Credit Suisse said that it now provides institutional investors, family offices, high net worth individuals and private clients with the accessibility of a euro-dominated, UCITS III fund structure.

The UCITS III FX Factor Fund uses systematic, rules-based strategies in a risk balanced process. The fund aims to track the performance of the Credit Suisse FX Factor Index which was launched in April 2009, the group added.

The FX Factor Index is based on six strategies: carry, momentum, valuation, growth, terms of trade and emerging markets. The index uses 18 currencies to employ its strategies - in addition to the euro, nine major currencies and eight emerging markets currencies.

Simon Hards, managing director and head of foreign exchange options at Credit Suisse, said: "We believe investors want to diversify their exposure and reduce risk through systematic, rules-based strategies. The launch of the fund demonstrates the momentum Credit Suisse has shown in developing superior products with diversified and controlled returns from foreign exchange markets."

A service of YellowBrix, Inc.