New Lyxor ETF on Xetra: Eurozone Green Government Bonds
New Lyxor ETF on Xetra: Eurozone Green Government Bonds
A new exchange-traded fund from issuer Lyxor International Asset Management has been tradable on Xetra and Börse Frankfurt since Thursday.
The Lyxor Euro Government Green Bond (DR) UCITS ETF - Acc gives investors access to fixed-income and euro-denominated green government bonds of the eurozone. In addition to an investment grade rating, the debt instruments must have a residual maturity of at least one year and a minimum outstanding volume of €300 million when included in the index.
Green bonds are debt instruments that have a positive impact on the environment. They are used to finance climate and environmental projects for alternative energies, environmentally friendly buildings, sustainable water management or reduction of greenhouse gases.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor Euro Government Green Bond (DR) UCITS ETF - Acc | Bond ETF | 0.20 per cent | accumulating | Solactive Euro Government Green Bond Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,673 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.