New Deutsche Bank ETFs launched on Xetra

Release date: Feb 14, 2008

Targeted investment in frontier markets

A new fund issued by db x-trackers, a subsidiary of Deutsche Bank has been tradable since Wednesday. This new fund enables investors to participate in the development of the S&P Select Frontier Index. The db x-trackers II S&P Select Frontier ETF (ISIN:  LU0328476410) comprises the largest and most liquid stocks from frontier markets. S&P defines frontier markets as smaller economies or capital markets which are less developed than emerging markets. The index is weighted on the basis of free float and market capitalization; it is reassembled twice a year, in January and July.

 

Further information
Deutsche Börse’s XTF segment set a new turnover record in January 2008 with €14.4 billion. The product offering currently contains a total of 302 exchange-traded index funds, and is therefore the largest offering of all European stock exchanges. This selection, together with an average monthly trading volume of over €9 billion, makes Deutsche Börse’s XTF segment Europe’s leading trading venue for ETFs.