New Lyxor equity index ETF is launched on pan-European Xetra trading platform of Deutsche Brse.
A subsidiary of Socit Gnrale, Lyxor International Asset Management issues The Lyxor ETF MSCI ASIA APEX 50.This index contains the 50 companies in terms of market capitalization thus the most liquid equities in Asia ex-Japan. The benchmark index of the new Lyxor ETF is calculated in US dollars and only includes countries with a minimum five percent weighting, in order to minimize currency risks.
Lyxor ETF tracks the performance of the MSCI ASIA APEX 50 Price Return Index including dividends. Now Deutsche Brse’s XTF segment consists of 370 exchange traded index funds.
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