Nine new ETFs issued by Lyxor International Asset Management have been tradable in Deutsche Börse’s XTF segment since Monday.
The nine new Lyxor ETFs based on the S&P 500 Select Sector Capped 20% Indices enable investors for the first time to participate in the performance of American companies from the following sectors: consumer discretionary, consumer staples, energy, financials, health care, industrials, materials, technology and utilities.
The S&P 500 Select Sector Capped 20% index series only includes companies from the S&P 500. The weight of each stock is based on its float-adjusted market capitalisation and limited to 20% of the index.
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 965 exchange-listed index funds, making it the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of EUR12 billion, makes Xetra Europe’s leading trading venue for ETFs. Xetra® and XTF® are registered trademarks of Deutsche Börse AG.
