Bond index ETF invests in bonds with focus on sustainability…
A new exchange traded fund (ETF) issued by Lyxor has been tradable on Xetra and Börse Frankfurt since Wednesday.
The Lyxor Green Bond (DR) UCITS ETF enables investors to participate in the performance of green bonds issued by investment-grade companies and denominated in euros or US dollars. Green bonds are issued to finance sustainable projects with a positive environmental impact. The exchange rate risk between the US dollar and the euro is minimised.
Name: Lyxor Green Bond (DR) UCITS ETF – Monthly hedged
Asset class: bond index ETF
ISIN: LU1563454823
Ongoing charges: 0.30 percent
Distribution policy: accumulating
Benchmark: Solactive Green Bond EUR USD IG Index
Source: ETFWorld