This is another variant of the My First Victorinox model with an additional saw layer. It is still marketed for the kids and is often packaged in a box and a lanyard included.
This Translucent Red model is item number: 0.2373.T. It is also available in Translucent Blue (Item Number: 0.2373.T2) and Translucent Pink (Item Number: 0.2373.T5) cellidor scales. It is also available in Nylon red scales (Item Number: 2.2373).