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Deutsche Asset & Wealth Management's US X-trackers Platform Surpasses USD 20 Billion in Assets Under Management

DBEF, DB

Deutsche Asset & Wealth Management (Deutsche AWM) today announced its US Deutsche X-trackers platform surpassed USD 20 billion in assets under management (AUM), and has improved its market share position to a top-10 ETF provider in the US.1 With assets totaling USD 20 billion as of August 7, 2015, the Deutsche X-trackers platform has increased by approximately 365% since year end, and continues to be among the fastest growing exchange-traded fund (ETF) franchises in the US.2

“We are extremely proud of reaching this important milestone,” said Jerry Miller, Head of Deutsche AWM in the Americas. “In just two years, we have taken our platform from under USD 500 million to USD 20 billion in assets under management, proving our commitment to delivering innovative investment strategies to our clients and the opportunity that lies ahead of us.”

Deutsche Asset & Wealth Management’s global exchange-traded platform launched in 2006, and is the world’s fifth largest ETF provider with approximately USD 76.9 billion in assets under management. Within the US, the platform offers 24 ETFs with a focus on currency-hedged strategies. It offers 17 currency-hedged products, making it the broadest currency-hedged suite in the US. The Deutsche X-trackers MSCI EAFE Hedged Equity Fund (Ticker: DBEF), the flagship currency-hedged ETF, has grown from USD 1.7 billion to approximately USD 14.1 billion in assets under management since the beginning of 2015.3

“Driven by massive divergence in central bank policies across the globe, we have experienced outsized demand for our currency-hedged ETFs,” said Fiona Bassett, Head of Passive for Deutsche AWM in the Americas. “As a European-based bank, we will continue to leverage our local insight to offer the most comprehensive suite of currency-hedged international equity ETFs in the US.”

Serving a broad client base, Deutsche X-trackers uses its global reach to offer distinct, relevant investor solutions within today’s marketplace. In addition to the growth of its currency-hedged suite, Deutsche’s X-trackers platform was the first provider to offer access to China’s equity markets, and most recently, was first to offer a US-listed ETF to track the JPX-Nikkei 400 Index with Deutsche X-trackers JPX-Nikkei 400 Index (Ticker: JPN).

“As we build upon this milestone, we remain committed to our strategy of growing our market share by creating differentiated, indexing products and strategies that anticipate investors’ portfolio needs,” said Bassett. “Our goal is to create products that address investors’ unmet needs, optimize portfolios and enhance risk-adjusted returns over the long term.”

For more information about the ETFs available in the US, visit: http://www.deutsche-etfs.com.

Deutsche Asset & Wealth Management

With USD 1.27 trillion of assets under management (as of June 30, 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.

Deutsche X-trackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the “Advisor”), and distributed by ALPS Distributors, Inc. (“ALPS”). The Advisors is a subsidiary of Deutsche Bank AG, and is not affiliated with ALPS.

MSCI is a servicemark of MSCI Inc. (MSCI) and has been licensed for use by DBX. The funds are not sponsored, endorsed, issued, sold or promoted by MSCI nor does MSCI make any representation regarding the advisability of investing in the funds.

JPN is new and has limited operating history. One cannot invest directly in an index.

The JPX 400, which is calculated by a method jointly developed by Japan Exchange Group, Inc. (hereinafter "JPX") and Tokyo Stock Exchange, Inc. (hereinafter "TSE") (hereinafter "JPX" and "TSE" are collectively called "JPX group"), and Nikkei Inc. (hereinafter "Nikkei"), is a copyrightable work. JPX group and Nikkei own the copyright and any other intellectual property rights in the JPX-Nikkei Index 400 itself, the method for calculating the JPX-Nikkei Index 400 and the selection of its constituent stocks (including the related information), and ownership of trademarks and any other intellectual property rights with respect to marks representing the JPX-Nikkei Index 400, etc. belong to JPX group and Nikkei. The Fund is not sponsored, endorsed, issued, sold or promoted by the JPX group or Nikkei, nor do they make any representations regarding the advisability of investing in the Fund.

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 deutsche-etfs.com. Please read it carefully before investing.

RISKS:

Investing involves risk, including possible loss of principal. Stocks may decline in value. Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. 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. 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. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. 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. 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. Performance of a Fund may diverge from that of an Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. For a Fund that focuses its investments in Japan, it can be impacted by the events and developments in Japan that can adversely affect performance. There are additional risks associated with investing in high-yield bonds, aggressive growth stocks, non-diversified/concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses, as applicable. An investment in any Fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the prospectus for more information.

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-039218-1.0

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1 Source: Morningstar.com as of 8/6/2015
2 Source: ETF.com
3 Source: Deutsche AWM as of 8/5/2015

Deutsche Bank AG Press & Media Relations
Catherine Wooters, +1 212-250-2790
catherine.wooters@db.com