New Exchange-Traded Fund (ETF) On The SWX Swiss Exchange
Date 05/12/2003
Today marked the commencement of trading on the SWX Swiss Exchange of yet another exchange-traded fund, this one involving FRESCO index shares. The FRESCO SMIĀ® is a registered investment fund under Swiss law. The initiator and asset manager of the fund is UBS Global Asset Management. FRESCOs are listed and publicly traded in the Exchange Traded Funds segment of SWX, which currently comprises 19 different exchange-traded funds.