Deutsche Bank has unveiled two new exchange-traded funds (ETFs) in Singapore, Asian Investor reports. The MSCI AC Asia ex-Japan High Dividend Yield ETF, which will be linked to the MSCI AC Asia ex-Japan High Dividend Yield Index, is Ucits III compliant and will be listed in Germany and London in the next month.
The MSCI Philippines ETF will track the MSCI Philippines Investable Market Index, which reflects the performance of large, mid and small capitalization companies in the Philippines. The funds are denominated in U.S. dollars and target institutional investors.
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