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The UCITS ETFs listed on this website are funds under both Amundi ETF and Lyxor ETF denomination.

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Additionally, you confirm that you are a qualified investor within the meaning of Swiss collective investment schemes law with residence or domicile in Switzerland. Moreover, you acknowledge that certain funds referred to on this website may not be offered to investors in Switzerland who are not qualified investors within the meaning of Swiss collective investment schemes law.

If you are not a qualified investor within the meaning of Swiss collective investment schemes law with residence or domicile in Switzerland please contact :

Amundi Suisse SA, Rue De-Candolle 6, 1205 Genève, Switzerland.

Or the Swiss representative for our ETFs: Société Générale , Zurich Branch, Talacker 50, Box 1928, CH-8021 Zurich, Suisse.

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Financial services providers and investment professionals

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Access restricted to qualified investors

The information on this website is exclusively directed at qualified investors within the meaning of the Federal Act of Collective Investment Schemes (CISA) and its implementing ordinance as well as according to the most recent interpretation of the Swiss Financial Market Supervisory Authority (FINMA).

The information on this website is exclusively directed at qualified investors with residence or domicile in Switzerland.

The following are considered qualified investors

Qualified investor: definition

Qualified investors within the meaning of Article 10 of the Swiss Federal Collective Investment Schemes Act of 23 June 2006 (“CISA”) and the Collective Investment Schemes Ordinance of 22 November 2006 (“CISO”) are essentially the following:

1.regulated financial intermediaries such as banks, securities traders, fund management companies and asset managers of collective investment schemes as well as central banks;

2.regulated insurance institutions;

3.public entities and retirement benefits institutions with professional treasury operations;

4.companies with professional treasury operations;

5.investors who have concluded a written discretionary management agreement with a regulated financial intermediary as defined in section 1 unless they have declared in writing that they do not wish to be deemed as qualified investors;

6.investors who have concluded a written discretionary management agreement with an independent asset manager, provided they have not notified in writing that they do not wish to be deemed as qualified investors and provided (i) the independent asset manager in its capacity as financial intermediary is governed by Article 2 para 3 (e) of the Anti-Money Laundering Act of 10 October 1997 (“AMLA”), (ii) the independent asset manager is governed by the code of conduct issued by a specific industry body, such code of conduct being recognized as the minimum standard by the Financial Market Supervisory Authority (FINMA), and (iii) the discretionary management agreement complies with the standards of a specific industry body, such standards being recognized as the minimum standard by FINMA;

7.high-net-worth individuals who have confirmed in writing to a financial intermediary pursuant to section 1, or to an independent asset manager that meets the requirements described in section 6, that they wish to be considered as qualified investors (“opting-in”) and that they (a) have the knowledge required to understand the risks of the investments based on their individual education and professional experience or based on comparable experience in the financial sector and hold assets of at least CHF 500,000 (b) hold assets of at least CHF 5 million;

8.independent asset managers who fulfill the requirements described in section 6, and confirm that they will use the information on this website that refers to investment funds not approved by FINMA exclusively for clients that are regarded as qualified investors.

Information on this website

This website is published by Lyxor International Asset Management (« LIAM »).

Société par actions simplifiée (simplified private limited company) with a capital stock of 72 059 696 euros

Nanterre Trade Register N° 419 223 375

APE Number: 6630Z

Registered Office: 91-93, boulevard Pasteur, 75015 Paris, France

VAT No: FR 504 19223375

Responsibale person for the publication is: Lionel PAQUIN, CEO

Editing director: Nathalie BOSCHAT, Global Head Lyxor Communication (Tel.: +33 1 42 14 83 21; E-Mail: nathalie.Boschat@lyxor.com).

 

This website is hosted on the own servers of de Microsoft Azure.

This website is governed by French law.

Professional regulations

LIAM is a French investment management company authorized by the Autorité des marchés financiers under the UCITS Directive (2009/65/CE) and the AIFM Directive (2011/31/UE). LIAM is represented in the United Kingdom by Lyxor Asset Management UK LLP, which is authorized and regulated by the Financial Conduct Authority in the UK (FCA reference number 435658). Lyxor AM is a registered Commodity Pool Operator and a Commodity Trading Advisor under the U.S. Commodity Futures and Trade Commission. Lyxor AM is also a member of the National Futures Association.

