Three New Royal Bank of Scotland ETNs Launched on Xetra

RBS and Deutsche Börse expand offering in ETN segment
2. August 2010

Deutsche Börse: Three new exchange traded notes (ETNs) issued by The Royal Bank of Scotland have been tradable throughout Europe on Xetra since Monday. Exchange traded notes track the performance of underlying reference indices outside of the commodities sector.


ETN name: MSCI EFM Africa ex South Africa Daily Net TR USD Index ETN
Asset class: Equity index
ISIN: NL0009360833
Management fee: 1.35 percent
Benchmark: MSCI EFM Africa ex South Africa Daily Net TR USD Index

ETN name: MSCI BRIC ADR Top 50 Index ETN
Asset class: Equity index
ISIN: NL0009496314
Management fee: 0.64 percent
Benchmark: MSCI BRIC ADR Top 50 Index

ETN name: MSCI EM Latin America with Brazil ADR Index ETN
Asset class: Equity index
ISIN: NL0009496322
Management fee: 0.64 percent
Benchmark: MSCI EFM EM Latin America with Brazil ADR Index

The three new Royal Bank of Scotland ETNs enable investors to participate in the performance of equity indices from the MSCI Index family. The MSCI EFM Africa ex South Africa Daily Net TR USD Index tracks the performance of the currently 35 companies in the Africa ex South Africa frontier markets.


The MSCI BRIC ADR Top 50 Index comprises the following sub-indices: MSCI Brazil ADR Index, MSCI Russia ADR Index, MSCI India ADR Index and MSCI China Index. Investors have access to the 50 largest companies weighted by free-float market capitalization from Brazil, Russia, India and China.


The MSCI EM Latin America with Brazil ADR Index represents 85 percent of the market capitalization of Latin America. The index comprises companies from Brazil, Chile, Columbia, Mexico and Peru.


The product offering of Deutsche Börse’s ETP segment currently comprises 174 exchange-listed commodities (ETCs) and 34 exchange traded notes (ETNs).
Xetra® is a registered trademark of Deutsche Börse AG.