Philippine ETF
As can be said about many Asian countries, The Philippines still have to offer many opportunities for growth. But the country also faces some challenges especially in the field of politics.
Another concern is that The Philippines are a typical boom-bust economy where high growth years are followed by steep downfalls. As an investor in Asia you will have to get accommodated to these rollercoaster rides. Getting in this Philippine ETF at the right moment will be the focus of smart investing in Asia.
DB X-trackers MSCI Philippines IM index UCITS ETF
This MSCI Philippines IM index contains 45 publicly traded companies but you will not find well-known brands or companies in its listings.
Ayala Land, a real estate company is the number 1 company here with a share of 10% in this ETF. Just behind Ayala Land you will find a Philippine telecom company.
Comparing market sectors you will find the financial sector taking up the largest share with 40%. Industry also has a large weighing with more than 20% and Consumer Goods has a 10% share of this Philippine ETF pie.
The relatively small role of the consumer sector indicates that this country is not a very rich country yet. At the same time it indicates its growth potential. This DB X-trackers Philippine ETF is a physical ETF so one has to buy the underlying stocks.
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DB X-trackers MSCI Philippines IM index UCITS ETF info:
ETF provider: Deutsche Asset & Wealth Management (Deutsche Bank Group)
Ticker: XPQP
ISIN: LU0592215403
Currency: EURO
Exchange: Xetra Duitsland
This DB X-trackers MSCI Philippines IM index UCITS ETF has quotations on different exchanges and is known under several ticker symbols. As long as the ISIN number is identical you are dealing with the same ETF.