Lyxor launches the first liquidity ETF
Starting from october 18th 2007, 1 new ETF on EuroMTS Eonia investable index
Oct 16 2007 - 16:45
Borsa Italiana welcomes "Lyxor ETF Euro Cash", a new ETF listed on the Open-end Index Funds - class 1 segment of ETFplus market issued by Lyxor.
The investment target of "Lyxor ETF Euro Cash" is to mirror the performance of the EuroMTS Eonia Investable Index that measures the total return of a rolling deposit in the overnight interbank euro market. This index is published daily using the Euro Over-Night Index Average calculated by the European Central Bank (ECB) as the weighted average of all overnight unsecured lending transactions in the euro interbank market. Transactions used in the calculation are reported by a panel of reporting banks.
The Total Expense Ratio (TER) is equal to 0,15%.
Please download the relevant public notice
