Lyxor Launches Broad Region ETFs
The two new funds allow investors access to North America and the Pacific ex Japan
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.
