Lyxor Asset Management has launched a new emerging market sovereign fund. The Lyxor ETF iBoxx $ Liquid Emerging Markets Sovereigns has started trading on the Xetra trading platform.
The bond index ETF enables investors to participate in the performance of U.S.-dollar denominated government bonds of 20 emerging market countries providing highest liquidity. The new fund is benchmarked against the Markit iBoxx USD Liquid Emerging Markets Sovereigns Index.
Click here for the release from Deutsche Börse.