Stockholm, May 7, 2012 — NASDAQ OMX (NASDAQ:NDAQ) today starts trading in a new series of ETFs (Exchange Traded Funds) from Swedbank Robur. The ETF portfolio from Swedbank Robur is named Swedbank Robur ETF and today three new ETFs were listed on NASDAQ OMX Stockholm.
All the listed ETFs from Swedbank Robur track the OMXS30 (OMX Stockholm 30) index, one of the most traded indexes in Europe. OMXS30 is calculated by NASDAQ OMX and comprises the 30 most actively traded companies on NASDAQ OMX Stockholm. The products listed today are: Swedbank Robur ETF OMXS30 Bull 2 (SweR Bull2), Swedbank Robur ETF OMXS30 Bear (SweR Bear) and Swedbank Robur ETF OMXS30 (SweR OMXS30).
Thomas Eriksson, CEO Swedbank Robur, said: "As one the Nordic leaders in asset management it is logical that we now expand our offering to also include ETFs as a complement to our managed funds. Swedbank Robur sees great potential in ETF products and we are hopeful that by entering this market we will be able to contribute to the interest and awareness around ETFs among both existing and new customers.”
Jenny Rosberg, Senior Vice President NASDAQ OMX commented: “We are excited that Swedbank Robur is entering the ETF market where the number of products listed on NASDAQ OMX has quadrupled since 2010. ETFs are attractive instruments both for the active and long-term investors as it allows them to easily and cost-efficiently invest in indexes with different risk-levels.”
An ETF fund is a security that tracks an index, a commodity or a basket of assets, at the same time as it is traded as a share on an exchange. During 2012 the turnover in ETFs at NASDAQ OMX Stockholm has increased by 30 percent compared to the same period 2011.
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