Lyxor launches green bond Ucits ETF

Added 2nd March 2017

Lyxor Asset Management, the European fund manager wholly owned by Societe Generale, has launched what it claims to be the world’s first green bond exchange-traded fund (ETF).

Lyxor launches green bond Ucits ETF

The Lyxor Green Bond (DR) Ucits ETF, offers investors access to the investment grade green bond market.

Using the Solactive Green Bond EUR USD IG Index, the ETF gives investors access to a portfolio of 116 euro and dollar investment grade bonds.

The fund will carry a total expense ratio (TER) of 0.25%.

Green bonds are debt issues with a direct contribution to improving the environment. Their earnings are reserved for low-carbon and climate enhancing projects.

Although a small portion of the global debt universe, green bonds have raised $9.2m (£7.5m) in 2016.

Arnaud Llinas, head of ETFs & indexing at Lyxor added: ‘Lyxor is committed to addressing the challenges of energy transition, and servicing the growing demand for responsible investments.’

He added that the ETF marks the start to Lyxor’s ambition launch a full suite of innovative environmental, social and governance themed investments.

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Monira Matin

Senior Reporter

Monira joined International Adviser in March 2016 from Informa Global Markets where she worked as a eurobond reporter for over two years, covering fixed income markets. She has previously held a number of editorial positions covering politics, insurance and technology. Monira has a degree in Journalism and Economics from City University.

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