Lyxor Expands Smart Beta ETF Range

Lyxor Expands Smart Beta ETF Range

The five funds track risk factors from low size to value across European equities  

RachaelRavesz_100x66.jpg
|
Editor, etf.com Europe
|
Reviewed by: Rachael Revesz
,
Edited by: Rachael Revesz

Lyxor has launched a range of smart beta exchange traded funds (ETFs) which track risk factors from low size to value.

The five funds cover European equity indexes which are tilted towards the following risk factors: value, low size, quality, low beta and momentum.

All of the underlying indexes are provided by J.P.Morgan and the funds have a total expense ratio of 0.30 percent.

They listed on the Deutsche Börse today (10 July). The launch adds to Lyxor’s existing ranges of smart beta ETFs that follow global equities and equities from the European Economic Monetary Union.

The French provider has been busy with new launches in 2015, including an ETF that tracks the Fed Funds Rate last week, a Euro high yield bond fund in April, a 25-year government bond ETF in March, and expanded its currency-hedged fund range in February.

Rachael Revesz joined etf.com in August 2013 as staff writer. Previously an investment reporter at Citywire, she has a background in writing content for retail financial advisors and has covered a wide range of subjects in finance. Revesz studied journalism at PMA Media, which has since merged with the Press Association. She also holds a B.A. in modern languages from Durham University, as well as CF1 and CF2 financial planning certificates from the CII.