From Asianinvestor.net: Thorsten Michalik is the Frankfurt-based global head of db x-trackers at Deutsche Bank, which has recently entered Asia’s exchange-traded fund (ETF) market. Deutsche Bank launched four ETFs, branded as db x-trackers, on the Singapore Exchange in late February.
The offerings are the bank’s first batch of ETFs in Asia and include the S&P 500 Short ETF, which is Asia’s first “inverse” ETF. This tracks the S&P 500 Index, but in the opposite direction. Investors who expect the S&P 500 Index to fall can buy this ETF, as it is based on the short index which will rise when the main index falls…..Full Article: Source


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