Commerzbank has introduced a new range of exchange-traded funds (ETFs) on Euronext’s Lisbon market.

The 12 new ComStage ETFs are being added to the two ETFs already listed in Lisbon on the PSI20 and PSI20 Leverage indices, and are linked to the DAX, Short DAX, CAC40, CAC40 Leverage, CAC40 Short, DJ Industrial Average, S&P500, Nasdaq100, Nikkei225, MSCI World, MSCI Emerging Markets, and Eurostoxx50.

Hélio da Silva Cláudio, head of public distribution international at Commerzbank, said that Commerzbank has been present in the exchange-traded products (ETP) segment in Portugal since 2002 and that the creation of the ETF segment in Portugal was a natural step as part of its commitment to provide competitive products to the Portuguese financial market.

“Commerzbank has stood out due to its financial innovations for the Portuguese investor, such as warrants, turbo warrants, tracker certificates, mini futures, inline warrants, factor certificates and OT certificates,” he said. “We are convinced that this new segment will reduce transaction costs for the investor, and we believe that expanding the offering may increase the visibility of this type of product in our market.”

The European ETF industry has recorded exceptional growth to date and continues to present significant opportunities with Euronext being one of the leading platforms in Europe for ETF listing and trading, counting 602 ETFs on its four markets as of today. In H1 2014, the average ETF assets under management (AUM) at Euronext totalled €187.2bn, an increase of 19.8% on the same period in 2013.

“With these new products we’re enlarging Euronext’s wide offering of ETFs, providing investors with new investment opportunities,” said Benjamin Fussien, head of ETFs and funds at Euronext Group. “It is yet another example of expanding our product offering and being a leading capital raising centre.”

The new ETFs are in compliance with the OICVM/UCITS IV directives.

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