A new exchange traded fund issued by Lyxor International Asset Management has been tradable on Xetra and Börse Frankfurt since Tuesday.
The Lyxor Core Euro Government Bond (DR) UCITS ETF – Dist gives investors access to fixed-income and euro-denominated government bonds of the eurozone. In addition to an investment grade rating, the debt instruments must have a maturity of at least one year and a minimum outstanding volume of €2.5 billion when included in the index. Accruing coupon payments are distributed to the investors.
|Name||Asset class||ISIN||Ongoing charges||Distribution policy||Reference index|
|Lyxor Core Euro Government Bond (DR) UCITS ETF – Dist||Bond ETF||LU2329745918||0.07 per cent||Distributing||FTSE EMU Government Bond Index|
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,651 ETFs. With this selection and an average monthly trading volume of around €17.5 billion, Xetra is the leading trading venue for ETFs in Europe.