New Lyxor ETF on Xetra: First ETF on DAX 50 ESG Index
New Lyxor ETF on Xetra: First ETF on DAX 50 ESG Index
Since Wednesday, a new ETF issued by Lyxor International Asset Management is tradable on Xetra and Börse Frankfurt.
The Lyxor 1 DAX 50 ESG UCITS ETF – Dis enables investors to invest in a selection of 50 shares from the indices DAX, MDAX and TecDAX by taking sustainability criteria into account. Companies that are active in controversial business areas such as gambling, tobacco, nuclear energy, powered coal, weapons or armaments are excluded.
The index is weighted according to market capitalisation, the maximum share of a company is limited to 7 per cent.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor 1 DAX 50 ESG UCITS ETF - Dis | Equity ETF | DE000ETF9090 | 0.23 per cent | Distributing | DAX 50 ESG TR Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,536 ETFs. With this selection and an average monthly trading volume of around €13 billion, Xetra is the leading trading venue for ETFs in Europe.