Deutsche Asset Management som håller på att harmonisera och byta namn på sina börshandlade produkter (ETF:er och ETC:er), som en del i deras satsning att bredda basen av investerare. De börshandlade produkterna kommer framöver gå under namnet Xtrackers – i stället för de nuvarande benämningarna db X-trackers (ETF:er) och db-X (ETC:er) när db X-trackers byter namn till Xtrackers.
Namnändringen annonseras samtidigt som Deutsche AM ser en stark utveckling för försäljningen inom sitt ETF/ETC-utbud. Från föregående års kämpiga period med stora utflöden har Deutsche AM under det första kvartalet lyckats vända till plus och sett inflöden i sina ETF:er om närmare två miljarder Euro, samtidigt som de ser en ökad efterfrågan från stora investerare.
db X-trackers creates range of low-cost fixed income Core ETFs
Deutsche Asset Management has established a range of db X-trackers fixed income Core ETFs that all use direct physical replication and have low annual all-in fees. db X-trackers creates range of low-cost fixed income Core ETFs
The fixed income Core range provides exposure to Eurozone and US government bonds, to the euro and US dollar corporate bond markets, and to the euro-denominated high-yield corporate bond market (see table below for a list of db X-trackers Core fixed income ETFs). Euro-hedged share classes of those ETFs providing exposure to USD corporate bond and US government bond markets are also available as part of the fixed income Core range.
In establishing the fixed income Core range the db x-trackers II EUR Corporate Bond UCITS ETF (DR) and the db x-trackers Barclays USD Corporate Bond UCITS ETF (DR) have had their annual all-in fees reduced from 0.2% per annum to 0.16% per annum.
“We already have low-cost db X-trackers Core ETFs covering major equity benchmarks, and investors will now welcome a similar focus on efficiency on the fixed income side,” said Simon Klein, Deutsche AM’s Head of ETF Sales, EMEA and APAC.
The db X-trackers equity Core ETFs range was established in 2014, providing major equity benchmark exposure starting at 0.07% all-in fee per annum. All db X-trackers Core ETFs use direct physical replication.
“The inclusion of a range of physical replication fixed income ETFs into the db X-trackers Core range helps give investors the exposures they need to create efficient, long-term core holdings in their portfolios,” added Klein.
For further information please contact:
John Ferry
Deutsche Asset Management
Email: john.ferry@db.com
1 Low cost main-stream benchmark trackers that can be considered suitable (long term) ”core” holdings in investors’ portfolios.
2 Investors should be aware that in addition to the All-In Fee, the ETF may incur other costs which may negatively impact the performance of their investment relative to the underlying index. Examples include: Brokerage and other transaction costs, financial transaction taxes or stamp duties as well as potential differences in taxation of either capital gains or dividend assumed in the relevant underlying index, and actual taxation of either capital gains or dividends in the ETF. The precise impact of these costs cannot be estimated reliably in advance as it depends on a variety of non-static factors. Investors are encouraged to consult the audited annual- and un-audited semi-annual reports for details.
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*Source: Deutsche Asset Management, 21 February 2017
Deutsche Asset Management
With EUR 706 billion of assets under management (as of December 31, 2016), Deutsche Asset Management¹ is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.
¹ Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.
Key risks
Investors should note that the db X-trackers UCITS ETFs1 are not capital protected or guaranteed and investors should be prepared and able to sustain losses of the capital invested up to a total loss.
Shares in db X-trackers UCITS ETFs which are purchased on the secondary market cannot usually be sold directly back to the relevant fund. Investors must purchase and redeem such shares on the secondary market with the assistance of an intermediary (e.g. a market maker or a stock broker) and may incur fees for doing so (as further described in the applicable prospectus). In addition, investors may pay more than the current net asset value of a share in a db X-trackers UCITS ETF when buying shares on the secondary market, and may receive less than the current net asset value when selling such shares on the secondary market.
Investments in funds involve numerous risks including, among others, general market risks, credit risks, foreign exchange risks, interest rate risks and liquidity risks. The value of an investment in a db X-trackers UCITS ETF may go down as well as up and investors may not get back the full amount of their original investment.
Important Notice
This press release has been issued and approved by Deutsche Bank AG, London Branch and has been prepared solely for information purposes, and is not an offer or a recommendation to enter into any transaction.
