ETFs track VIX based volatility indices 4. March 2013

Xetra/FWB:Two new exchange-listed equity index funds from the issuer Lyxor Asset Management have been tradable in Deutsche Börse's XTF segment since Monday.

ETF name: Lyxor ETF Dynamic Long VIX Futures Index - EUR
Asset class: volatility
ISIN: LU0871960976
Total expense ratio: 0.75 percent
Distribution policy: non-distributing
Benchmark: Dynamic Long VIX Futures Index

ETF name: Lyxor ETF Dynamic Short VIX Futures Index - EUR
Asset class: volatility
ISIN: LU0871961511
Total expense ratio: 0.40 percent
Distribution policy: non-distributing
Benchmark: Dynamic Short VIX Futures Index

The two new Lyxor ETFs offer investors access to the performance of two VIX based volatility indices.

The Dynamic Long VIX Futures Index tracks the performance of the combination of a hypothetical money market instrument and a dynamic strategy that is designed to provide efficient long exposure to the first five nearby futures contracts on the CBOE Volatility Index VIX.

The Lyxor ETF Dynamic Short VIX Futures Index tracks the performance of the combination of a hypothetical money market investment and a dynamic strategy that is designed to provide efficient short exposure to the first two nearby futures contracts on the CBOE Volatility Index VIX.

The CBOE Volatility Index (VIX) is based on index options of the US equity index S&P 500 and measures the future volatility of the S&P index as expected by the market.

The product offering in Xetra's XTF segment currently comprises 1,024 exchange-traded index funds, making it the largest offering of all European stock exchanges. With this offering and an average monthly trading volume of around €11 billion, Deutsche Börse's XTF segment is the leading trading venue for ETFs in Europe.

Xetra® and XTF® are registered trademarks of Deutsche Börse AG.

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