Swissquote Marijuana Portfolio Yields Return of 25% Since Inception

The Swissquote Cannabis Portfolio, a certificate traded on the Swiss ‎stock exchange (SIX), has generated a one-month return of 12.9 percent. Since its inception on April 10, the ‎exchange-traded product is up nearly 26 percent, making it one of ‎the best-performing SIX-listed certificates during this timeframe.

Swissquote’s offering removes one of the barriers to the introduction of a ‎Cannabis ETP to retail investors as the new vehicle allows ‎them to buy into the market without having to become experts on the ‎subject. ‎

The diversified portfolio is designed to provide exposure to the ‎performance of a basket of North American publicly listed companies with ‎significant business activities in the marijuana industry. The portfolio selects ‎from a current universe of companies that have operations that include ‎one or more of biopharmaceuticals, medical manufacturing, distribution, bioproducts and other ancillary businesses related to the marijuana industry.  ‎

“Ranging from early-stage production and distribution to final consumption for personal ‎and medical use (i.e. medicines, pain relief, cancer treatment, etc.), our cannabis ‎certificate provides full coverage of the marijuana industry, allowing for the highest ‎expected returns.,” says Switzerland’s provider of online trading services.‎

This new instrument is designed for investors who ‎recognize the potential of flourishing cannabis industry but rather ‎than taking the risk of investing in a single stock; they look for a structured product that is easy to trade and ‎actively managed. ‎

As Canada moves to legalize recreational pot, the value of the ‎nascent market continues to grow rapidly. By 2030, it is anticipated that the ‎North American marijuana market will grow to a value of $75 billion.‎

(Photo: Swissquote)

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