Ossiam Lux to list 2 more Minimum Variance ETFs on the Ossiam World Minimum Variance Index Net Return…..…
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First trading day : 16.04.2013
Market Maker : Société Générale
Ossiam ETF World Minimum Variance NR, EUR Class
ISIN code: LU0799656698
Currency: EUR
Underlying: Ossiam World Minimum Variance Index Net Return USD
Mgmt Fee p.a.: 0.65%
Ossiam ETF World Minimum Variance NR, USD Class
ISIN code : LU0799656342
Currency: USD
Underlying: Ossiam World Minimum Variance Index Net Return USD
Mgmt Fee p.a.: 0.65%
The investment objective of the Funds is to replicate, before the Fund’s fees and expenses, the performance of the Ossiam World Minimum Variance Index Net Return USD.
The aim of the Index is to deliver the net total return performance of a selection of stocks, from the S&P Global 1200® Index that are the most liquid and weighted to minimize the volatility of the total portfolio (optimal weights). As a result, the index reflects the performance of a dynamic selection of the 400 most liquid stocks from the S&P Global 1200® Index.
Source: ETFWorld.co.uk
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