The information on this website has been prepared for information purposes only and does neither constitute an advertisement or recommendation nor an offer or solicitation to purchase or sell investment instruments, to effect any transaction or to enter into any legal relations.

Although reasonable care has been taken to ensure that the information on this website is accurate, correct and complete, no guarantee, warranty or representation, express or implied, is given to the accuracy, correctness or completeness of the content of this website. Any information on this website may be subject to change or update without notice. Unless otherwise stated, the numbers/figures on this website are unaudited. Prices shown may not reflect the prices at which units/shares may be purchased or sold at any given time.

The entire information which may be accessed through this website is protected by copyrights and other intellectual property rights of companies which are affiliated to LIAM or of third parties. Under no circumstances should this information or any part thereof be copied, reproduced or redistributed without prior authorization.

This website may contain hypertext links to websites or pages created and maintained by third parties which are not affiliated to LIAM. Activating such hypertext links may cause you to leave this website. Such addresses or hypertext links are provided solely for your convenience and information. Neither LIAM nor any other affiliate controls or reviews any of these websites and pages linked with or connected to this website and, accordingly, does not accept any liability for their contents, the offered products or services or any other offers. Using links from this website to any website not owned by companies which are affiliated to LIAM. is at your own risk. If you wish to create a hypertext link to this website from your site, you must request prior authorization from LIAM.

Fund documents/Legal information

Purchase orders for shares of our funds can be accepted on basis of the current legal documents only. The fund and share class specific Key Investor Information Documents (KIID), Prospectuses, Articles and Trust deeds as well as Annual and Semi-annual Reports of the funds referred to on this website may be obtained free of charge from

Swiss Representative:  Société Générale Paris, Zurich Branch, Talacker 50, P.O. Box 1928, CH-8021 Zurich, Switzerland.

Sales restrictions

The information on this website is exclusively intended for qualified investors with residence or domicile in Switzerland. The information on the financial products referred to in this website is expressly not directed to any person in or from any jurisdiction where the publication or availability of such products is prohibited (on grounds of residence, domicile, nationality or otherwise). Accordingly, the information contained herein does not constitute an act of distribution, an offer to sell or the solicitation of an offer to buy any securities to any person or entity in any jurisdiction in which such distribution or offer may not be lawfully made or access to such information is not permitted. Persons subject to local restrictions of this type must refrain from accessing this website. Investors should take advice from their own independent advisors before making an investment decision and should be aware of local laws governing investments. Without limiting the generality of the foregoing, the information in this website is not directed and not for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in the United States of America to or for the benefit of United States persons (being in particular nationals or residents of the United States of America or partnerships or corporations organized under the laws of the United States of America or any state, territory or possession thereof).

The shares are not registered under the U.S Securities Act of 1933 and may not be directly or indirectly offered or sold in the United States (including its territories or possessions) or to or for the benefit of a U.S Person (being a “United State Person” within the meaning of Regulation S under the Securities Act of 1933 of the United States, as amended, and/or any person not included in the definition of “Non-United States Person” within the meaning of Section 4.7 (a) (1) (iv) of the rules of the U.S. Commodity Futures Trading Commission.). No U.S federal or state securities commission has reviewed or approved this document and more generally any documents with respect to or in connection with the fund. Any representation to the contrary is a criminal offence.

Not all of the funds accessible on this website are registered for distribution in or from Switzerland to non-qualified investors. The Swiss Financial Market Supervisory Authority (FINMA) publishes a list of foreign collective investment schemes which are registered for distribution in or from Switzerland on their website. Société Générale Paris, Zurich Branch, Talacker 50, P.O. Box 1928, CH-8021 Zurich, Switzerland., is the representative and paying agent in Switzerland of the funds which are registered for distribution in or from Switzerland and for non-registered funds that are distributed exclusively to qualified investors.

Past performance

Past performance is not a guarantee or a reliable guide to the future. Market and exchange rate movements may cause the capital value of investments, and the income from them, to go down as well as up and the investor may not get back the amount originally invested. Investments in emerging markets may result in higher risks and volatility due to political and economic instability and less developed markets and systems.

