Lyxor launches currency-hedged Euro Stoxx 50 ETFs

Feb 17th, 2015 | By | Category: Equities

ETF Strategy events are back! Please join us for breakfast briefings on Digital Assets & the Blockchain Economy on Thursday 2nd September 2021 (08:15-11:00) and Thematic Investing on Friday 3rd September 2021 (08:15-11:15) both at Yauatcha City, Broadgate Circle, London. Sponsors include First Trust, GHCO, MSCI, Rize ETF, VanEck and WisdomTree.


Lyxor Asset Management has become the first ETF provider to offer investors currency-hedged ETF share classes on the Euro Stoxx 50 Index.

Lyxor launches currency-hedged Euro Stoxx 50 ETFs

Lyxor has launched a pair of USD and GBP currency-hedged Euro Stoxx 50 ETFs on the London Stock Exchange.

Through the newly launched Lyxor UCITS ETF EURO STOXX 50 Monthly Hedged C-USD (MSEU) and Lyxor UCITS ETF EURO STOXX 50 Monthly Hedged C-GBP (MSEX), investors are now able to gain USD- and GBP-hedged exposure, respectively, to Europe’s leading blue-chip index for the Eurozone in low-cost ETF format.

The ETFs, which have been listed on the London Stock Exchange, come at a time of increased currency volatility where fluctuations in exchange rates can lead to significant divergences in performance between index returns in local currency and the returns of a non-hedged ETF product that is listed in a different currency.

Commenting on the launch, Arnaud Llinas, Lyxor’s Head of ETFs and Indexing, said: “Lyxor is always looking for new investment opportunities to meet investor needs and has expanded its ETF range accordingly. Our currency-hedged ETFs tracking the Euro Stoxx 50 Index therefore offer exposure to European equities, while mitigating the fluctuations of the Euro against the listing currency.”

Paris-based Lyxor is the leading ETF provider on the Euro Stoxx 50 indices with approximately $6.5 billion in assets under management linked to the index and is variants.

Both ETFs carry a total expense ratio of 0.20% per annum.

Tags: , , , , , ,

Leave a Comment