European asset manager Lyxor Asset Management announced today the launch of the Lyxor Corporate Green Bond (DR) UCITS ETF, providing investors with exposure to the performance of investment-grade green bonds issued by companies.
According to Lyxor, the index aims to enable investors to contribute to the transition to a low-carbon economy and align their corporate bond portfolio with their net-zero goals.
The new ETF tracks the Solactive EUR USD IG Corporate Green Bond TR Index, designed to mirror the corporate-issued investment grade green bond market, including Euro and USD denominated corporate green bonds compliant with the Climate Bonds Initiative criteria.
Lyxor stated that with the new launch, the asset manager now offers the widest range of green bond ETFs on the European Market. Earlier this year, the company launched Lyxor Euro Government Green Bond (DR) UCITS ETF, the first ETF tracking sovereign Eurozone green bonds.
Philippe Baché, Head of Fixed Income ETF Product at Lyxor Asset Management:
“With the launch of this new corporate green bond ETF, Lyxor provides investors with a well-rounded green bond range – aggregate, government and corporate exposures – allowing them to pick and choose a green bond ETF best suited to their investment needs, and providing a simple way to take climate action and transition their bond portfolios towards a more sustainable economy.”