New issue by Lyxor
Starting from January 18th 2008, 2 new ETFs on World Water Index Cap Weighted and World Alternative Energy Index Cap Weighted
Jan 10 2008 - 17:58
Borsa Italiana welcomes "Lyxor ETF World Water (Quote A)" and "Lyxor ETF New Energy (Quote A)", the 2 new ETFs, issued by Lyxor International asset managementare, are listed on the Open-end Index Funds - class 2 segment of ETFplus market .The investment target of the two ETFs is to mirror the performance of their benchmark indices:
World Water Index cap weighted: The index tracks the performance of companies that are active in the water business. The global index comprises companies which have their biggest share of revenues in either or several of the following investment clusters: water utilities, water infrastructure, water treatment. The index members are the 20 largest stocks from the list of eligible companies.
World Alternative Energy cap weighted: The index tracks the performance of stocks that are active in the alternative energy area. The global index comprises stocks of companies which have their biggest share of revenues in either or several of the following investment clusters: Distributed Energy, Energy Efficiency, and Renewable Energy. The index members are the 20 largest and most liquid stocks from the list of eligible companies.
The total expense ratio for both the 2 ETFs is equal to 0,60%.
Please download the relevant public notice:
VISUALIZZA PDF
VISUALIZZA PDF