According to Amundi, the newly launched ETFs will provide exposure to regional and country indices and are all synthetically replicated, using a swap to deliver the return of the respective index.

The ETF provider also said its products are 25% cheaper on average than its competitors, based on the total expense ratio of ETFs tracking the same benchmarks.

Amundi aims to expand its UK-listed ETF range to 50 swap-based products over the next three months and build a sales force in London to capitalize on momentum established in continental Europe last year.

Amundi ETF products are backed by French banks Credit Agricole and Societe Generale, which respectively own 75% and 25% of Amundi.

Amundi ETF managing director Valerie Baudson said the UK is an extremely important and competitive market and they are confident that they have a product range of interest to both institutional and retail investors in the UK, who can now enjoy the same advantages already experienced by other European investors.

Amundi, which has $923.2bn in assets under management, began its European product launch in early 2010.

Apart from UK, Amundi offers ETFs in France, Germany, Switzerland, Italy, the Netherlands.

With the latest listing, the issuer has boosted its total number of its listings to well over 300.