Bringing you live news and features since 2006 

Vontobel launches first exchange-traded structured funds in Switzerland


The Swiss private bank Vontobel Group has designed what is says are the first structured financial investments in fund form to be listed in Switzerland, a new product group that enables in

The Swiss private bank Vontobel Group has designed what is says are the first structured financial investments in fund form to be listed in Switzerland, a new product group that enables investors to benefit from the flexibility of structured investments while enjoying the security of an investment fund and the transparency and liquidity of a listing on the Swiss Exchange.

‘These new funds are especially suitable for investors who, for reasons of diversification, want to or are obliged to invest uniquely in funds,’ says Roger Studer, head of financial products at Vontobel Group. They offer pay-out profiles, underlying instruments and strategies that had previously only been available in the form of structured products.’

Struder says many private investors or institutional investor portfolios have restrictions regarding the weightings ascribed to individual issuers, obliging many interested investors =to forgo the benefits of structured products.

Vontobel says that by putting the first exchange-traded structured funds on the market, it will enable investors to benefit from the various pay-out profiles, large choice of underlying instruments and specialised strategies made possible by its structured products.

‘We are in the process of creating a wide range of ETSFs,’ says Georg von Wattenwyl, Vontobel’s head of financial products advisory and distribution. ‘Essentially, there will be both open- and closed-ended funds. ETSFs with no maturity limit will principally cover specific strategies, themes and regions. Fixed-maturity ETSFs will offer pay-out profiles such as capital protection and return optimisation, just like traditional structured products.’

With the first group of ETSFs to be listed on the Swiss Exchange, the bank has offered a strategy that it says could until now only be followed using structured products. The sector rotation strategy aims to outperform its benchmark by optimising sector weightings and choosing the most promising equities.

The Dow Jones Euro Stoxx 50 is the benchmark for the European sector rotation funds, while the US sector rotation fund’s benchmark is the S&P 500. Vontobel’s Exchange Traded Structured Funds European Sector Rotation II and III are denominated in euros, while the US-Sector Rotation II is denominated in US dollars.

The Vontobel Exchange Traded Structured Funds is a Luxembourg open-ended Sicav fund  authorised for sale in Switzerland, where it is marketed by Vontobel Fonds Services. The custodian bank is Banque Privée Edmond de Rothschild Europe in Luxembourg.

Latest News

CoinShares writes that digital asset investment products saw inflows for the third consecutive week totalling USD1.05 billion, with cumulative flows..
The New York Stock Exchange, part of Intercontinental Exchange, Inc, has announced it is collaborating with CoinDesk Indices to launch..
ETP provider GraniteShares has announced it has surpassed USD5 billion in assets under management (AUM), reaching USD5.199 billion...
News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by