INDUSTRY VOICE: In today's video, Chanchal Samadder - Head of Equities for Lyxor ETF - discusses why US banks might warrant a place in your portfolio.
"There's a lot of opportunity in American banks. Rising rates give the potential for higher margins - and the sector could get a shot in the arm by the US administration's planned deregulation campaign."
Lyxor's new S&P 500 Banks ETF specialises on banks and investment companies - excluding some of the less cyclical financial stocks held in other funds. Find out more about Lyxor's new S&P 500 Banks ETF, listed on the London Stock Exchange with TER of 0.20%.
This is the first ETF on the European market that aims to track the rise and fall of the dollar-denominated S&P 500 Capped 35/20 Banks and Diversified Financials Select Index (NTR). The S&P 500 Capped 35/20 Banks and Diversified Financials Select Index (NTR) provides access to the banking sector in the United States, including investment banks, regional banks, brokerage firms, credit organizations, asset management companies and custodian banks. The stocks are exclusively part of the S&P 500 index. Components of the index are weighted according to market capitalisation with limits to prevent over exposure to any given stock.
Lyxor has over 16 years of experience in creating and managing US equity ETFs, creating their first ETF on the US market back in 2001 before any other provider in Europe.
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