Lyxor makes foray into ESG with green bond ETF launch

Total expense ratio of 0.25%

Tom Eckett
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Lyxor makes foray into ESG with green bond ETF launch

Lyxor Asset Management has launches its first "pure" environmental product, the Lyxor Green Bond UCITS ETF, in response to growing investor appetite for ESG strategies and new regulation in France.

Tracking the Solactive Green Bond Investment Grade index, the ETF will gain exposure to investment grade issues labelled as "green", while charging a total expense ratio of 0.25%. To ensure compliance with the Climate Bond Standard framework, each bond must be confirmed as eligible for inclusion by the Climate Bond Initiative. What will be the Trump effect on sustainable investing? In order to create a fully investable universe, bonds in the fund will have at least a 12-month maturity and $300m or €300m outstanding. The firm said the introduction of the Energy Transition Law in ...

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