Deutsche Bank AG is authorised under German Banking Law (competent authority: European Central Bank) and, in the United Kingdom, by the Prudential Regulation Authority. It is subject to supervision by the European Central Bank and by BaFin, Germany’s Federal Financial Supervisory Authority, and is subject to limited regulation in the United Kingdom by the Prudential Regulation Authority and Financial Conduct Authority. Deutsche Bank AG is a joint stock corporation with limited liability incorporated in the Federal Republic of Germany, Local Court of Frankfurt am Main, HRB No. 30 000; Branch Registration in England and Wales BR000005 and Registered Address: Winchester House, 1 Great Winchester Street, London EC2N 2DB.
Please refer to the relevant fund’s full prospectus and the latest version of the Key Investor Information Document for more information on db X-trackers UCITS ETFs. These documents are available free of charge from Deutsche Bank AG, London Branch and constitute the only binding basis for purchase of shares in the ETFs. As explained in the relevant offering documents, distribution of ETFs is subject to restrictions in certain jurisdictions. The ETFs described herein may neither be offered for sale nor sold in the USA, in Canada, in Japan to US Persons or to persons residing in the USA.
All-in Fee:
Direct replication funds. • Investors should be aware that in addition to the All-In Fee, other factors may negatively impact the performance of their investment relative to the underlying index. • Examples include: Brokerage and other transaction costs, Financial Transaction Taxes or Stamp Duties as well as potential differences in taxation of either capital gains or dividend assumed in the relevant underlying index, and actual taxation of either capital gains or dividends in the fund. • The precise impact of these costs cannot be estimated reliably in advance as it depends on a variety of non-static factors. Investors are encouraged to consult the audited annual- and un-audited semi-annual reports for details.
Deutsche AM’s db X-trackers enters ESG corporate bond ETF market
Deutsche Asset Management (Deutsche AM) has created a fixed income ETF to provide investors with environmental, social and corporate governance (ESG)-focused exposure to the euro-denominated corporate bond market. ESG corporate bond ETF db x-trackers II ESG EUR Corporate Bond UCITS ETF (DR) tracks an index of corporate debt filtered to only include companies that meet certain sustainability, social and corporate governance requirements. The fund is a physical replication ETF. “The provision of environmental, social and corporate governance investment solutions is an essential part of Deutsche Asset Management’s overall offering. More investors are starting to access fixed income exposure using ETFs, so it is important to have ESG-focused bond exposure available in ETF form alongside our existing solutions,” said Petra Pflaum, Deutsche AM’s Chief Investment Officer for Responsible Investments. The ESG index underlying the ETF – the Bloomberg Barclays MSCI Euro Corporate Sustainable and SRI Index – has similar yield and duration to its non-SRI equivalent, and is over 99% correlated with it*. For inclusion in the index bonds have to be investment-grade rated and have an amount outstanding of at least EUR 300 million, as well as meeting sustainability and SRI requirements. The db x-trackers II ESG EUR Corporate Bond UCITS ETF has an annual All-in Fee of 0.25% and is listed on the Deutsche Börse.
For further information please contact:
John Ferry Deutsche Asset Management Email: john.ferry@db.com *Source: Deutsche AM, January 2017: Bloomberg Barclays MSCI Euro Corporate Sustainable and SRI Index = duration of 5.3 and yield of 0.97%. Bloomberg Barclays Euro Aggregate Corporate Index = duration of 5.4 and yield of 0.98%. Five-year correlation between both indices = 99.8%.
Product Details
Name of ETF: db x-trackers II ESG EUR Corporate Bond UCITS BBG Code: XB4F ISIN: LU0484968812 Fund Currency: EUR Listing Currency: EUR Annual All-in Fee: 0.25% Physical/synthetic: Physical UCITS compliant: Yes
Deutsche Asset Management
With EUR 706 billion of assets under management (as of December 31, 2016), Deutsche Asset Management¹ is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes. ¹ Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents. Key risks Investors should note that the db X-trackers UCITS ETFs1 are not capital protected or guaranteed and investors should be prepared and able to sustain losses of the capital invested up to a total loss. Shares in db X-trackers UCITS ETFs which are purchased on the secondary market cannot usually be sold directly back to the relevant fund. Investors must purchase and redeem such shares on the secondary market with the assistance of an intermediary (e.g. a market maker or a stock broker) and may incur fees for doing so (as further described in the applicable prospectus). In addition, investors may pay more than the current net asset value of a share in a db X-trackers UCITS ETF when buying shares on the secondary market, and may receive less than the current net asset value when selling such shares on the secondary market. Investments in funds involve numerous risks including, among others, general market risks, credit risks, foreign exchange risks, interest rate risks and liquidity risks. The value of an investment in a db X-trackers UCITS ETF may go down as well as up and investors may not get back the full amount of their original investment.
