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Lyxor Expands Fixed Income Range
By IU.eu Staff | November 17, 2009 4:00 am

Lyxor has listed two new bond ETFs on NYSE Euronext Paris.

The Lyxor ETF EuroMTS AAA Government Bond ETF, which carries a management fee of 0.165% per annum, tracks the recently launched government bond index of the same name.

According to the factsheet of the index provider, EuroMTS, the index weightings at end-September were (by country) Germany (41%), France (39%), Netherlands (10%), Austria (8%) and Finland (2%).  At the same date the index had a gross redemption yield of 3.27% and a duration of 6 years.

The second ETF, the Lyxor ETF Corporate Bond ex-Financials fund, tracks the Markit iBoxx Euro Liquid Corporates ex-Financials index.  This index comprises twenty investment grade bonds issued by investment-grade corporations, excluding those in the financial sector, and carries a fee of 0.2% per annum.

According to the website of index provider Markit, the index had a gross redemption yield of 3.91% and a duration of 4.27 years on November 16 2009.

 

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