Deutsche Bank db X-trackers has listed two new ETFs on SGX.
The db X-trackers MSCI AC Asia ex Japan High Dividend Yield (HDY) ETF tracks an index with securities that offer a sustainable dividend yield which is at least 30% higher than the parent MSCI AC Asia ex Japan Index. The current yield of the index is ~3.75%. The db X-trackers MSCI AC Asia ex Japan HDY ETF is the world’s first high dividend ETF focused on stocks from Asia ex Japan.
The db X-trackers MSCI Philippines Investable Market (IM) ETF tracks an index which reflects the performance of large, mid and small capitalisation companies in the top 99% of the free float-adjusted market capitalization of equity securities listed on stock exchanges in the Philippines.
Both ETFs have an all-in management fee of 0.65% pa.