Lyxor launches new currency hedged ETF focused on 100 largest NASDAQ companies excluding financial sector
Lyxor International Asset Management has launched the Lyxor Nasdaq-100 UCITS ETF - Daily Hedged to EUR on Xetra and Börse Frankfurt.
The Lyxor Nasdaq-100 UCITS ETF - Daily Hedged to EUR - Acc gives investors access to the 100 largest domestic and international companies listed on the Nasdaq stock market that do not belong to the financial sector.
Included sectors are biotechnology, computers, retail/wholesale, healthcare, telecom and transportation. Currency risks to the euro are minimised.