Tracker News

• Yet more sexy ETFs from Lyxor arrive on the market


• Four new trackers have just hit the market courtesy of SocGen's ETF specialist Lyxor. In order of excitement they are...
  
  
  
  1. A new South African ETF. This is a real first - private investors have not been able to target the booming South African markets until now. This ETF will track the FTSE JSE Top 40 of South African mega-caps and the total expense ratio (TER) on the fund is a very reasonable 0.65%. There are also dollar and sterling denominated ETF versions.
  
  
  2. An Indian Nifty Fifty fund that tracks the S&P NSE index of top Indian megacaps.This is by far the most liquid part of the Indian stockmarket and like its direct rival from Deutsche, this ETF has a fairly reasonable charge of just 0.85% per annum.
  
  
  3. A private equity index tracking ETF. The Lyxor fund tracks the Privex index of global listed private equity companies. Again there are dollar and sterling denomination funds and the TER is 0.7%
  
  
  4. Last but by no means least Lyxor has introduced a mainstream Japanese equity index fund that tracks the TOPIX index. This is a really innovative launch not because you can't buy Japanese ETFs from say iShares (they have an index fund that tracks the MSCI Japan index) but because the TOPIX is regarded as a mainstream index thats used heavily by foreign investors. Most western investors will only have heard of the Nikkei 225 but the TOPIX is possibly the more significant (and bigger) market for foreign investors and this is the first ETF to track this index (there's still no ETF that tracks the Nikkei 225).again there are dollar and sterling denominated versions of this tracker and the annual TER is a lowly 0.5%.
  
  
  
  

We'll be releasing product briefing notes on each of these new funds within the week, so for more information watch this space!