Lyxor International Asset Management, a subsidiary of Société Générale, has added two more exchange-listed index funds to its offering on Xetra.
The Lyxor ETF S&P 500 enables investors to track the performance of the S&P 500 Price Index, which is weighted according to free float market capitalisation and in turn tracks the performance of the 500 largest US stock corporations.
The Lyxor ETF S&P TSX 60, meanwhile, allows investors to participate in the performance of the TSX 60 Index, which comprises the 60 leading Canadian companies, together representing 73 per cent of Canada’s market capitalisation.
Both ETFs began trading on Thursday and their launch brings the total of ETFs now listed in Deutsche Börse’s XTF segment to 668. An average monthly trading volume of some EUR13bn also makes Xetra Europe’s leading trading venue for ETFs.
