Lyxor launches short-term high yield bond ETF
TER of 0.30%
To provide investors with protection against rising interest rates
Lyxor Asset Management has launched a short-term high yield bond exchange-traded fund, the Lyxor BofAML $ Short Term High Yield Bond UCITS ETF, while also offering a euro version.
The ETF has a total expense ratio (TER) of 0.30% while the monthly hedged version of the US dollar product has a TER of 0.40%. The monthly hedged and euro versions will be available from 18 July. ...
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