Subscriptions for investment in any fund mentioned on the website may only be made on the basis of the relevant prospectus, the simplified prospectus and the Key Investor Information Document ("KIID"), respectively, and the most recent annual financial statements (or semi-annual financial statements if published thereafter).

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We may collect information about you when you use this website, e.g. by sending cookies to your computer or if you provide us with certain information about yourself to register to access and use certain portions of this website. We use such information about you to verify your identity and eligibility to receive certain products or services, to provide information to you about products and services that we believe may be of interest to you, to record your interest in products and services that we offer, and to respond to your requests for information. We do not use for other purposes or disclose to any third party any personal information, except with your consent or as otherwise permitted or required by law. We maintain physical, electronic and procedural safeguards to guard your personal information and request from our employees to fully adhere to privacy standards, policies and the applicable laws. Please note that data that is transported over the Internet may be accessible to anybody. Your data may be lost during transmission or may be accessed by unauthorized parties. Neither Lyxor International Asset Management nor any other affiliate accepts any liability for direct or indirect losses as regards the security of your data during its transfer via Internet. Please use other means of communication if you think this is necessary or prudent for security reasons.

No warranty/No liability

The contents of this website are based upon sources of information believed to be reliable. Neither Lyxor International Asset Management nor any other affiliate makes warranty that access to the site will be uninterrupted or error-free, that defects will be corrected, or that viruses or other harmful components will not be transmitted in connection with your use of the website. Lyxor International Asset Management and their affiliates hereby expressly disclaim, to the fullest extent permitted by applicable law and/or regulation, all warranties, express, statutory or implied, regarding the website and any results to be obtained from the use of the website and its contents, including but not limited to all warranties of merchantability, non-infringement, fitness for a particular purpose or use and all warranties arising from course of performance, course of dealing and/or usage of trade or their equivalents under the applicable laws and/or regulations of any jurisdiction. Neither Lyxor International Asset Management , nor any other affiliate warrants or guarantees the accuracy, timeliness, suitability, completeness, or availability of this website or the information or results obtained from use of it.

Under no circumstances and under no theory of any applicable law and/or regulation shall Lyxor International Asset Management or any other affiliate, their officers, directors or employees be liable to anyone for any damages arising in tort, contract, strict liability or otherwise from access to or use of the website or inability to access, regardless of whether they are direct, indirect, special, incidental, or consequential damages of any character, including damages for trading losses or lost profits, or for any claim or demand by any third party.

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17 Aug 2017

Tap into the benefits of water investing 

 

Around 1 billion1 people around the globe still don’t have ready access to good, clean water. The global water supply is under unprecedented pressure as the climate changes, the population grows and infrastructure ages. Solutions are needed urgently.

Thankfully, innovative ways to tackle the problems of demand, waste and quality are emerging. And they are creating opportunities to invest in a long-term structural growth theme with real world benefits. The six main market drivers are:  

1. Emerging market growth: Improved living standards in developing countries have resulted in higher per capita water consumption. Greater urbanisation means greater need for additional sanitation and waste.

2. Rising demand: Water consumption growth has even outstripped population growth and the problem is only expected to get worse. Global demand is expected to rise by 40%2 by 2030.

3. Tackling inefficiency: Developed economies are still, in many cases, extremely inefficient in how they look after their water. In the UK, for example, 3,123m litres leak from water pipes each day3. Montreal is thought to lose around 40% of its water because of poor infrastructure4.

4. Water quality: Ageing infrastructure can create contamination problems, as we’ve seen in various high profile cases. The UN says severe pathogen pollution already affects around one-third of all river stretches in Latin America, Africa and Asia5.

5. Policy change: Measures and targets are being put in place to improve water quality. In China, for example, the most recent five-year plan included measures on air quality, water quality and soil. Water was a key part of the 2030 Agenda for Sustainable Development. There are also clear economic benefits from investing in water and sanitation: they include an overall estimated gain of 1.5% of global GDP and a US$4.3 return for every dollar invested in water and sanitation services6.

6. Changing weather patterns: Although the subject of climate change remains controversial, weather patterns are in flux. From flooding to rising sea levels, it requires good water infrastructure and better waste recycling.

