Deutsche Bank launches world's first Pakistan and Bangladesh ETFs

Pakistan flag
Pakistan arrives in ETF form

Deutsche Bank has listed four new exchange-traded funds (ETFs) on the Singapore Exchange (SGX) through its db X-trackers platform, including the first ever ETFs to be linked to Pakistan and Bangladesh.

"Pakistan and Bangladesh are among the 10 most populated countries in the world and both markets present interesting characteristics," says Marco Montanari, head of Deutsche Bank ETFs and db-X funds in Hong Kong. "Pakistan has one of the lowest P/E ratios in the region and a dividend yield over 7%

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