Deutsche Bank’s exchange-traded funds (ETF) platform has cross-listed in London ETFs that provide exposure to the Pakistan and Bangladesh equity markets.
The db x-trackers Pakistan IM TRN Index ETF tracks the performance of large, mid and small capitalization companies listed on stock exchanges in Pakistan. The index currently has 25 constituents. The db x-trackers MSCI Bangladesh IM TRN Index ETF currently tracks the performance of 64 companies, again across the large, mid and small-cap range.
“With the largest number of emerging markets ETFs in Europe, db X-trackers is coming to be regarded as the ‘go to’ ETF provider for emerging markets exposure. These London listings also demonstrate once again how ETFs are making difficult-to-access markets more investable, with db X-trackers playing a key role in developing the market,” says Manooj Mistry (pictured), head of db X-trackers for the UK.
Both ETFs were initially listed on the Singapore Exchange in September 2011 and are also listed on the Deutsche Börse.