Lyxor unveils two commodities ETFs

Lyxor Asset Management, a subsidiary of Soci赩 G诩rale, has launched two exchange traded funds (ETFs) investing in commodities. The Lyxor Commodities CRB and Commodities CRB Non-Energy ETFs are linked to the Reuters/Jefferies CRB index, the oldest commodities futures index in the world. The launches follow Lyxor’s entry into the British market in May, when it launched three ETFs based on FTSE indices. The funds have total expense ratios of 0.35% per year.