Deutsche Bank has launched four new Exchange Traded Funds (ETFs) on the Singapore Exchange Securities Trading Limited (SGX).

The products include Asia's first ETFs to track the performance of US and European sovereign bonds, as well as Asia's first ETF to track US inflation-linked bonds.

Marco Montanari, head of db x-trackers ETFs, Asia, said: "With these four new ETFs, db x-trackers now has a total of 20 ETFs listed on the SGX."

The four ETFs, offered through Deutsche Bank's global ETF platform - db x-trackers - have already been traded on several European exchanges. Three of the four ETFs track fixed income indices and are domiciled in Luxembourg for tax reasons - other off-shore ETFs domiciled in the US may be taxed up to 30%on their coupons.

"The yield of some Eurozone countries has become very attractive, while ETFs also represent a flexible and transparent instrument to access the Eurozone fixed income market," said Montanari.

The iBoxx € Sovereign Eurozone TR Index ETF (KF6), is based on more than 250 bonds issued by more than 10 Eurozone countries. And the iBoxx $ Treasuries TR (KF7) and USD IG Inflation-linked Treasuries ETFs (KF5) cover a diversified basket of US nominal and inflation-linked sovereign bonds.

Montanari said: "Our USD IG Inflation-linked Treasuries ETF (KF5) is the first-inflation linked ETF listed in Asia. It offers institutional investors a natural hedge against the risk of rising inflation."