Casam launches money market ETF

Crédit Agricole Structured Asset Management has released its first money market ETF, the Casam ETF Eonia (Euro Over Night Index Average). The ETF, which is listed on Euronext, tracks the EuroMTS Eonia Investible index in Euros, providing 100% exposure to the Euro money market rate, which helps to reduce the risk of capital loss. The ETF is also a viable tool for placing cash in the medium term and protects a portfolio against fluctuations in the fixed income and equity markets. "The launch of Casam ETF Eonia marks a turning point in the development of the range which will ...