Lyxor launches ETF on Dow Jones Buy Write Index

Lyxor has launched an exchange-traded fund (ETF) linked to the Dow Jones Eurostoxx 50 Buy Write index. The Lyxor ETF Eurostoxx 50 Buy Write, which has commenced trading on the Paris Stock Exchange, is the first ETF to be based on the Dow Jones index. The DJ Eurostoxx 50 Buy Write index aims to enhance returns in bear and sideways markets. "Since inception, the Dow Jones Eurostoxx 50 Buy Write index has outperformed the Dow Jones Eurostoxx 50 index by 6.5% each year," says Lars Hamich, Frankfurt