Exchange Traded Products & Indexing Guide Switzerland 2013

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ProducT TaBlEs fiXEd-inCoME EuroPE ProduCt naME tyPE tiCKEr iSSuEr fEE P.a. (%) 78 ExchangE TradEd ProducTs & IndExIng guIdE Switzerland 2013 SPrEad (%) auM (in Mn.) CCy PriCE (in tC) PErforManCE 1y (%) in Chf dbx ITraxx ® crossoVEr ucITs 1c ETF xTxc dB 0.10 0.18 142.47 Eur 143.82 20.1 - armundi gov.Bnd l. rat. €MTs Inv. grd. ETF x1g aMdI 0.14 0.16 268.72 Eur 180.29 15.2 - ITraxx ® EuroPE subord. Financials ETF xsB5 dB 0.10 0.47 14.61 Eur 114.05 14.3 - iBoxx Eur liquid high Yield 30 ETF lYYIEl lxr 0.45 0.51 125.54 Eur 119.88 13.9 - comstage iBoxx €liquid sov. div 25+ ETF cBEu25 cBK 0.12 0.34 12.23 chF 164.56 13.7 12.4 comstage iBoxx €liquid sov. div 25+ ETF cBEu25 cBK 0.12 0.19 12.23 Eur 133.86 13.6 12.7 comstage iBoxx €liquid sov. div 15+ ETF cBEu15 cBK 0.12 0.30 12.70 chF 168.98 13.3 12.0 comstage iBoxx €liquid sov. div 15+ ETF cBEu15 cBK 0.12 0.13 12.70 Eur 137.47 13.2 12.3 comstage iBoxx €liquid sov. div 10-15 ETF cBEu10 cBK 0.12 0.32 11.68 chF 161.89 13.1 7.5 comstage iBoxx €liquid sov. div 10-15 ETF cBEu10 cBK 0.12 0.14 11.68 Eur 131.57 13.0 7.8 comstage iBoxx €sov IFl ETF cBIFlE cBK 0.17 0.21 18.85 Eur 114.57 12.7 - comstage iBoxx €sov IFl ETF cBIFlE cBK 0.17 0.31 18.85 chF 140.88 12.6 - comdirect iBoxx €liquid sov. div 7-10 ETF cBEu70 cBK 0.12 0.08 13.27 chF 166.95 11.7 7.1 IBoxx Euro InFlaTIon-lInKEd ETF xEIn dB 0.10 0.37 137.54 Eur 186.99 11.7 - comstage iBoxx €liquid sov. div 5-7 ETF cBEu57 cBK 0.12 0.07 15.59 chF 170.65 11.6 7.9 comstage iBoxx €liquid sov. div 7-10 ETF cBEu70 cBK 0.12 0.07 13.27 Eur 135.60 11.5 7.3 EuroMTs Inflation linked Investment grade ETF lYMTI lxr 0.20 0.11 191.08 Eur 128.55 11.4 2.9 ishares Euro Inflation link Bond ETF csBIlE Ish 0.16 0.41 35.52 Eur 116.03 11.3 3.5 iBoxx Euro liquid sovereigns div 5-7 ETF cBEu57 cBK 0.12 0.07 15.59 Eur 138.61 11.3 8.1 EuroMTs 7-10Y Investment grade ETF lYMTd lxr 0.17 0.07 98.32 Eur 135.72 10.9 5.3 ishares Euro government Bond 7-10 ETF csBgE0 Ish 0.12 0.16 16.86 Eur 123.50 10.9 7.3 EuroMTs 5-7Y Investment grade ETF lYMTc lxr 0.17 0.06 227.07 Eur 135.40 10.2 3.4 ishares Euro government Bond 10-15yr ETF IEgZ Ish 0.00 0.17 22.03 Eur 136.31 9.8 -3.7 EuroMTs global Investment grade ETF lYMTx lxr 0.17 0.09 487.48 Eur 147.20 9.4 2.9 Euro liquid sovereigns div overall Tr ETF cBEuoV cBK 0.12 0.10 26.99 chF 165.31 9.4 5.0 goVT Bond EuroMTs Broad Inv. grd. ETF cB3 aMdI 0.14 0.17 261.47 Eur 189.57 9.3 4.5 IBoxx soVErEIgns EuroZonE ETF xglE dB 0.10 0.19 628.32 Eur 190.08 9.3 - iBoxx Euro liquid sov. div. overall Tr ETF cBEuoV cBK 0.12 0.10 26.99 Eur 134.23 9.2 5.2 ITraxx ® hIVol ucITs 1c ETF xTxh dB 0.10 0.46 11.47 Eur 115.50 8.9 - ishares €government Bond 15-30yr ETF IBgl Ish 0.20 0.23 59.80 chF 211.45 8.8 -0.8 armundi Euro corp. Fin. IBoxx ETF aFIn aMdI 0.16 0.31 98.85 Eur 118.02 8.6 - Euro government Bond 3-7 ucITs (acc) ETF csBgE7 Ish 0.12 0.08 79.61 Eur 116.71 8.4 3.8 Barclays Euro high Yield Bond ucITs ETF JnKE sTT 0.45 1.12 52.37 chF 67.41 8.2 - comstage iBoxx €liquid sov. div 3-5 Tr ETF cBEu35 cBK 0.12 0.25 18.30 chF 162.05 8.0 2.8 comstage iBoxx €liquid sov. div 3-5 Tr ETF cBEu35 cBK 0.12 0.06 18.30 Eur 131.67 7.8 3.1 ITraxx ® EuroPE sr. Fin. ETF xsn5 dB 0.10 0.24 8.96 Eur 109.37 7.7 - Euro liquid corporates Tr Index Tracker JFaIE BaEr 0.50 0.45 - Eur 111.20 7.5 - Euro corPoraTEs ucITs ETF cc4 aMdI 0.16 0.18 253.72 Eur 191.07 7.3 6.2 Euro corporate Bond ETF lYcrP lxr 0.20 0.13 616.67 Eur 130.20 7.3 6.3 IBoxx Eur lIQuId corPoraTEs ETF xBlc dB 0.10 0.31 196.33 Eur 135.90 7.2 - 3y (%) in Chf dP- rating source: Bloomberg | sIx swiss Exchange | derivative Partners
glossarY ACTIVE MANAGEMENT The process of hand selecting securities with the purpose of trying to outperform a benchmark index. Active portfolio managers use economic data, investment research, market forecasts, and other indicators to help make investment decisions. ALPHA A statistical measure of performance adjusted for risk. Alpha reflects the amount by which a mutual fund or portfolio outperforms or underperforms based upon its level of risk. Positive alpha means a portfolio’s risk-adjusted performance was higher compared to its corresponding benchmark index. Negative alpha means a portfolio’s risk adjusted performance was lower compared to its index. The alpha for index ETFs should match the accepted beta of the benchmark. ASSET ALLOCATION The process of