Deutsche Bank will be listing the first ETF in the world to track the MSCI Indonesia Index, the db x-trackers MSCI Indonesia ETF, in Singapore from 8th March 2010.
The ETF will be denominated in USD with an all-in fees of just 0.65% per year.
ISIN: LU0476289623
Indonesia has been one of the top performing markets in 2009, with MSCI Indonesia returning 117% from Jan 2009 to 26 Feb 2010. Over that same period, MSCI BRIC returned 77.6%, MSCI China 51.5%, MSCI USA 26.5%, MSCI World 27.3% and MSCI Europe returned 20.7% respectively.
With this new ETF, investors in Singapore will have a low cost way of investing into the Indonesia market.