Lyxor has launched a new range of ETFs offering investors four different strategies aimed at providing diversified exposure to commodities. The new ETFs are listed on the London Stock Exchange.
Two of the new ETFs track indices of the issuer’s parent bank Societe Generale, the Optimix Total Return and Momentum Total Return indices. The former is designed to generate absolute returns from a universe of 24 commodities, while the latter uses a rule-based, enhanced beta strategy that aims to optimize roll yields across contracts and seasons, also across 24 commodities.
“Professional investors can gain intelligent access to a diverse basket of commodities, which look to take advantage of the shape of the forward curve and momentum trends,” said Lyxor in a press release announcing the launch.
Thanks to IndexUniverse Europe for the heads up! (click on the logo for the full story):
