- 3 min
Paris, March 3rd 2009 - Crédit Agricole Structured Asset Management (CASAM) continues to roll out an ambitious development plan for its ETF range with the launch of another 11 new products on NYSE Euronext, increasing the total number to 35.
As for the rest of its range, CASAM ETF differentiates its new product offering by positioning its management fees among the lowest on the market.
This latest round of launches offers access to different styles of index (growth, value, high dividend) and the first short ETF in the range, allowing investors to take short positions on the CAC 40 index. The new products complete the European sector offering and broaden geographical coverage to emerging regions.
The CASAM ETF range now allows investors to track major equity markets around the world (Europe, Asia, US) as well as the main European style indices and sectors.
Valérie Baudson, Managing Director, CASAM ETF, comments “We launched 20 ETFs in the last quarter of 2008 which raised 730 million Euros. We are actively pursuing the development of the CASAM ETF range and capitalizing on our policy of competitive pricing”.
Scott Ebner, Senior Vice President, Exchange Traded Funds, NYSE Euronext, adds: “We welcome these new products from CASAM, which will enable investors to have exposure to a broad range of widely followed indices. The expansion of CASAM's ETF offering is an important contribution to continuing the strong growth of the ETF market in 2009”.
The CASAM ETF product range is distributed by a dedicated sales team at CA Cheuvreux as well as through the sales network of Crédit Agricole Asset Management.
Investors can find out more information on casametf.com.