Lyxor launches first UK-listed South African ETF

The ETF specialist is launching a South African product as well as Indian Exchange Traded Funds (ETFs) for the UK market. The ETFs offer investors a chance to access these emerging markets on one single share traded on the London Stock Exchange, at total expense ratios (TERs) of 0.85% and 0.65% respectively. Lyxor ETFs UK, Ireland and Nordic region head Daniel Draper says. “We aim to capitalise on our strength in the global ETF marketplace by filling gaps in the UK market, and being the first organisation to launch a South African ETF on the LSE is a good example of our innovation.” Fre...