Exchange Traded Products
Exchange
Traded Funds
 Summary
Frequently
asked questions
 Since January 2004 it has been possible to trade a basket of all of the bonds in EuroMTS indices in a single transaction.
Lyxor Asset Management now manages several exchange traded funds (ETFs) linked to the EuroMTS Global Index, the 1-3, 3-5, 5-7, 7-10, 10-15, 15+ years maturity bands, the EuroMTS Inflation Linked Index , the EuroMTS Covered Bonds Aggregate Index and the EuroMTS Eonia Investable Index. The Lyxor EuroMTS nominal bonds ETFs have a total expense ratio of just 16.5 basis points, the Lyxor EuroMTS inflation ETF a ratio of 20 basis points and the cash ETF of 15 basis points.
The ETFs are traded on the Next Track segment of Euronext, the MTF segment of Borsa Italiana, Deutsche Borse’s Xetra and Bolsa Madrid. Liquidity in the ETFs is provided by Societe Generale and Banca IMI.
The EuroMTS ETFs can be traded on exchange, with any of the liquidity providers or bought directly from Lyxor. The ETFs track the performance of the underlying index to within 99.9%
 Lyxor Brochure |
ETF Publication
FOW: Opening the door to bonds - September |
 Since July 2008 the common structure of BNP Paribas and Axa IM offers two ETFs based on the EuroMTS deposit indices : the EasyETF EuroMTS FedFunds, denominated in USD and the euro-denominated EasyETF EuroMTS Eonia. These ETFs are listed on the Next Track segment of Euronext and their expenses ratios are 15 basis points each.
| Easy ETF EuroMTS Eonia |
| Easy ETF EuroMTS Fed Funds |
In October 2008 Invesco Powershares launched an ETF based on the EuroMTS Government Bills Index. The PowerShares EuroMTS Cash 3 Months ETF is listed on the Nextrack segment of Euronext. Its expense ratio is 15 bps.
Invesco Asset Management S.A. |
18 rue de Londres
75009 Paris
France |
Thibaud de Cherisey
European ETF Development;
Senior Manager
Direct Line: +33 1 5662 4304
Mobile: +33 6 7279 6312
thibaud_decherisey@par.invesco.com |
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