ETF includes all five risk factors of J.P. Morgan Equity Risk Premia index family for the first time…
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A new exchange-listed index fund issued by Lyxor International Asset Management has been tradable on Xetra and Börse Frankfurt since Friday.
Name: Lyxor J.P. Morgan Multi-Factor Europe Index UCITS ETF
Asset class: equity index ETF
Ongoing charges: 0.4%
Distribution policy: accumulating
Reference index: J.P. Morgan Equities Risk Premia – Europe Multi Factor Long (EUR)
The new “Lyxor J.P. Morgan Multi-Factor Europe Index UCITS ETF” tracks the performance of all European stock corporations in the five J.P. Morgan Equity Risk Premia Europe indices. The ETF thus combines different investment approaches that are designed in accordance with the following criteria and equally weighted in the reference index:
– Low size: companies with low market capitalisation
– Value: price-to-earnings ratio, price-to-book ratio and cash flow –
– Quality: return on equity, debt ratio and net profit margin
– Low beta: companies with a low beta factor
– Momentum: companies with high positive volatility
The product offering in Deutsche Börse’s XTF segment currently comprises a total of 1,086 exchange traded funds. This selection, together with an average monthly trading volume of around €16 billion, makes Xetra Europe’s leading trading venue for ETFs.