Deutsche Asset & Wealth Management (“Deutsche AWM”) announced today the
launch of the Deutsche European Equity Fund (tickers: Class A – DURAX,
Class C – DURCX, Class INST – DURIX, Class S - DURSX) (“the Fund”). The
Fund is an open-end mutual fund that seeks long-term capital
appreciation by investing in companies headquartered in Europe across a
range of countries, sectors and capitalizations.
“Deutsche Asset & Wealth Management is uniquely positioned to help
investors capitalize on opportunities stemming from ongoing structural
adjustments in the Eurozone,” said Jerry Miller, Head of Deutsche Asset
& Wealth Management in the Americas. “With the launch of the Deutsche
European Equity Fund, we are offering our global perspective and
expansive regional expertise to US investors seeking European equity
exposure.”
The Fund utilizes an active bottom-up investment approach which focuses
on European companies with above-average earnings potential. The Fund
management team is well resourced, comprised of over 30 dedicated
portfolio managers with an average of 13 years of investment experience
in all major European market segments. The portfolio management team is
led by Britta Weidenbach, Gerd Kirsten, Mark Schumann and Christian
Reuter.
“We are excited to bring to the US market a unique product that
leverages our fundamental research and unparalleled investment
experience in the European equity space,” said Britta Weidenbach, Head
of Large Cap Equities for Deutsche Asset & Wealth Management. “This
addition to our mutual fund suite is yet another way Deutsche AWM is
providing investors with significant investment opportunities in
companies with strong balance sheets, durable business models and
prudent management.”
Deutsche Asset & Wealth Management
With $1.27 trillion of assets under management (as of September 30,
2014), 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 Management and 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.
Important risk information:
Investing in foreign securities presents certain risks, such as currency
fluctuations, political and economic changes. Investing in derivatives
entails special risks relating to liquidity, leverage and credit that
may reduce returns and/or increase volatility. Any fund that focuses in
a particular segment of the market or region of the world will generally
be more volatile than a fund that invests more broadly. The fund may
lend securities to approved institutions. Stocks may decline in value.
Obtain a prospectus
To obtain a summary prospectus, if available, or prospectus, download
one from www.deutschefunds.com,
talk to your financial representative or call (800) 728-3337. We advise
you to carefully consider the product’s objectives, risks, charges and
expenses before investing. The summary prospectus and prospectus contain
this and other important information about the investment product.
Please read the prospectus carefully before you invest.
Investment products offered through DeAWM Distributors, Inc. Advisory
services offered through Deutsche Investment Management Americas, Inc.
Deutsche Asset & Wealth Management represents the asset management and
wealth management activities conducted by Deutsche Bank AG or any of its
subsidiaries. Clients will be provided Deutsche Asset & Wealth
Management products or services by one or more legal entities that will
be identified to clients pursuant to the contracts, agreements, offering
materials or other documentation relevant to such products or services.
DeAWM Distributors, Inc.
222 South Riverside Plaza, Chicago,
IL, 60606-5808
www.deutschefunds.com
service@Deutsche.com
Tel
(800) 621-1148
©2014 DeAWM Distributors, Inc. All rights reserved
R-036730-1.0
Issued by press department of Deutsche Bank AG NY
60 Wall Street,
New York, NY 10005
Phone +1212 250 7171
https://www.db.com
https://www.db.com/press
E-mail:
press-media-relations.americas@db.com
Copyright Business Wire 2014