Lyxor Launches Broad Region ETFs

The two new funds allow investors access to North America and the Pacific ex Japan  

Editor, Europe
Reviewed by: Rachael Revesz
Edited by: Rachael Revesz

Lyxor has launched two exchange traded funds (ETFs) that allow investors to gain broad equity access to two large regions: North America and Pacific ex Japan.

The Lyxor MSCI North America UCITS ETF (ticker NORX) costs 0.20 percent in fees and the Lyxor MSCI Pacific Ex Japan UCITS ETF (ticker PAXJ) is 0.30 percent. They are both swap-based and listed in Paris in April and May respectively, and the former also listed in London.

The Pacific fund tracks equities in countries like Australia, Singapore, Hong Kong and New Zealand. Both their underlying benchmarks represent 85 percent of the market capitalisation of each country within the respective index.

Lyxor has been busy this year, launching more currency-hedged ETFs, a euro high yield bond ETF and a 25 year government bond ETF.

Rachael Revesz joined 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.