EFT tracks TOPIX Index with currency hedging…
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy
A new exchange-traded equity index fund issued by Lyxor Asset Management has been tradable in Deutsche Börse’s XTF segment since Wednesday.
ETF name: Lyxor UCITS ETF Japan (TOPIX) – Daily Hedged D-EUR
Asset class: equity index ETF
ISIN: FR0011475078
Total expense ratio: 0.45 percent
Distribution policy: distributing
Benchmark: TOPIX Gross Total Return Index
The Lyxor UCITS ETF Japan (TOPIX) enables investors to participate in the performance of all Japanese equities that are admitted to official trading in the prime segment on the Tokyo Stock Exchange. A daily currency hedging strategy also hedges the ETF against exchange rate fluctuations between the euro and the Japanese yen. The TOPIX price index is weighted by market capitalisation and currently comprises over 1,600 Japanese stock corporations.
Source: ETFWorld.co.uk – Deutsche Börse
Subscribe to Our Newsletter
