Credit Suisse Launches ETFs at SIX

Four of the five new ETFs – branded Credit Suisse Index Fund (IE) – enable investors to gain exposure to broadly diversified ESG portfolios. The four ESG products are benchmarked to MSCI USA ESG Leaders and MSCI World ESG Leaders respectively. The underlying indices select the top 50 percent of companies by environmental, social and corporate governance performance in each sector of the parent index. The new ETFs respond to the needs of all investors that have geared their processes and systems to on-exchange trading. The liquidity for the five ETFs is provided by Credit Suisse Europe, who newly joins the ETF segment as a market maker, and by Flow Traders.

“We welcome Credit Suisse to the family of ETF providers offering their products on the Swiss Stock Exchange. With the new products, investors now have access to more than 100 sustainable ETFs on our platform and gain additional opportunities to diversify their portfolios”, says Danielle Reischuk, Senior ETFs & ETPs Sales Manager, Securities & Exchanges, SIX.

The Swiss Stock Exchange observed continued growth in its entire ETF segment in 2019: trading turnover rose by 24% compared to 2018, reaching a new all-time high of CHF 124.7 billion; the previous record stood at CHF 116.4 bn (2017). Sustainable ETFs achieved a market turnover of CHF 1.08 billion in 2019 – representing a growth of 18% over the previous year.

“We have been replicating indices with high accuracy for a wide array of benchmarks since 1994. Thanks to our core index business with more than CHF 132 billion of assets we have the critical mass, technology, and expertise to provide ETFs that will supplement our existing offering of 94 index funds”, says Dr. Valerio Schmitz-Esser, Head of Credit Suisse Asset Management Index Solutions.

Product Name Trading Currency Benchmark  Symbol ISIN Market Maker
CSIF (IE) MSCI USA
Blue UCITS ETF B USD
USD MSCI USA (NR) CMXUS IE00BJBYDR19 CS Europe
Flow Traders
CSIF (IE) MSCI USA
ESG Leaders Blue
UCITS ETF B USD
USD MSCI USA ESG
Leaders (NR)
USESG IE00BJBYDP94 CS Europe
Flow Traders
CSIF (IE) MSCI World
ESG Leaders Blue
UCITS ETF B USD
USD MSCI World ESG
Leaders (NR)
WDESG IE00BJBYDQ02 CS Europe
Flow Traders
CSIF (IE) MSCI World
ESG Leaders Blue
UCITS ETF BH EUR
EUR MSCI World ESG
Leaders (NR)
(EUR hedged)
WDESGE IE00BKKFT300 CS Europe
Flow Traders
CSIF (IE) MSCI World
ESG Leaders Blue
UCITS ETF BH CHF
CHF MSCI World ESG
Leaders (NR)
(CHF hedged)
WDESGC IE00BKKFT292 CS Europe
Flow Traders

Credit Suisse Asset Management (Switzerland) Ltd. belongs to the Asset Management business area of Credit Suisse Group. Credit Suisse Asset Management is part of Credit Suisse’s International Wealth Management division and manages assets worth over CHF 426 billion worldwide. Based on first-class institutional governance and the stability and range of opportunities offered by Credit Suisse’s global market presence, Asset Management offers active and passive solutions for traditional and alternative investments as well as outstanding product expertise in Switzerland, EMEA, APAC and America. Further information is available here