New Lyxor ETF: 100 largest US companies excluding financial sector with double leverage
New Lyxor ETF: 100 largest US companies excluding financial sector with double leverage
Since Thursday, a new exchange traded fund issued by Lyxor International Asset Management is tradable on Xetra and Börse Frankfurt.
With the Lyxor Nasdaq-100 Daily (2x) Leveraged UCITS ETF - Acc investors invest in the 100 largest non-financial companies listed on the Nasdaq stock market. The various industry groups include computer hardware and software, telecommunications, retail, wholesale and biotech. The performance of the Nasdaq 100 index is represented by a double leverage. If the underlying index rises or falls by two per cent, the ETF would rise or fall by four per cent after deducting the financing costs.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
Lyxor Nasdaq-100 Daily (2x) Leveraged UCITS ETF - Acc | Equity ETF | FR0010342592 | 0.60 per cent | Accumulating | Nasdaq 100 Leveraged Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,605 ETFs. With this selection and an average monthly trading volume of around €15 billion, Xetra is the leading trading venue for ETFs in Europe.