Deutsche Bank has released two ETFs offering exposure to Mexico and European real estate stocks on the London Stock Exchange (LSE).
The db x-trackers real estate funds track the performance of exchange-listed real estate investment trusts (REITs) as well as real estate companies from industrialised countries and the eurozone.
The underlying FTSE EPRA/NAREIT indices are market capitalisation-weighted and are designed to provide diversified coverage of the real estate market.
The db x-trackers MSCI Mexico total return index fund tracks the performance of Mexican companies with high and medium market capitalisation.
The bank says Mexico is the second largest economy in Latin America after Brazil and is experiencing dynamic growth. Deutsche's research analysts forecast an economic growth of 3.5% this year.
The db x-trackers FTSE EPRA/NAREIT Developed Europe Real Estate ETF is denominated in euros and has an all-in fee of 0.40% per annum. The FTSE EPRA/NAREIT Eurozone Real Estate fund is also denominated in euros and has a fee of 0.35%.
The MSCI Mexico total return index ETF is denominated in US dollars and has a 0.65% annual all-in fee.
What made financial headlines over the weekend?
Announced on 15 June
The chairman jumps on the World Cup bandwagon
'Really exciting times'