Issuers

Lyxor ETNs are tradable in real-time on the London Stock Exchange during market hours just like ordinary shares. Their objective is simple: to track the performance of their underlying.

Lyxor ETNs are index-tracking funds that can be bought or sold like ordinary shares on the stock exchange. They track the performance of a given index and combine the simplicity and liquidity of shares with the diversification benefits of a traditional collective investment scheme. They provide indisputable advantages to institutional investors: liquidity, transparency, and efficient cost structure (no entry or exit fees when traded in the secondary market, very low management fees - 44 bps in average in Europe and same dealing/settlement costs as domestic shares). They allow institutional users to implement a variety of strategies, from the monitoring of strategic and tactical asset allocations to cash equitisation and risk management.

www.lyxoretn.co.uk