Lyxor introduces emerging markets ETFs

Lyxor ETF India is well diversified, with 50 stocks from 22 sectors and follows the S&P CNX Nifty, which is the leading index for large companies on India’s National Stock Exchange. In the eight months to August 30, 2007, the index grew by 11pc. Lyxor ETF South Africa, meanwhile, follows the FTSE/JSE Top 40 index which tracks the performance of the largest 40 stocks listed on the Johannesburg Stock Exchange. So far this year, this index has grown by 15pc (to September 3). Both ETFs feature total expense ratios of 0.65pc. Lyxor said it is planning further launches later this year, with a...