Important Notice
This press release has been issued and approved by Deutsche Bank AG, London Branch and has been prepared solely for information purposes, and is not an offer or a recommendation to enter into any transaction. Deutsche Bank AG is authorised under German Banking Law (competent authority: European Central Bank) and, in the United Kingdom, by the Prudential Regulation Authority. It is subject to supervision by the European Central Bank and by BaFin, Germany’s Federal Financial Supervisory Authority, and is subject to limited regulation in the United Kingdom by the Prudential Regulation Authority and Financial Conduct Authority. Deutsche Bank AG is a joint stock corporation with limited liability incorporated in the Federal Republic of Germany, Local Court of Frankfurt am Main, HRB No. 30 000; Branch Registration in England and Wales BR000005 and Registered Address: Winchester House, 1 Great Winchester Street, London EC2N 2DB. Please refer to the relevant fund’s full prospectus and the latest version of the Key Investor Information Document for more information on db X-trackers UCITS ETFs. These documents are available free of charge from Deutsche Bank AG, London Branch and constitute the only binding basis for purchase of shares in the ETFs. As explained in the relevant offering documents, distribution of ETFs is subject to restrictions in certain jurisdictions. The ETFs described herein may neither be offered for sale nor sold in the USA, in Canada, in Japan to US Persons or to persons residing in the USA.
Deutsche AM celebrates 10 years of growth and innovation in ETFs
Deutsche Asset Management’s (Deutsche AM’s) db X-trackers ETF business is preparing for a further decade of growth and innovation following the 10-year anniversary of the listing of its first ETFs. Deutsche AM celebrates 10 years of growth and innovation in ETFs.
The first db X-trackers ETF, the db x-trackers MSCI World Index UCITS ETF, which now has over Euros 2.5 billion in assets1, listed on the Deutsche Börse in January 2007 and marked the start of a 10-year period that saw the db X-trackers business become one of the world’s largest and most established ETF providers.
“Since the launch of our first ETF 10 years ago we’ve grown to become the biggest Europe-based globally operative provider of ETFs. That is a remarkable achievement in what is perhaps the most competitive area of the asset management industry,” said Reinhard Bellet, Deutsche AM’s Head of Passive Asset Management.
Today there is approximately USD 57 billion invested in Deutsche AM’s ETFs listed across Europe and Asia, and around USD 13 billion in its ETFs listed in the US2. The fund range has expanded to over 200 ETFs covering all major asset classes.
Industry firsts achieved over the last decade include the listing of the first ETFs in Europe and the US to provide investors with access to China’s domestic A-shares equity market, and the first ETF providing exposure to the global investment-grade bond market. Meanwhile, the db X-trackers platform has been transformed, from its initial inception as a provider of synthetic ETFs to the point today where Deutsche AM is Europe’s second-largest provider of physical ETFs, with the majority of assets under management in physical replication form3.
Bellet continued, “We are rightly celebrating our achievements these past 10 years but we’re very much focused on the future. With a range of physical replication fixed income ETFs we’re well placed to meet investor demand in this important new segment. We will also continue to take a leading market development role in areas such as strategic beta, model portfolios, and demonstrating how passive solutions can meet a wide range of investment challenges.”
Deutsche AM’s range of physical replication bond ETFs includes funds tracking US, European and Asian corporate bond indices, as well as a number of ETFs tracking sovereign bond benchmarks.
1 Source: Deutsche AM, as at Jan 5 2017
2 Source: Deutsche AM, as at Jan 5 2017
3 Source: Deutsche Bank Markets Research. European Monthly ETF Market Review, 6 Dec 2016
Deutsche Asset Management
With EUR 715 billion of assets under management (as of September 30, 2016), Deutsche Asset Management¹ is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.
¹ Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.
Key risks
Investors should note that the db X-trackers UCITS ETFs1 are not capital protected or guaranteed and investors should be prepared and able to sustain losses of the capital invested up to a total loss.
