Lyxor ETF listed two new ETFs from Tuesday on the London Stock Exchange
Below is the Tables with the relevant data:
|Product Name||Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF – Dist|
|Underlying||S&P 500 Paris-Aligned Climate Net Total Return Index|
Lyxor Net Zero 2050 S&P 500 Climate PAB (DR) UCITS ETF – Dist is a UCITS compliant exchange traded fund that aims to track the S&P 500 Paris-Aligned Climate Net Total Return Index.
The index is designed to measure the performance of eligible securities from the parent S&P 500 index, selected and weighted to be collectively compatible with a 1.5°C global warming climate scenario at the index level.
|Product Name||Lyxor Corporate Green Bond (DR) UCITS ETF – Acc|
|Underlying||Solactive EUR USD IG Corp Green Bond Index|
Lyxor Corporate Green Bond (DR) UCITS ETF – Acc is a UCITS compliant exchange traded fund that aims to track the benchmark index Solactive EUR USD IG Corp Green Bond.
The benchmark index is representative of the performance of investment grade rated Green Bonds issued by corporates and denominated in EUR and USD.
To be eligible for inclusion in the Index, a bond must be considered a “Green Bond” by the Climate Bonds Initiative and meet specific criteria pertaining, in particular, to its issue size (at least 300 million outstanding amount), maturity (at least one year until maturity), ratings (only investment grade bonds are eligible) and denomination currency (EUR and USD).
An ESG screen is also applied to the index to exclude issuers based on exposure to controversial businesses and those which are subject to UN Sanctions and/or “Non-Compliant” with regard to the Overall Global Compact Compliance.