New Lyxor ETF on Xetra: leading ESG companies worldwide
New Lyxor ETF on Xetra: leading ESG companies worldwide
A new exchange-traded fund issued by Lyxor International Asset Management has been tradable on Xetra and Börse Frankfurt since Thursday.
With the Lyxor MSCI World ESG Leaders Extra (DR) UCITS ETF - Dist, investors participate in a portfolio of large and medium-sized companies from 23 developed nations worldwide.
Based on the MSCI World, only companies that rank among the best within their sector in terms of ESG criteria and show a positive trend in the improvement of their sustainability profile are selected. At the same time, the original sector weightings are tried to be maintained. Companies with significant business activities in the areas of alcohol, tobacco, gambling, adult entertainment, nuclear energy, weapons, and genetically modified organisms are excluded and therefore not represented in the index.
Name | Asset class | ISIN | On-going charges | Distribution policy | Reference index |
Lyxor MSCI World ESG Leaders Extra (DR) UCITS ETF - Dist | Equity ETF | 0.18 per cent | Distributing | MSCI World Select ESG Rating and Trend Leaders Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,712 ETFs. With this selection and an average monthly trading volume of around €17 billion, Xetra is the leading trading venue for ETFs in Europe.