New Lyxor ETF launched in the XTF segment on Xetra
A new exchange-traded equity index fund issued by Lyxor Asset Management – The Lyxor UCITS ETF Japan (TOPIX) – is now tradable in Deutsche Börse’s XTF segment.
The ETF enables investors to participate in the performance of all Japanese equities that are admitted to official trading in the prime segment on the Tokyo Stock Exchange.
A daily currency hedging strategy also hedges the ETF against exchange rate fluctuations between the euro and the Japanese yen.
The TOPIX price index is weighted by market capitalisation and currently comprises over 1,600 Japanese stock corporations.
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