Home > Our expertise > Indexing & ETFs > ETFs > Our strengths
ETFS
Our strengths
Performance and transparency: because in one single transaction investors can gain the full performance of all equities (or bonds) making up the index, for the price of one French equity stock-market transfer order.
Ease of trading: because unlike traditional open-ended SICAV funds or closed-ended traditional index-based mutual funds, ETFs are traded continuously on the stock exchange. Investors can therefore at any time by sell at a known quoted price, and take advantage of changes in the index in real-time.
Liquidity: because ETFs can be traded as simply as shares. Their value is known at all times. It is possible to buy and sell one or more ETFs (no minimum investment, trading is done by units), and place limit orders.
One or more major financial institutions, market-makers, undertake to act as counterparties in buying and selling, throughout the stock market working day, at narrow bid-offer spreads, and for very large quantities.
Société Générale systematically undertakes this market maker role for the whole range of Lyxor ETFs to ensure that investors can always buy and resell the products, on normal market terms, when they so wish.
Low fees: ETFs do not have entry or exit fees if they are traded on the stock exchange. The annual management fees are low (0.165% to 1% inc VAT/year) and are offset against the ETF's net asset value. Only brokerage and custodian's fees (identical to the fees on French equities) will be charged.
