New Lyxor ETF on Xetra: Top 400 Japanese equities with currency hedging
New Lyxor ETF on Xetra: Top 400 Japanese equities with currency hedging
A new Exchange Traded Fund of Lyxor International Management has been tradable on Xetra and Börse Frankfurt since Monday.
The Lyxor JPX-Nikkei 400 (DR) UCITS ETF - Daily Hedged to EUR - Dist offers investors the opportunity to participate in the performance of 400 companies listed on the Tokyo Stock Exchange. The benchmark index is the JPX-Nikkei 400 Net Total Return Daily EUR Hedged Index. The stocks included in the index are selected not only on the basis of market capitalisation, but also on the basis of fundamental data such as return on equity, operating result and corporate governance.
The fund also uses a daily currency hedging strategy to mitigate fluctuations in the exchange rate between the fund currency and the currency of the components of the index.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor JPX-Nikkei 400 (DR) UCITS ETF - Daily Hedged to EUR - Dist | Equity ETF | LU1646360542 | 0.25 | Distributing | JPX-Nikkei 400 Net Total Return Daily EUR Hedged Index |
The product range in Deutsche Börse's XTF segment currently comprises a total of 1,509 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.