New Lyxor multi-factor ETF launched on Xetra

Release date: 07 Jun 2018 | Deutsche Börse Cash Market

New Lyxor multi-factor ETF launched on XetraETF offers investors access to large and mid-cap companies around the world

A new exchange traded fund issued by Lyxor International Asset Management is tradable on Xetra and Börse Frankfurt as of Thursday.

The equity index ETF enables investors to participate in the performance of large and mid-cap companies from industrialised countries. The benchmark index aims to offer absolute performance with low volatility and a low correlation with the broad spectrum of the equity market. The companies in the benchmark index are selected on the basis of six factors: size, value, momentum, low volatility, profitability and investment. The benchmark index al-so contains a short position on a broad capitalisation-weighted index in order to minimise the total beta of the equity market. The strategy includes leverage, which amplifies the up-ward and downward movements.

Name: Lyxor Scientific Beta Developed Long/Short UCITS ETF - EUR-Acc
Asset class: equity index ETF
ISIN: LU1810006863
Ongoing charges p.a.: 0.55 percent
Distribution policy: accumulating
Benchmark index: Scientific Beta Developed Multi-Beta Multi-Strategy Managed Volatility L/S Equity Market Neutral Index (x3.5) Index (Excess Return USD)

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,284 exchange traded funds. This selection, together with an average monthly trading volume of around €11 billion, makes Xetra Europe’s leading trading venue for ETFs.

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