The Lyxor Smart Overnight Return ETF (CSH2) stands out as the most cost-effective GBP money market ETF, boasting a minimal total cost of just 0.1%. Despite a challenging performance with a 1-year return of -38.89% and a 5-year return of -66.61%, it remains a suitable choice for investors seeking cash-like holdings in their portfolios. Analysts have set a median 12-month price target of $21.00, reflecting a cautious outlook with ratings primarily leaning towards Neutral.
Pros:
- Low total cost of 0.1%
- Suitable for cash-like holdings
Cons:
- Significant negative returns
- High market risk
The Lyxor Smart Overnight Return ETF (S) may be appropriate for conservative investors looking for a low-cost option to maintain cash-like holdings within their portfolios. However, potential investors should carefully consider its significant negative returns over the past years and the cautious outlook from analysts before making a decision.