OREANDA-NEWS. Today, Bank Julius Baer
extends the offering of Sponsored Funds on SIX Swiss Exchange by 13 products. Twelve
of the new funds are products based on industrial metals which had been launched in 2013 as a world
premiere for qualified investors. As of 1 June 2015, the Swiss Financial Market Supervisory Authority
FINMA has authorised these funds for public distribution, making them accessible to private investors
for the first time.
Also admitted to trading today was a fund that invests primarily in shares of U.S. companies. As a result,
SIX Swiss Exchange now offers investors a choice of 334 Sponsored Funds. Bank Julius Baer acts as sponsor for 315
of these products, ensuring continuous price setting.
Stephan Mueller, Head Product Management & Development, GAM Investment Management (Switzerland)
commented: "The JB Industrial Metals Funds are the world's first physically-replicated funds
investing in aluminium, copper, nickel and zinc. They offer currency hedging and can be traded just like
ETFs in the Sponsored Funds trading segment of SIX Swiss Exchange."
Danielle Mair, ETFs & ETPs Sales Manager at SIX Swiss Exchange adds: "In our Sponsored Funds segment,
investors can trade fund units in the same way as shares at any time, benefitting from immediate execution
of their orders at known prices as well as from the protection of the regulated trading environment
at SIX Swiss Exchange."
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