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The Fund seeks to track the investment results of the MSCI Switzerland 25/50 Index (the "Underlying Index"), composed of Swiss equities. The Fund will at all times invest at least 80% of its assets in the securities of its Underlying Index and in depositary receipts representing securities in its Underlying Index.

Joachim Nagel, President of the Bundesbank and ECB Governing Council Member discusses the central bank's latest interest rate decision, his outlook for further rate hikes, and the political landscape in Germany.

Borrowing costs soar in Europe and oil tops $105 a barrel as bank flags mounting price pressures in eurozone

The European Central Bank increased interest rates for the second time since the Iran war started, responding to signs inflation is set to stay well above 2%. The deposit rate was lifted by a quarter-point to 2.5%.

Resurgent oil and gas prices have reignited concerns over price pressures.

Long-dated eurozone government bond and Treasury yields edged higher, awaiting the ECB's expected rate hike and the Treasury's first buyback auction with increased volume.