Lyxor cross-lists Japan Quality Income ETF on SIX

Dec 1st, 2017 | By | Category: Equities

Lyxor has cross-listed the Lyxor SG Japan Quality Income UCITS ETF (SGQJ SW) on SIX Swiss Exchange. The fund was launched in September this year and provides access to high-quality Japanese companies that pay high dividends.

Lyxor cross-lists Japan Quality Income ETF on SIX

The ETF offers access to high-quality, high-dividend Japanese companies.

SGQJ tracks the SG Japan Quality Income Index. The index selects stocks from the TOPIX 1000 Index using the Piotroski score to assess financial strength and the Merton model to assess the risk of credit default. Only companies that score highly on both of these measures and have a dividend yield in the top 40% of the universe are selected for inclusion in the index.

The index has returned 21.0% year-to-date, compared to the MSCI Japan which has returned 19.9% over the same period.

The ETF currently has $9 million in assets under management (AUM) and a total expense ratio of 0.45%. SGQJ is also listed on London Stock Exchange (LSE) and Euronext Paris.

Other ETFs in the Lyxor quality income line-up include the Lyxor SG Global Quality Income UCITS ETF (SGQL LN). This fund has proved very popular with investors, amassing $1.45 billion in assets since its debut in January 2013.

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