The three new index funds, issued by Lyxor Asset Management, track MSCI indexes covering global and US equities and equities from the Asia-Pacific region. Lyxor ETF MSCI World is based on the MSCI World price index, which currently comprises around 1,500 equities from 23 countries, and allows an investment in the world’s biggest equities with a single transaction. Lyxor ETF MSCI AC Asia-Pacific ex-Japan offers investors access to about 680 companies from the Asia-Pacific region. Lyxor ETF MSCI USA is based on the MSCI USA index, which is free-float adjusted and weighted according to market capitalisation. It currently includes around 640 US companies.
Deutsche Börse said it expects strong demand from both institutional and retail investors for the products. “We have seen in the last five years since the launch of the segment, double-digit growth on an annual basis. These three index funds offer a low-cost and flexible way to divert investors' portfolios across three major international equity markets,” said a spokeswoman for Deutsche Bourse.
A total of 141 index funds are currently listed in Deutsche Börse’s XTF segment. Deutsche Börse’s XTF segment accounts for around 50% of total European trading volume in ETFs.