Deutsche Asset & Wealth Management (Deutsche AWM) today announced that,
effective immediately, the Deutsche X-trackers Harvest CSI 300 China
A-Shares ETF (NYSE Arca: ASHR) and Deutsche X-trackers Harvest CSI 500
China-A Shares Small Cap ETF (NYSE Arca: ASHS) may accept creation
orders above their respective limits of 25 creation units and 5 creation
units, upon prior approval by the ETFs’ manager. Authorized Participants
and Market Makers can contact Deutsche X-trackers’ US capital markets
desk for further information.
Launched in November 2013, ASHR, was the first US-listed ETF to provide
investors with direct equity exposure to the China A-shares market.
Today, ASHR has approximately USD 1.23 billion in assets with an average
daily volume of 1.2 million shares, making it the largest and most
traded choice for investors seeking to invest directly in the onshore
Chinese stock market.1
ASHS was launched in May 2014 and is one of the first US-listed ETF to
provide investors with direct access to small cap China A-shares
equities. ASHS seeks to track the CSI 500 Index, which holds 500 small
cap companies listed on the Shanghai and Shenzhen stock exchanges and in
March 2015, ASHS was awarded Best New International/Global Equity ETF by
ETF.com.
Deutsche X-trackers US ETF business has experienced breakthrough years
in 2014 and 2015. With assets totaling $17.35 billion as of April 29,
2015, an increase of approximately 390% since year end 2014, Deutsche
X-trackers continues to be among the fastest growing ETF franchises in
the US.2 The firm’s global exchange traded products platform
has grown to become the world’s fifth largest, with approximately $56.8
billion in assets under management as of December 31, 2014.3
Deutsche Asset & Wealth Management
With USD 1.25 trillion of assets under management (as of March 31,
2015), 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.
Consider the fund‘s investment objectives, risk factors, and charges
and expenses before investing. This and other important information can
be found in the fund’s prospectus, which may be obtained by calling
1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a
prospectus at dbxus.com. Please read it carefully before investing.
DEFINITIONS: A-shares are companies incorporated in China and
traded on the Shanghai and Shenzhen stock exchanges.
RISKS: Investing involves risk, including the possible loss of
principal. Stocks may decline in value. Foreign investing involves
greater and different risks than investing in US companies, including
currency fluctuations, less liquidity, less developed or less efficient
trading markets, lack of comprehensive company information, political
instability and differing auditing and legal standards. Funds investing
in a single industry, 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 or 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 investments in Chinese
companies include exposure to 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 nature and extent of intervention by the Chinese
government in the Chinese securities markets, and the potential
unavailability of A shares. Uncertainties in the Chinese tax rules
governing taxation of income and gains from investments in A-shares
could result in unexpected tax liabilities for the Fund which may reduce
Fund returns. Any reduction or elimination of access to A-shares will
have a material adverse effect on the ability of the fund to achieve its
investment objective. Performance of the Fund may diverge from that of
the Underlying Index due to operating expenses, transaction costs, cash
flows, use of sampling strategies or operational inefficiencies. An
investment in this fund should be considered only as a supplement to a
complete investment program for those investors willing to accept the
risks associated with the fund. See the prospectus for details.
DBX Advisors LLC is the investment adviser to the Deutsche X-trackers
Funds. Deutsche X-trackers funds are distributed by ALPS Distributors,
Inc. The Fund is managed by DBX Advisors LLC which is not affiliated
with ALPS.
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.
The CSI 300 Index is composed of the 300 largest and most-liquid stocks
in the China A-share market, which trade on the Shanghai Stock Exchange
and the Shenzhen Stock Exchange.
Harvest Global Investments Limited is a wholly owned subsidiary of
Deutsche Bank Group’s asset management joint venture in China, Harvest
Fund Management Co., Ltd., the second-largest asset management company
in the country.
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 investments in China.
No bank guarantee | Not FDIC insured | May lose value
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.
© 2015 Deutsche Asset & Wealth Management. All rights reserved.
R-038283-1.0 DBX001439 4/30/2016
1 Assets under management and average daily volume as of
April 29, 2015, with ADV measured as of 12/31/2014.
2
Source: ETF.com
3 Source: Deutsche AWM
Copyright Business Wire 2015