New Lyxor ETF on Xetra: Investment in "Green Bonds" with focus on sustainability
New Lyxor ETF on Xetra: Investment in "Green Bonds" with focus on sustainability
A new ETF of Lyxor International Asset Management has been tradable on Xetra and Börse Frankfurt since Tuesday.
The Lyxor Green Bond ESG Screened (DR) UCITS ETF gives investors the opportunity to invest in green bonds which are used to finance climate and environmental projects and were awarded by the Climate Bonds Initiative.
The benchmark index is the Solactive Green ESG Bond EUR USD IG TR Index, which includes investment grade bonds denominated in euros or US dollars. In addition, issuers are reviewed for the integration of ESG criteria. Companies related to fossil fuels, nuclear power or other controversial businesses are excluded. The bonds must have a minimum volume of USD 300 million and a minimum maturity of one year.
The index is calculated as a Total Return Index in Euro, weighted by market value.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor Green Bond ESG Screened (DR) UCITS ETF | ETF | LU1981859819 | 0.25 per cent | Accumulating | Solactive Green ESG Bond EUR USD IG TR Index |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,498 ETFs. With this selection and an average monthly trading volume of around EUR 11 billion, Xetra is the leading trading platform for ETFs in Europe.