Deutsche Asset & Wealth Management announced today that the db
X-trackers Harvest CSI 300 China A-Shares Fund (ASHR) has been
recognized by ETF.com for two separate distinctions at the
publication’s first annual ETF Awards. The awards, which were designed
to recognize products that are moving the industry forward and helping
to create better outcomes for investors, named ASHR the “Most
Groundbreaking New ETF of 2013” and “Best New International/Global
Equity ETF of 2013.” Winners were selected through a three-part process
that solicited insights and opinions from more than 15,000 members and
leaders of the exchange-traded fund community.
“It is such an honor to have ASHR, a product that encapsulates the
proficiency of the team at Deutsche Asset & Wealth Management, as well
as the global access and expertise of Deutsche Bank, recognized by both
experts at ETF.com and the ETF industry,” said Martin
Kremenstein, Head of U.S. ETFs for Deutsche Asset & Wealth Management.
ASHR is the first U.S. ETF to offer direct access to the China A-shares
market without the use of derivatives. Since the ETF launched on
November 6, 2013 with an initial capital investment of $108 million,
assets under management have increased to $166 million and ASHR’s
average daily volume has reached approximately 265,000 shares per day.
“As the first physical ETF to be able to access the China A-shares
market, ASHR is the brainchild of a true collaboration between DeAWM and
Harvest. To be recognized by our industry peers gives us further impetus
to develop and deliver innovative ETFs to investors globally,” added
Choy Peng Wah, CEO of Harvest Global Investments Limited.
Deutsche Asset & Wealth Management’s U.S. exchange-traded products (ETP)
platform has approximately $11 billion in assets under management as of
December 31, 2013. The firm’s global ETP platform, launched in 2006, has
grown to become the world’s fifth largest, with approximately $63
billion in assets under management as of December 31, 2013.1
For more information about the ETPs available in the U.S., visit: http://www.dbxus.com.
Carefully consider the fund’s investment objectives, risk factors,
and charges and expenses before investing. This and other information
can be found in the fund’s prospectuses, which may be obtained by calling
1-855-329-3837 or by visiting www.dbxus.com.
Read the prospectus carefully before investing.
RISKS: Investing involves risk, including the possible loss of
principal, International investing involves greater and different risks
than investing in U.S. companies and funds investing in a single country
or in a limited geographic region generally are more volatile than more
diversified funds. Emerging markets tend to be more volatile than the
markets of more mature economies, and generally have less diverse and
less mature economic structures and less stable political systems than
those of developed countries. Special risks associated with
international investing include: currency fluctuations, less liquidity,
less developed or less efficient trading markets, lack of comprehensive
company information, political instability and differing auditing and
legal standards. The fund may use derivatives which entail risks
relating to liquidity, leverage and credit that may reduce returns and
increase volatility. An investment in this fund should be considered
only as a supplement to a complete investment program for those
investors willing to accept the greater risks associated with investing
internationally. Please read the Fund’s prospectus for a complete
discussion of the risks associated with investing in the Fund.
One cannot invest directly in an index.
Shares of the fund may be sold throughout the day on the exchange
through any brokerage account. However, shares may only be purchased and
redeemed directly from the fund by authorized participants in very large
creation/redemption units. There is no assurance that an active trading
market for shares of the fund will develop or be maintained.
Investment products: No bank guarantee | Not FDIC insured | May lose
value
DBX Advisors LLC is the investment adviser to the db X-trackers Funds.
ALPS Distributors is the distributor of the db X-trackers Funds.
ALPS Distributors, Inc. is not affiliated with Deutsche Asset & Wealth
Management or Harvest Global Investments Limited.
R-034380-1 DBX833 (3/15)
Deutsche Asset & Wealth Management
With $1.28 trillion of assets under management (as of December 31,
2013), Deutsche Asset & Wealth Management¹ is one of the world's leading
investment organizations. Deutsche Asset & Wealth Management offers
individuals and institutions traditional and alternative investments
across all major asset classes. It also provides tailored wealth
management solutions and private banking services to high-net-worth
individuals and family offices.
¹ Deutsche Asset & Wealth Management is the brand name of the Asset &
Wealth Management division of the Deutsche Bank Group. The legal
entities offering products or services under the Deutsche Asset & Wealth
Management brand are listed in contracts, sales materials and other
product information documents.
Harvest Global Investments Limited
Harvest Global Investments Limited was amongst the first few Chinese
asset managers in Hong Kong to obtain Renminbi Qualified Foreign
Institutional Investor (RQFII) status in China and has successfully
launched seven RQFII products, including four RQFII ETFs.
Harvest Global Investments Limited is a wholly owned subsidiary of
Harvest Fund Management Co., Ltd., one of first and top three largest
asset management companies in China.
Harvest Group has managed China A-shares passive strategies since 2005
and, as of the end December 2013, manages 20 index funds, including nine
ETFs with total passive assets under management of approximately $10
billion and total group assets under management in excess of $55 billion.
1 Source: Deutsche Bank, Bloomberg Finance LP, Reuters.
Copyright Business Wire 2014