Crédit Agricole Structured Asset Management, part of Paris-listed bank Crédit Agricole, has launched 10 new equity exchange-traded funds, bringing its total range of these products to 65.

Among the new ETFs, one tracks the FTSE100, another tracks the Dow Jones STOXX 50 and a third the Dow Jones STOXX 600.

CASAM has also launched three new sector ETFs, two of which the firm describes as “unprecedented”. These products – tracking the energy and financials sectors – are based on the MSCI World Energy and the MSCI World Financials indices, and according to CASAM they are the first ETFs tracking world sector indices to be listed in Europe. The third sectoral ETF replicates the MSCI Europe Materials Index.

A further three ETFs were launched to cater for investors’ short-selling needs, replicating the ShortDAX, the MSCI Europe Short Daily and the MSCI USA Short Daily strategy indices.

Finally, the tenth ETF is indexed on the Euronext IEIF REIT Europe, providing exposure to 25 European real estate stocks. Designed to enable investors to capitalise on real estate and equity upticks, the annual management fee for the fund is 0.35 per cent, inclusive of taxes.

CASAM’s launch of the 10 new ETFs - which will be distributed by the sales teams of both CA Cheuvreux and Crédit Agricole Asset Management - follows that of 17 equity and bond ETFs in June.

There has been a substantial increase in assets under management for ETFs in recent years and the financial crisis has further heightened investors’ appreciation of their transparency, liquidity and cost-efficiency: listed and traded like individual stocks, ETFs track indices of equities, bonds, commodities and other asset classes, giving investors exposure to sectors without having to own the underlying physical assets.

90 new ETFs have listed on the NYSE Euronext so far this year, bringing the total to 432.