Deutsche Bank lists first ETFs tracking frontier markets

db x-trackers, the Exchange Traded Fund (ETF) arm of Deutsche Bank, has listed in London the first two ETFs tracking the frontier markets. The two funds offer exposure to the new emerging countries by tracking the FTSE Vietnam index and the S&P Select Frontiers index.

The FTSE Vietnam index offers access to the Vietnam financial market and represents the performance of Vietnamese companies trading on the Ho Chi Minh Stock Exchange. The S&P Select Frontier index comprises the 30 largest, most liquid stocks from a range of countries, including Bulgaria, Cambodia, Kazakhstan, Pakistan, Panama and the UAE.

These countries have smaller economies or less developed capital markets than traditional emerging markets and are thus typically excluded from most emerging