Amundi boosts Swiss ETF offering

Amundi ETF has expanded its presence in the Swiss market with the launch of 23 funds, boosting its total offering on the SIX Swiss Exchange to 43 products.

The latest listing comprises 12 equity ETFs providing exposure to the main developed countries. Three of the ETFs offer US exposure, replicating the Nasdaq 100, MSCI USA and S&P 500 indices.

The range includes leveraged versions of these funds, providing two times the daily performance of the underlying indices.

Amundi has also unveiled an ETF based on the MSCI World Ex-Europe index, which the firm says is unprecedented on the SIX exchange.

Another ETF replicates the MSCI Nordic index, comprising the 80 most highly capitalised stocks in Denmark, Finland, Norway and Sweden.

Three funds of the latest range invest in the largest emerging markets, tracking the MSCI China, MSCI India and MSCI Eastern Europe Ex-Russia indices.

Amundi says two further ETFs are unprecedented, replicating the MSCI World Energy and MSCI World Financials indices.

The remaining six ETFs track a range of long and short US Treasury bond indices, including the Markit iBoxx $ Treasuries benchmarks, on maturities ranging from one to ten years.

This fixed income set includes three long ETFs complemented by three short versions of the funds, offering daily inverse exposure.

Amundi ETF Managing Director Valérie Baudson says the firm has created numerous share classes to cover the most appreciated currencies, to suit Swiss investors' specific needs.