New issue by Lyxor

Borsa Italiana welcomes "Lyxor ETF Wise Quantitative Strategy",  the new ETF, issued by Lyxor International asset management, will be listed on the Open-end Index Funds - class 2 segment of ETFplus market. The investment target of  the new ETF  is to mirror the performance its benchmark index:

SGI WISE Long: The index reflects the performance of the WISE Model, a systematic paneuropean stock selection model (developed by Société Générale Quant Research Team) based on value and momentum criteria. The index is reviewed and rebalanced on a monthly basis. Every month, the WISE model computes a score for everypan-Europeanstock with a market capitalization greater then 3 billion euros. This score is based on a set of value and momentum factors that have been selected for their robustness in predicting outperformers and underperformers in the past. The WISE Long Index represents the most attractive deciles of the scoring universe.

The total expense ratio of the ETF is equal to 0,75%.

Please download the relevant public notice: VISUALIZZA PDF