Lyxor MSCI World UCITS ETF Dist (LYYA.DE) XETRA

358.89

+2.12(+0.59%)

Updated at September 08 05:36PM

Currency In EUR

Lyxor MSCI World UCITS ETF Dist

Address

France

Phone

800-707-6956

Website

N/A

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

November 13, 2009

Key Executives

N/A

Description

The Lyxor MSCI World UCITS ETF is a UCITS compliant exchange traded fund that aims to track the benchmark index MSCI World Net Total Return USD Index, offsetting the impact of monthly variations of the index local currency vs. the EUR. The EUR-hedged share class offers the simplicity of a monthly currency hedge mechanism that is embedded in the investment product, representing an efficient solution to manage the foreign-exchange risk.The MSCI World Net Total Return USD Index is a free float-adjusted market capitalisation weighted index that is designed to measure the equity market performance of developed markets. The complete construction methodology for the index is available on www.msci.comLyxor ETFs are efficient investment vehicles listed on exchange that offer transparent, liquid and low-cost exposure to the underlying benchmark index.