BUOY
•
Fixed Income
LYXOR $ FLOATING RATE NOTE UCITS ETF - DIST
TER (bps):
10
AUM (USD m):
43
ISIN:
LU1571051751
Domicile:
Luxembourg
Share Class Currency:
USD
ESG:
No
Geographical Focus:
United States
As of:
30 May 2023
Climate Fund:
No
Benchmark
The Bloomberg MSCI USD Corporate Liquid FRN 0-5 Year SRI Sustainable Index is a fixed-rate, investment-grade corporate bond benchmark that follows the rules of the Bloomberg USD FRN Corporate Index and applies additional sector and ESG criteria for security eligibility. The index includes issuers with MSCI ESG Ratings of BBB or higher and negatively screens issuers that are involved in business activities that are restricted because they are inconsistent with certain values-based business involvement criteria, including activities related to controversial military weapons, and those issuers with a "red" MSCI ESG Controversy Score. Additionally, the index exclude issuers from emerging markets and limits the exposure of each issuers to 5% of the total market value of the index, redistributing excess market value index-wide on a pro rata basis.