Lyxor launches pair of infrastructure ETFs

TERs of 0.50%

Lyxor Asset Management has launched two infrastructure ETFs, the Lyxor FTSE USA Core Infrastructure Capped UCITS ETF and the Lyxor FTSE Developed Europe Core Infrastructure Capped UCITS ETF.

Both ETFs will have a total expense ratio (TER) of 0.50% and will track indices created by FTSE Russell. The US version will look to provide a yield of 2.95%, offering investors exposure to 64 US companies, while the European ETF will target a yield of 4.06% while tracking a basket of 33 European companies. Lyxor launches two smart-beta income ETFs The stocks in the respective indices derive at least 65% of their revenue from the development, ownership, operation, management or maintenance of transportation, energy or telecommunications infrastructure. The indices also limit the...