Deutsche Bank's Db X-trackers and HSBC each launched an exchange-traded fund aimed at satisfying growing investor appetite in Europe for funds focused on the Standard & Poor's 500. The Db X-trackers S&P 500 ETF, with a 0.2% management fee, trades on Germany's Xetra exchange. The HSBC S&P 500 ETF, listed on the London Stock Exchange, charges 0.15% a year.

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