Lyxor lists Kuwait ETF on the LSE

Lyxor has launched a Kuwait ETF on the London Stock Exchange. The fund will track the FTSE Coast K...

Lyxor has launched a Kuwait ETF on the London Stock Exchange. The fund will track the FTSE Coast Kuwait 40 index and will have a TER of 0.65%. Index constituents are chosen based on free-float market cap and liquidity. The group said as of end-June 2008 its year-to-date performance was 3.43% compared to the FTSE 100 result down 12%.