Lyxor has quoted on Italy's Borsa Italiana the Lyxor ETF Dynamic SHORT VIX Futures Index.
Lyxor has quoted on Italy’s Borsa Italiana the Lyxor ETF Dynamic SHORT VIX Futures Index.
The ETF is UCITS IV compliant and is incorporated in Luxembourg.
The investment objective is to track both the upward and downward evolution of the DYNAMIC SHORT VIX FUTURES INDEX, representative of a strategy on the US equity market expected volatility through a basket of S&P500 VIX futures listed on the CBOE.
“This is an innovative ETF which can represent both a trading instrument and a diversification and investment tool,” said Marcello Chielli, head of the Lyxor ETFs business for Italy.