Deutsche Bank lists first ETFs tracking frontier markets

db x-trackers, the Exchange Traded Fund (ETF) arm of Deutsche Bank, has listed in London the first two ETFs tracking the frontier markets. The two funds offer exposure to the new emerging countries by tracking the FTSE Vietnam index and the S&P Select Frontiers index.

The FTSE Vietnam index offers access to the Vietnam financial market and represents the performance of Vietnamese companies trading on the Ho Chi Minh Stock Exchange. The S&P Select Frontier index comprises the 30 largest, most liquid stocks from a range of countries, including Bulgaria, Cambodia, Kazakhstan, Pakistan, Panama and the UAE.

These countries have smaller economies or less developed capital markets than traditional emerging markets and are thus typically excluded from most emerging market benchmarks.

“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,” says Manooj Mistry, head of db x-trackers UK. “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.”