Deutsche Bank has rolled out the db-x trackers Global Fund Supporters ETF, Financial Times reports. The fund will provide investors with exposure to a basket of companies, which have provided support for the fight against Aids, tuberculosis and malaria. The Ucits III compliant ETF is designed to track the performance of the Dow Jones Global Fund index, whose 50 constituents include some of the world’s largest companies, such as HSBC, Exxon Mobil and Vodafone. The firm will also list a second global fund in Abu Dhabi in the next few months.
Click here for the story from Financial Times.
Click here for additional coverage from IFA Online.