Crédit Agricole Structured Asset Management (Casam) has launched a range of 17 bond and leveraged ETFs on Euronext Paris.
The range includes nine fixed income ETFs based on government bonds ranging in maturity from three months to 15 years. The ETFs track the Euro MTS Eurozone Government Broad indices and allow investors to take positions on the Eurozone bond yield curve.
The fixed income offering also includes an ETF tracking the Markit iBoxx Euro Inflation Linked index and an ETF replicating the Markit iBoxx Euro Liquid Corporates index.
On the leveraged side, Casam has unveiled five ETFs which deliver twice the daily return of four indices in Europe and the US, which are designed to provide gearing in a possible market rebound. Conversely, the leveraged offering includes an ETF tracking the Dow Jones Euro Stoxx 50 Short index, which leverages on the inverse performance.
Casam has also launched three ETFs offering European investors exposure to equities outside their domestic markets. These ETFs track the MSCI World, the MSCI World ex EMU and the MSCI World ex Europe.
NYSE Euronext ETF senior vice president Scott Ebner comments: "The expansion of the Casam range of products is one of the most important developments in the European ETF market, which is expanding at an incredible rate with over 400 products now available on NYSE Euronext."
He adds: "This strong growth has been driven by numerous advantages, notably the transparency, flexibility and liquidity that ETFs offer to European investors and asset managers."
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