Citi has partnered with STOXX Qontigo to develop a series of single stock linked indices in an effort to generate a more efficient structured product universe for financial intermediaries and end investors.
Indices underpin all investment whether in their role as benchmarks, performance measurers or the framework on which all index investing is based. Read ETF Express’s Index Report to find out latest research and views on this most fundamental of sectors.
The Lyxor DAX 50 ESG UCITS ETF (E909) is listed on Xetra with a total expense ratio (TER) of 0.23%. E909 tracks the DAX ESG index, designed by Deutsche Börse-owned Qontigo, which offers investors exposure to 50 companies with the strongest ESG rating.
Qontigo, the index and analytics unit of Deutsche Boerse AG, said Wednesday that it has launched a new market benchmark targeting companies “addressing the rising obesity levels in the global population” that are also set to benefits from health trends among millennials.