Lyxor Euro Corporate Bond PAB Capped DR UCITS ETF

The Lyxor Euro Corporate Bond PAB Capped DR UCITS ETF is a type of exchange-traded fund designed to offer investors exposure to a diversified portfolio of corporate bonds denominated in euros. The primary function of this ETF is to track the performance of the Bloomberg MSCI Euro Corporate Liquid PAB Capped Index, aiming to provide a return that closely corresponds to the performance of the underlying index before fees and expenses. This ETF is particularly noteworthy for its integration of the Paris Aligned Benchmark (PAB) criteria, reflecting a focus on sustainable investment practices by incorporating environmental considerations into the selection of bonds. The fund comprises bonds issued by corporations across various sectors and industries, emphasizing those that meet specific climate criteria. As part of its strategy, the ETF excludes companies involved in controversial activities and prioritizes issuers with lower carbon intensity. Its market significance lies in its ability to provide an efficient and cost-effective means for investors to gain euro-denominated corporate bond exposure while adhering to climate-conscious investment standards. Managed by the renowned asset manager Lyxor, this ETF supports environmentally responsible investing trends within the financial market.