In fixed income, the primary focus is on ETFs on government bonds and Barclays Capital indices, the firm said in a statement, although in addition there is a fund on high yield corporate debt. The newly-listed equity ETFs are mainly based on MSCI indices and include a fund investing in emerging markets small caps. All the new listed ETFs are physically backed, said iShares - something which firms are often now keen to emphasise to play down fears of unseen counterparty risk.

“With the expansion of our product range, we are strengthening our presence in Switzerland. We have concentrated in recent months on talking with our clients about their needs and on coming up with suitable products. We are convinced that we have found the ideal way of meeting these needs, particularly through our expanded family of fixed income ETFs,” said Dr Christian Gast, head of iShares Switzerland.

“We are seeing constant growth in ETF trading on the SIX Swiss Exchange. Moreover, you can see from the trades that an ever-increasing number of private and professional investors are embracing these products,” said Alain Picard, head of product management at the SIX Swiss Exchange.