European commercial bank UniCredit has become the latest exchange traded fund provider to list to list ETFs on the SIX Swiss Exchange with the launch of the UC Thomson Rts Bal European Convertible Bond UCITS ETF and the UC Thomson Rts Bal European Convertible Bond UCITS ETF-dis.
The new listings bring the number of ETF issuers on SIX Swiss Exchange to 22 and the product range on offer to a new record high of 1,240.
The two newly listed ETFs on European convertible bonds offer investors a supplement to the diversification of their portfolios, while offering the advantages of on-exchange trading for what was previously an asset class that was heavily OTC-traded. SIX Swiss Exchange was the first European stock exchange to open an ETF segment in fall 2000, in which it has reported constant growth for more than 15 years.
