Starting today, investors can trade the first product to replicate the SPI® Select Dividend 20 index recently launched by SIX Swiss Exchange.
The range of ETFs on SIX Swiss Exchange was enriched by another innovation: today, the provider iShares has launched the first product on the SPI® Select Dividend 20 Index. The iShares Swiss Dividend (CH) invests directly in the 20 shares with the highest dividend yield in the Swiss SPI stock index and pursue a sustainable distribution policy. The index was launched on 24 April by SIX Swiss Exchange.
Widening the product range
At the same time, iShares widens its Swiss product range with another physically replicating ETF on the broadly-diversified SPI index. Investors therefore gain another option to participate in the growth of the overall Swiss stock market.
Christian Gast, Head iShares Switzerland, comments: "We're happy that iShares is increasing its footprint in Switzerland with its latest innovation. The new products ideally supplement our product range, and increase the investment opportunities for Swiss investors to invest in the domestic market."
State of the Art - our selection of Exchange Traded Funds
Investors on SIX Swiss Exchange now have a total of 915 ETFs to choose from. Our website has comprehensive information on all providers, market makers and products. Further information is available in our ETF brochure.