New Lyxor ETFs on Xetra: high-yield bonds from ESG companies worldwide

Release date: 16 Mar 2021 | Deutsche Börse Cash Market

New Lyxor ETFs on Xetra: high-yield bonds from ESG companies worldwide

Two new exchange traded funds issued by Lyxor International Asset Management have been tradable on Xetra and Börse Frankfurt since Tuesday.

With the Lyxor USD High Yield UCITS ETF - Dist, investors invest in fixed-rate, US dollar-denominated high-yield corporate bonds from developed markets that meet sustainability criteria. The sectors considered are industrials, utilities, and financial services, as well as bonds with an outstanding volume of at least USD 300 million and a residual term of at least one year. Accruing interest payments are distributed to the investors.

Companies with significant business activities in the areas of nuclear energy, tobacco, thermal coal, alcohol, gambling, weapons, and genetically modified organisms are excluded. Furthermore, companies must not be involved in controversial activities that violate applicable norms or social standards and could lead to legal disputes. This applies, for example, to the careful handling of the company's own workforce or the sensitive data of customers, as well as sustainable and environmentally friendly production.

The Lyxor USD High Yield UCITS ETF - Monthly Hedged to EUR - Dist offers investors a currency hedge against the euro.

Name

Asset class

ISIN

Ongoing charges

Distribution policy

Reference index

Lyxor USD High Yield UCITS ETF - Dist

Bond ETF

LU1435356149

0.25 per cent

Distributing

Bloomberg Barclays MSCI US Corporate High Yield SRI Sustainable Index

Lyxor USD High Yield UCITS ETF - Monthly Hedged to EUR - Dist

Bond ETF

LU1435356495

0.30 per cent

Distributing

Bloomberg Barclays MSCI US Corporate High Yield SRI Sustainable Hedged to EUR Index

The product offering in Deutsche Börse's XTF segment currently comprises a total of 1,647 ETFs. With this selection and an average monthly trading volume of around €16.5 billion, Xetra is the leading trading venue for ETFs in Europe.


Further information