Borsa Italiana welcomed one ETF issued by Lyxor

  • Lyxor issued the Lyxor S&P 500 Banks UCITS ETF on Borsa Italiana, which aims to track the performance of the S&P 500 Capped 35/20 Banks and Diversified Financials Select Index.
  • The index selects US large caps from the parent S&P 500 index from the following sub-sectors: Regional Banks, Diversified Banks, Investment Banking & Brokerage, Consumer Finance and Asset Management & Custody Banks. Caps ensure no single stock can represent more than 33% of the index, with remaining stocks capped at 19%.
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