Shares in db X-trackers UCITS ETFs which are purchased on the secondary market cannot usually be sold directly back to the relevant fund. Investors must purchase and redeem such shares on the secondary market with the assistance of an intermediary (e.g. a market maker or a stock broker) and may incur fees for doing so (as further described in the applicable prospectus). In addition, investors may pay more than the current net asset value of a share in a db X-trackers UCITS ETF when buying shares on the secondary market, and may receive less than the current net asset value when selling such shares on the secondary market.
Investments in funds involve numerous risks including, among others, general market risks, credit risks, foreign exchange risks, interest rate risks and liquidity risks. The value of an investment in a db X-trackers UCITS ETF may go down as well as up and investors may not get back the full amount of their original investment.
Important Notice
This press release has been issued and approved by Deutsche Bank AG, London Branch and has been prepared solely for information purposes, and is not an offer or a recommendation to enter into any transaction.
Deutsche Bank AG is authorised under German Banking Law (competent authority: European Central Bank) and, in the United Kingdom, by the Prudential Regulation Authority. It is subject to supervision by the European Central Bank and by BaFin, Germany’s Federal Financial Supervisory Authority, and is subject to limited regulation in the United Kingdom by the Prudential Regulation Authority and Financial Conduct Authority. Deutsche Bank AG is a joint stock corporation with limited liability incorporated in the Federal Republic of Germany, Local Court of Frankfurt am Main, HRB No. 30 000; Branch Registration in England and Wales BR000005 and Registered Address: Winchester House, 1 Great Winchester Street, London EC2N 2DB.
Please refer to the relevant fund’s full prospectus and the latest version of the Key Investor Information Document for more information on db X-trackers UCITS ETFs. These documents are available free of charge from Deutsche Bank AG, London Branch and constitute the only binding basis for purchase of shares in the ETFs. As explained in the relevant offering documents, distribution of ETFs is subject to restrictions in certain jurisdictions. The ETFs described herein may neither be offered for sale nor sold in the USA, in Canada, in Japan to US Persons or to persons residing in the USA.
All-in Fee:
Direct replication funds. • Investors should be aware that in addition to the All-In Fee, other factors may negatively impact the performance of their investment relative to the underlying index. • Examples include: Brokerage and other transaction costs, Financial Transaction Taxes or Stamp Duties as well as potential differences in taxation of either capital gains or dividend assumed in the relevant underlying index, and actual taxation of either capital gains or dividends in the fund. • The precise impact of these costs cannot be estimated reliably in advance as it depends on a variety of non-static factors. Investors are encouraged to consult the audited annual- and un-audited semi-annual reports for details.
db X-trackers voted best-known ETF brand in Germany
db X-trackers – the exchange traded fund (ETF) brand of Deutsche Asset Management (Deutsche AM) – has been voted best-known ETF brand in Germany for second year in a row in a survey conducted by IPE Institutional Investment, the German arm of Investment & Pensions Europe (IPE).1 The survey, ‘Institutional Investors’ needs 2016’, was conducted among 140 institutional investors in Germany accounting assets under management of around 590 bn EUR. Meanwhile, on the question of the best ETF service provider, db X-trackers was placed first, as it also was in the last survey conducted in 2014.
Erik Rotander, Head of Nordics, Passive Investments, said: “It is very important for us to deliver consistently high service levels to our clients, and investors clearly trust us for our expertise. Branding and services are important differentiation factors among ETF providers”.
The survey also found that ETFs have a high priority among institutional investor with two thirds confirming they use ETFs for tactical and strategic asset allocation purposes.
It also found that investors tend to choose an ETF provider based on a suitable product suite under the condition that the price, transparency and liquidity are also competitive.
The risks of ETFs include the following:
The value of ETF units can fall at any time below the price that the investor paid for the fund units. Losses can result.
Swap-based ETFs carry a counterparty risk of max. 10% of the net book value from derivatives transactions according to restrictions set out in OGAW/UCITS.
The value of ETF units can be negatively influenced by legal, economic or political changes, market volatility and/or volatility in the assets of the sub-fund and/or the reference object.
With EUR 739 billion of assets under management (as of March 31, 2016), Deutsche Asset Management¹ is one of the world’s leading investment management organizations.
Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.
¹ Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.
