New funds: July 23

● Axa Investment Managers has launched the Axa WF Universal Inflation Bonds fund, providing access to inflation-linked bonds worldwide. The fund charges 40 basis points for institutional investors ($5m minimum) or 60bp for $0.5m minimum investment plus two further share classes for all investors (no minimum) charging 80bp.

● Neuberger Berman has rolled out the Neuberger Berman Global Bond Fund. The institutional share class has a minimum investment of $2.5m with a 40bp management fee while the adviser share class ($1,000 minimum) charges 80bp.

● Brandes Investment Partners has brought out the Brandes Emerging Market Equity Fund with an 85bp management fee and $10,000 minimum investment.

● Sustainable Capital is to launch the Sustainable Resources Fund that will invest in agriculture and forestry projects in Asia, Africa, and globally. The Sustainable Resources Fund requires a minimum investment of £100,000 and carries a 2 per cent management fee and 20 per cent performance fee.

● Deutsche Bank will provide access to China A-shares with the listing of the db X-trackers CSI300 Index ETF on the London Stock Exchange. It carries a 50bp total expense ratio.

● Global X Funds has launched the Global X SuperIncome Preferred ETF on NYSE Arca. It is designed to track 50 of the highest yielding preferred securities in North America and carries a total expense ratio of 58bp.

● ProShares has rolled out two ETFs providing leveraged or inverse exposure to the Australian dollar. The ProShares Ultra Australian Dollar has the memorable ticker GDAY while the ProShares UltraShort Australian Dollar will be known as CROC. Both have a total expense ratio of 95bp.

● Market Vectors has launched its 50th ETF. The Market Vectors Preferred Securities ex-Financials ETF will provide access to the income potential of preferred securities without the volatility of financials. It has a net expense ratio of 40bp.