Asia

Far East ex Japan index ETF launched on Xetra

Thu, 13/03/2014 - 12:03

A new db x-trackers exchange-traded fund from Deutsche Asset & Wealth Management – db x-trackers MSCI AC Far East ex Japan Index UCITS ETF (DR) – is now trading in the XTF segment on Xetra.

The new ETF enables investors to participate for the first time in the performance of stock corporations from certain countries in the Far East (excluding Japan) with simultaneous hedging against exchange rate fluctuations between the euro and US dollar.
 
The reference index represents a total of 85 per cent of the market capitalisation in the following countries: China, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand. 




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