Db x-trackers launches emerging markets ETFs

The db x-trackers MSCI Philippines IM offers exposure to large, mid and small-cap companies listed on the national bourse, while the MSCI BRIC tracks a basket of securities from Brazil, Russia, India and China. The db x-trackers MSCI AC Asia ex Japan High Dividend Yield ETF invests in equities from ten countries, all of which must have a dividend yield 30% higher than the average across the parent index. The fund is intended to appeal during a time of low interest rates. Db x-trackers UK head Manooj Mistry said: "Due to our robust swap-based replication technology, we can offer produc...