Lyxor has launched 2 new ETFs

Borsa Italiana welcomes "Lyxor ETF Dax plus protective put" on the Open-end Structured Funds - class 1 segment of ETFplus market issued by "Lyxor International Asset Management". The ETF mirrors the performance of the "Dax plus protective put index". The index reflects the Protective Put investment strategy, which provides protection from losses higher than 5% on quarterly basis. This strategy combines an index investment with an options position. It involves buying a put option while simultaneously purchasing a long position on the underlying. The index composition is adjusted on a quarterly basis. On third Friday in March, June, September and December, a new put option is determined, which will be used to calculate the index until the last trading day, at 1:00 p.m. CET for the following three months. The new option must have a remaining lifetime of three months, and must be 5% out of the money.
The total expense ratio of the ETF is equal to 0.40%.

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Borsa Italiana also welcomes "Lyxor ETF EuroMTS 15+Y" on the Open-end Index Funds - class 1 segment of ETFplus market issued by "Lyxor International Asset Management".
The investment target of the new ETF is to mirror the performance of  the EuroMTS 15+Y index. The index measure the performance of the Euro zone's largest and most widely traded sovereign bonds with a minimum of 15 years maturity.
The total expense ratio of the ETF is equal to 0.165%.

Please download the relevant public notice
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