Lyxor Index Fund - Lyxor Stoxx Europe 600 Utilities UCITS ETF (ticker: LUTI.DE) is an exchange-traded fund that seeks to replicate the performance of the STOXX Europe 600 Utilities Net Total Return Index through synthetic replication using swap agreements. Launched on July 7, 2006, and domiciled in France with subsequent Luxembourg-domiciled share classes, the ETF provides accumulating exposure to European utilities sector companies across all market capitalizations; it maintains a total expense ratio of 0.30% per annum and had approximately EUR 36 million in assets under management as of recent data. The fund targets institutional and retail investors seeking long-only equity strategies in the utilities industry, primarily operating in European public equity markets without currency hedging.
In a major strategic shift, Amundi Asset Management SAS, following its 2021 acquisition of Lyxor Asset Management from Société Générale, has rebranded numerous Lyxor ETFs including this product to Amundi STOXX Europe 600 Utilities UCITS ETF (ISIN variants FR0010344853 and LU1834988864), with ongoing consolidations such as mergers of overlapping funds completed by mid-2022. This rebranding aligns with Amundi's integration efforts, which included the effective merger of Lyxor entities into Amundi France effective June 1, 2022, enhancing scale and liquidity across its ETF range now exceeding EUR 150 billion in combined assets. While specific recent partnerships or new launches for this ETF remain limited, Amundi continues selective ETF rationalizations, liquidations of smaller products, and expansions in thematic strategies as part of its post-acquisition streamlining. The ETF trades on exchanges including Xetra (Frankfurt), Euronext Paris, and Borsa Italiana, with Société Générale as market maker.