 

Staying the course

An urgent problem requires robust and sustainable solutions; solutions which aren’t just based on charity but which also help developing countries address water availability through economic means. In our view, companies will play a vital part in providing them.

The market value of water sector companies is expected to reach $1 trillion by 2027. Water is already the largest sector in the global infrastructure market. It is also very diverse, combining stable, utility-type companies which supply and treat water, with higher growth infrastructure groups exposed to emerging markets. Three main areas of water development will keep the current strong:

  • Utilities: water suppliers and waste water post-treatment companies who operate facilities and networks to safeguard the global water economy.
  • Infrastructure: suppliers of pipes, pumps, valves and meters, as well as various consulting firms. Investments required to upgrade ageing infrastructure in developed nations is expected to drive growth in the sector.
  • Treatment: High growth potential for companies involved in wastewater and desalination as demand from developing countries is expected to rise. This includes suppliers of products and technology for the disinfection, filtration and desalination of water (pre-treatment).

Go with the flows

Water continues to rise up the legislative agenda and draw the attentions of investors and policymakers alike. Areas of structural growth are hard to find when a heavy government debt burden is depressing global growth. Inflows are increasing when net flows into conventional equity funds have stagnated. Water is starting to leave other asset classes in its wake. 

 

Help us turn the tide

At Lyxor, we recognise the scale of this opportunity, just as we do the importance of a future in which everyone has safe, clean water to drink. Together, we can tackle this challenge head on.

 

What you need to know

Access the water sector with the Lyxor World Water UCITS ETF

  • The Lyxor World Water UCITS ETF offers a simple, liquid, transparent way to access the water sector.

  • The Fund is based on the World Water Index. The index is drawn from the most liquid stocks of the S&P Global Total Stock Market Index. It comprises 20 companies which have the largest share of their revenues in the three water industries above – utilities, infrastructure or treatment.
  • It selects the largest five stocks from each activity, plus an additional five stocks based on their rank in percentage share of water revenues to bring the total number of components to 20..

  • The world water index has been live since October 2007.

  • The fund has assets under management of 579 million EUR (Lyxor ETF, as at 21 July2017).

Disclaimer

All sources are as at 21 July 2017.

1.Wateraid

2.Water Resources Group

3.http://www.discoverwater.co.uk/leaking-pipes

4.https://www.theguardian.com/sustainable-business/2015/mar/02/water-loss-eight-things-you-need-to-know-about-an-invisible-global-problem

5.http://www.unep.org/ecosystems/freshwater/resources/publications/water-quality-snapshot

6.http://www.who.int/water_sanitation_health/monitoring/en

This communication is for professional clients and qualified investors only.

This document is for the exclusive use of investors acting on their own account and categorised either as “Eligible Counterparties” or “Professional Clients” within the meaning of Markets In Financial Instruments Directive 2004/39/EC.

This document is of a commercial nature and not of a regulatory nature. This document does not constitute an offer, or an invitation to make an offer, from Société Générale, Lyxor International Asset Management or any of their respective affiliates or subsidiaries to purchase or sell the product referred to herein.

We recommend to investors who wish to obtain further information on their tax status that they seek assistance from their tax advisor. The attention of the investor is drawn to the fact that the net asset value stated in this document (as the case may be) cannot be used as a basis for subscriptions and/or redemptions. The market information displayed in this document is based on data at a given moment and may change from time to time. The figures relating to past performances refer or relate to past periods and are not a reliable indicator of future results. This also applies to historical market data. The potential return may be reduced by the effect of commissions, fees, taxes or other charges borne by the investor.

Lyxor International Asset Management (Lyxor ETF), société par actions simplifiée having its registered office at Tours Société Générale, 17 cours Valmy, 92800 Puteaux (France), 418 862 215 RCS Nanterre, is authorized and regulated by the Autorité des Marchés Financiers (AMF) under the UCITS Directive and the AIFM Directive (2011/31/EU). Lyxor ETF is represented in the UK by Lyxor Asset Management UK LLP, which is authorised and regulated by the Financial Conduct Authority in the UK under Registration Number 435658.

 

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