db x-trackers offered in dollar, sterling, franc

The currency ETFs have continued to gain traction since launch last year, gaining 178% in investments since the start of the year to reach $211 million by October 27 (FX Week, October 6, 2008). Torquil Wheatley, director of global finance and foreign exchange at the bank in London, said most of the investments have come from pension funds diversifying equity and bond portfolios with FX.

Three of the Frankfurt-listed ETFs track valuation, momentum and carry strategies respectively, while the

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