Four more equity index funds and two more bond index funds from Société Générale subsidiary Lyxor International Asset Management’s exchange-traded fund offering are now trading on Xetra.
With the four equity index ETFs, Lyxor is offering investors the opportunity to participate in the performance of the MSCI real estate indices for the first time.
The indices track the performance of companies whose core business is in Asian (ex-Japan), European, US and global real estate markets. This also includes shares in companies in real estate investment, and real estate management and development.
One of the two new bond index ETFs enables investors to participate in the development of the EuroMTS AAA Government Index for the first time. The underlying index tracks the value of euro-denominated government bonds issued in the euro zone and with AAA ratings.
Investors also have the opportunity to participate in the performance of the Markit iBoxx Euro Liquid Corporate Non Financials Index for the first time. This index contains up to 20 euro-denominated government bonds from companies outside the financial sector.
In order for a bond to be included in the index it must have a nominal issue volume of at least EUR750m, have been issued at least three years ago and have a residual maturity of at least 18 months. The companies are required to have a rating of BBB– or better.