Deutsche Bank and SCM announce first ETF of ETFs to be listed in the UK

View of the London Stock Exchange from above
The ETF will be listed on the London Stock Exchange

Deutsche Bank's exchange-traded funds (ETF) platform db-X-trackers and wealth manager SCM Private are to list an actively managed multi-asset ETF on the London Stock Exchange on February 24. The product is the first ETF of ETFs to be launched in the UK.

The db X-trackers SCM Multi Asset ETF gives exposure to a portfolio of Deutsche Bank's ETFs and exchange-traded commodities (ETCs). Selection and weightings will be determined on at least a monthly basis by SCM Private, and will be based on the

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