(LEAD) Lyxor MSCI Europe ESG - Ratings and Ratios

The Lyxor MSCI Europe ESG Leaders (DR) UCITS ETF - Acc EUR is a passively managed index-tracking fund that promotes environmental and social characteristics. It aims to replicate the performance of the MSCI Europe ESG Leaders Net Total Return Index, which comprises large and mid-cap stocks from developed European countries with high ESG ratings.

By tracking this index, the fund provides exposure to a diversified portfolio of European companies that have demonstrated strong ESG practices. The funds investment objective is to minimize the tracking error, ensuring that its returns closely follow the indexs performance. With a net asset value of €1.24 billion, the fund has a significant presence in the market.

Analyzing the funds technical data, we observe that the current price is €34.93, slightly below its 20-day simple moving average (SMA) of €35.17. The 50-day SMA is €33.93, indicating a potential support level, while the 200-day SMA is €34.13. The average true range (ATR) is 0.28, representing a daily volatility of 0.81%. Given these indicators, we can expect the funds price to experience a potential bounce from the 50-day SMA, with a possible target price of €35.50 in the short term.

Considering the funds fundamental data, the Assets Under Management (AUM) of €1.24 billion indicate a stable and liquid investment vehicle. As the fund tracks the MSCI Europe ESG Leaders Index, we can expect its performance to be closely tied to the overall European equity market, with a bias towards companies with strong ESG credentials. With the growing demand for ESG-focused investments, we forecast that the fund will continue to attract inflows, potentially driving its price higher. In the next 6-12 months, we predict the funds price to reach €37.50, driven by the increasing adoption of ESG investing and the funds low tracking error.