Yield enhancement products remained the number one category with a 90% share of the market.

An estimated CHF9 billion (US$10.1 billion) was collected from 27,548 products that struck in Switzerland during January 202 5 , according to SRP data. Sales volumes were up 34% compared to December 2024 and increased by 18% compared to January 2024. Seventeen open-ended actively managed certificates (AMCs) have been also added during the first month of the year. Switzerland: issuance & sales volumes (CHFm) Source: SRP As of January 2025, the US dollar remains the dominant currency, acc