apportioning investments among various asset classes, such as stocks, bonds, commodities, real estate, collectibles and cash equivalents. Asset allocation affects both the risk and return of investors, and is often used as a core strategy in basic financial planning. ASSET CLASS Refers to the categorization of an asset. Representative asset classes include equities, bonds, commodities, etc. AUTHORIZED PARTICIPANTS This term refers to large financial institutions, such as specialist firms and market makers, which are involved in the creation and redemption activity of ETF shares. BASIS POINT Measurement used to quote bonds. One basis point is equal to 0.01%, or one one-hundredth of one percent. 100 basis points is equal to 1%, whereas 50 basis points would equal one half percent, or 0.50%. BASKET A unit or group of securities. The grouping of securities within an ETF is sometimes referred to as a basket. BENCHMARK A benchmark is a yardstick or standard for measuring the performance of an investment. For example, the Barclays Capital U.S. Aggregate Bond index is a popular benchmark for judging 79 ExchangE TradEd ProducTs & IndExIng guIdE Switzerland 2013 the performance of diversified taxable bond mutual funds. The goal of most money managers and investors is to outperform their respective benchmark. BETA Beta is a volatility measurement of a stock mutual fund or ETF versus a comparable benchmark like the S&P 500 stock index. A stock fund or ETF with a higher beta than the S&P 500 will rise or fall to a greater degree. In contrast, a stock fund or ETF with a low beta will rise or fall less. BOND A debt instrument issued by corporations and governments to raise capital. Interest on the outstanding debt is paid to bondholders at specific intervals, with the principal amount of the loan paid on the bond maturity date. BLUE CHIPS Blue Chip stocks are regarded as leading companies with world class products and services, universally recognizable brands and run by top-notch management teams. BREAKPOINTS Mutual funds with front-end loads, or a sales charge, enable investors to reduce front-end sales charges as the amount of that investment increases to certain levels called "breakpoints". Each prospectus will have details on the breakpoints used to reduce the front-end sales charge. CALL OPTION A call option gives its owner the right (not obligation) to buy a predetermined quantity of stock or commodities from the seller at a specified price (strike price) within a certain time frame (expiration date). CHICAGO BOARD OPTIONS EXCHANGE (CBOE) Founded in 1973 the CBOE changed options trading by creating standardized listed stock options. Prior to this time, trading options was largely unregulated. The CBOE lists options on interest rates, individual stocks, and various market indexes. The exchange is located in downtown Chicago, IL. CLOSED-END FUND Closed-end funds issue a fixed number of shares through an initial public offering and often use leverage to magnify their performance. Closed-end funds are bought and sold just like
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ExchangE tradEd ProductS & IndExIng
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Top quality. Low price. UBS ETFs. I
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oPEnIng rEMarKs 05 ExchangE TradEd
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Focus a (r)evolution with 23 years
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Focus world since then, and has a m
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Focus cally using an internet tool
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Focus toP-40 outfLowS - SiX-LiStEd
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Focus ETF can be traded on a daily
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adVErTorIal The investor in the for
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InTErVIEW «standardised and reliab
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Focus Success factors in trading ET
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Focus Differing time zones An impor
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Focus hard facts about soft costs P
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Page 81 and 82: glossarY ENHANCED INDEXING This mar
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Page 85 and 86: glossarY TARGET DATE FUND A type of
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