OTP CETOP exchange-traded fund surpasses $119M in assets

The OTP CETOP UCITS ETF has reached an important milestone, with the net asset value of the exchange-traded fund (ETF) focusing on Central and Eastern European blue-chip stocks rising above EUR 100 million ($119 million).

Launched in spring 2024, the ETF has quickly become one of the fastest-growing investment products on the Hungarian market. This growth showed that interest in regional equity markets is increasing not only among institutional investors, but also among private individuals.

"The strength of the OTP Group lies in group-level cooperation and cross-border knowledge sharing. As a Budapest-based multinational company, we have deep regional market knowledge in Central and Eastern Europe, which provides strong support to our clients. This shared expertise and our close cooperation with OTP Fund Management made it possible to create a product that fills a real gap in the market: the OTP CETOP UCITS ETF. Reaching EUR 100 million ($119 million) in less than two years is not just an impressive figure, but clear proof that with the right structure and transparent operation, a leading regional investment product can be built. One that can serve as a regional benchmark and help maintain long-term interest in Central and Eastern European markets," said Attila Bánfi, managing director of OTP Global Markets.

The fund provides access to the region’s largest and most actively traded listed companies through a single investment instrument. This makes it easier to invest in the region for those who previously considered it too risky or too complex to invest separately in different countries. This applies to both retail and institutional investors, as many institutional players were previously unable to enter Central and Eastern European capital markets due to legal or settlement-related barriers. The OTP CETOP UCITS ETF, which is also available in derivative form, supports better market understanding and long-term thinking in the region’s equity markets.

"With the OTP CETOP UCITS ETF, we have created a missing link that connects investors with the leading companies of our region in a cost-efficient way," said Tibor Turner, deputy CEO of OTP Fund Management. He added that Central and Eastern European equity markets remain undervalued compared to developed markets, which may offer an attractive entry point for investors over the long term.

"In 2025, the CETOP NTR index was the most actively traded ETF on the Budapest Stock Exchange, and its 56% increase clearly shows the strength of Central and Eastern European equity markets. The growth of the index and the popularity of the ETF indicate that regional companies, including Hungarian ones, are attractive to both domestic and international retail and institutional investors. The product created by the OTP Group is an important part of the Budapest Stock Exchange’s offering and demonstrates the long-term professional value of cooperation between OTP and the exchange," said Tibor Tóth, CEO of the Budapest Stock Exchange.

Re-disseminated by Wealth and Society