UK - Deutsche Bank's exchange traded fund (ETF) subsidiary, db x-trackers, has announced the launch of two products aimed at institutional investors, offering exposure to emerging and frontier markets.
The S&P Select Frontiers Index tracks 30 of the largest and most liquid stocks in counties with smaller economies and less well developed markets, which are excluded from traditional emerging market trackers, such as Bulgaria, Cambodia, Kazakhstan, Pakistan, Panama and the United Arab Emirates.
Manooj Mistry, head of db x-trackers UK, said: "These two new ETFs are the continuation of our objective to deliver innovative new products which are efficient and easy for both retail and institutional investors to access.
"The new ETFs allow investors access to the new wave of emerging markets and with low fees, full flexibility and proven efficient tracking, these ETFs are an attractive proposition to all investors."
The S&P Select Frontiers Index has a management fee of 0.95%, while the FTSE Vietman Index charges 0.85%.
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