fund

Why you should look at US banks


Chanchal Samadder, Head of Equities, Lyxor ETF

INDUSTRY VOICE: In today’s video, Chanchal Samadder – Head of Equities for Lyxor ETF – discusses why US banks might warrant a place in your portfolio.

There’s a lot of opportunity in American banks. Rising rates give the potential for higher margins – and the sector could get a shot in the arm by the US administration’s planned deregulation campaign.”

Lyxor’s new S&P 500 Banks ETF specialises on banks and investment companies – excluding some of the less cyclical financial stocks held in other funds. Find out more about Lyxor’s new S&P 500 Banks ETF, listed on the London Stock Exchange with TER of 0.20%.

 This is the first ETF on the European market that aims to track the rise and fall of the dollar-denominated S&P 500 Capped 35/20 Banks and Diversified Financials Select Index (NTR). The S&P 500 Capped 35/20 Banks and Diversified Financials Select Index (NTR) provides access to the banking sector in the United States, including investment banks, regional banks, brokerage firms, credit organizations, asset management companies and custodian banks. The stocks are exclusively part of the S&P 500 index. Components of the index are weighted according to market capitalisation with limits to prevent over exposure to any given stock.

Lyxor has over 16 years of experience in creating and managing US equity ETFs, creating their first ETF on the US market back in 2001 before any other provider in Europe.

Find out more about Lyxor’s full range of European sector ETFs and global sector ETFs.

Risk Warning

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Past performance is no guide to future returns. Source for product information: Lyxor ETF correct as at 24th July 2018.

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Lyxor International Asset Management (LIAM), société par actions simplifiée having its registered office at Tours Société Générale, 17 cours Valmy, 92800 Puteaux (France), 418 862 215 RCS Nanterre, is authorized and regulated by the Autorité des Marchés Financiers (AMF) under the UCITS Directive (2009/65/EU) and the AIFM Directive (2011/31/EU). LIAM is represented in the UK by Lyxor Asset Management UK LLP, which is authorized and regulated by the Financial Conduct Authority in the UK under Registration Number 435658. Société Générale is a French credit institution (bank) authorised by the Autorité de contrôle prudentiel et de résolution (the French Prudential Control Authority).

Research disclaimer

Lyxor International Asset Management (“LIAM”) or its employees may have or maintain business relationships with companies covered in its research reports. As a result, investors should be aware that LIAM and its employees may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Please see appendix at the end of this report for the analyst(s) certification(s), important disclosures and disclaimers. Alternatively, visit our global research disclosure website www.lyxoretf.com/compliance.

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Conflicts of interest 

This research contains the views, opinions and recommendations of Lyxor International Asset Management (“LIAM”) Cross Asset and ETF research analysts and/or strategists. To the extent that this research contains trade ideas based on macro views of economic market conditions or relative value, it may differ from the fundamental Cross Asset and ETF Research opinions and recommendations contained in Cross Asset and ETF Research sector or company research reports and from the views and opinions of other departments of LIAM and its affiliates. Lyxor Cross Asset and ETF research analysts and/or strategists routinely consult with LIAM sales and portfolio management personnel regarding market information including, but not limited to, pricing, spread levels and trading activity of ETFs tracking equity, fixed income and commodity indices. Trading desks may trade, or have traded, as principal on the basis of the research analyst(s) views and reports. Lyxor has mandatory research policies and procedures that are reasonably designed to (i) ensure that purported facts in research reports are based on reliable information and (ii) to prevent improper selective or tiered dissemination of research reports. In addition, research analysts receive compensation based, in part, on the quality and accuracy of their analysis, client feedback, competitive factors and LIAM’s total revenues including revenues from management fees and investment advisory fees and distribution fees.



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