Lyxor ETF WIG20 will track movements of 20 biggest Polish stocks included in the main index of the Warsaw Stock Exchange - WIG20.
- quoted on the WSE
- price = WIG20 * 1/10
- 0,5% annual management fee
- selling short?
Introduction of this ETF may allow implementation of some arbitrage strategies using either stocks or index futures. Especially if ETF's tracking error will be noticeable, what can happen in times of higher volatility.
see presentation about the ETF: www.lyxoretf.pl/fileadmin/user_upload/ETF/PL/Brochures/LYXOR_ETF_WIG20.pdf
more information: www.lyxoretf.pl