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The CASAM ETF Range Adds A New Dimension With The Launch Of Bond And Leveraged ETFs On Euronext Paris

Date 30/06/2009

Following the launch of 36 ETFs since June 2008, the CASAM ETF range has added a new dimension with the issue of 17 new ETFs on Euronext Paris including:

·      A range of government and corporate bond products

·      A range of strategic equity leveraged and short products

·      A range of world equity products.

Nine new fixed income ETFs
A series of government bond ETFs offers investors maturities ranging from three months to 15 years. These ETFs, indexed on the EuroMTS Eurozone Government Broad Indices, enable investors to take positions on the Eurozone bond yield curve. A CASAM ETF replicating the Markit iBoxx Euro Inflation Linked Index completes the range, providing protection against the risk of inflation.

Finally, an ETF indexed on the Markit iBoxx Euro Liquid Corporates Index responds to growing interest for Eurozone corporate bonds, offering investors a tool for portfolio diversification against a backdrop of volatile markets.

Five strategy products
CASAM ETF is providing a new range of leveraged ETFs which replicate twice the daily return of four indices in Europe and the United States (excluding leverage financing fees). These products provide investors with gearing into a potential market rebound.

CASAM ETF is also launching a product replicating the Dow Jones EURO STOXX 50® Short Index for taking reverse positions on an anticipated fall in the index.

Three world ETFs of which two are ground-breaking
Three ETFs indexed on MSCI World, MSCI World ex EMU and MSCI World ex Europe indices complete the product range, offering exposure to international equities. These are first-time issues offering European investors exposure to equities outside their domestic market in a single transaction.

The CASAM ETF range now comprises 53 products which, with management fees among the lowest on the market, are characterised by their competitive pricing.

Valérie Baudson, Managing Director of CASAM ETF comments “With the launch of these bond and equity leveraged products, we are offering a new dimension to the CASAM ETF range. CASAM ETF now comprises a genuine tool box comprising high quality products at low cost to suit investors regardless of their investment strategy.”

Thierry Ancona, Head of Sales, Continental Europe of CA Cheuvreux, states, "CA Cheuvreux is, more than ever, completely involved in the CASAM ETF project. Our dedicated sales team is met with more and more success among clients who are increasingly interested in these transparent and easily traded products.”

Scott Ebner, Senior Vice President, Exchange Traded Funds de NYSE Euronext, adds: “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. This strong growth has been driven by numerous advantages, notably the transparency, flexibility, and liquidity, that ETFs offer to European investors and asset managers.”

As part of the CASAM ETF product range, these new products are distributed by a dedicated sales team of CA Cheuvreux and by the sales teams of Crédit Agricole Asset Management.

For more information, visit casametf.com.