Lyxor adds Japanese equity product to quality income ETF range

TER of 0.45%

Lyxor has launched the SG Japan Quality Income UCITS ETF targeting quality, stable Japanese companies which are looking to sustain their dividend yield.

The ETF implements a three step smart-beta process designed by Andrew Lapthorne, global quantitative research strategist at Societe Generale, which selects 60 stocks out of a universe of 1,000 and ranks them for balance sheet strength and dividend yield, according to a nine-point quality score. Lyxor launches two smart-beta income ETFs With a total expense ratio (TER) of 0.45%, the ETF will have similar characteristics to the firm's €1.2bn SG Global Quality Income ETF launched in 2012. The firm said the ETF aims to gain exposure to Japanese companies with strong business fundamenta...