funds are based on fundamental indices from the FTSE RAFI series.
Unlike conventional indices, which are based on the market value of securities, the constituents of this index series are selected on the basis of four fundamental criteria: sales revenue, cash flow, dividends and book value.
The new funds are as follows: Lyxor ETF FTSE RAFI US 1000 (ISIN: FR0010400804), Lyxor ETF FTSE RAFI Japan (ISIN: FR0010400796), Lyxor ETF FTSE RAFI Europe (ISIN: FR0010400770) and Lyxor ETF FTSE RAFI Eurozone (ISIN: FR0010400788). This allows investors to make targeted investments in shares from the respective region, based on fundamental criteria. All products are quoted in euros, distribute annual dividends and charge a management fee of 0.75% per year.