BIt welcomed the first structured ETF
Lyxor ETF DJ Euro Stoxx 50 BuyWrite will be traded starting from may 8th 2007
May 07 2007 - 19:03
"Lyxor ETF DJ Euro Stoxx 50 BuyWrite" will be listed on The Open-end Structured Funds - class 1 segment of ETFplus market. The investment target of the new ETF is to mirror the performance of the DJ Euro Stoxx 50 BuyWrite index. The index reflects the so called "BuyWrite" strategy, with this an investor buys the DJ Euro Stoxx 50 Total return as underlying instruments and simultaneous sells a DJ Euro Stoxx 50 call option 5% out of the money on a monthly basis.
The "Lyxor ETF DJ Euro Stoxx 50 BuyWrite" is a French funds UCIT’s III compliant managed by Lyxor International Asset Management (Société Général Group).
Main characteristics:
Total Expense Ratio: 0.40%
ISIN Code: FR0010389205
Trading Code: DJBW
Multiplier: 1/10
Currency: Euro
Specialist: Société Générale
Please download the relevant public notice:
VISUALIZZA PDF