Deutsche Bank lists first ETF linked to India's Nifty on Deutsche Börse

Deutsche Bank has listed two ETFs on Deutsche Börse’s XTF segment: the db x-trackers S&P CNX Nifty ETF tracks the performance of S&P’s Indian Nifty 50 Index, and the db x-trackers MSCI Korea TRN Index ETF tracks the performance of the MSCI Total Return Net Korea Index.

The Indian index product is the first internationally traded ETF linked to the S&P CNX Nifty Index, a 50 stock index providing exposure to 22 sectors of the Indian economy. The ETF will be listed on Deutsche Börse Frankfurt, and is expected to be listed on other European stock exchanges inthe UK, Switzerland, Italy and France.

The MSCI Korea Total Return Net Korea Index is a free-float adjusted performance index weighted by market capitalisation, which tracks the performance of 93 companies from