Asia trumps Europe for new Deutsche ETFs

Deutsche Bank has launched a new, Ucits-compliant China exchange-traded fund (ETF) as part of its db x-trackers series on Singapore Exchange (SGX). The China A-Shares ETF tracks the performance of the CSI 300 Index and adheres to the Ucits-3 code for European-domiciled mutual funds. Deutsche also plans to launch another Ucits 3-compliant ETF tracking the MSCI Indonesia Index on SGX next week. Both products will be first offered to investors in Asia before being marketed in Europe. "…