The Swiss stock exchange is extending its offering of ETF products and has taken on an Irish provider as a new issuer.

SIX Swiss Exchange, the Zurich-based stock exchange operator, has agreed to accept First Trust as a new issuer of Exchange Traded Funds (ETFs), the company said in a statement today.

First Trust joins the Swiss market with two smart beta ETFs. SIX now offers 1,215 ETFs for trading, listed by 23 issuers.

Providing an Alternative Investment Opportunity

The two funds have been launched in Switzerland today, providing investors with additional opportunities to diversify their portfolio with European and Swiss underlyings, SIX said.

First Trust was founded in 1991 with a mission to offer investors an alternative. It distributes a range of U.S. registered ETFs and Irish domiciled UCITS funds.