Lyxor Expands Smart Beta ETF Range
The five funds track risk factors from low size to value across European equities
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.
