Deutsche Asset Management today announced that it will offer six
Deutsche X-trackers exchange-traded funds (ETFs) on Schwab ETF
OneSource™, Charles Schwab & Co.'s program that provides investors and
advisors with access to commission-free exchange traded funds.1
As of January 4, Schwab clients can buy and sell the following six
Deutsche X-trackers ETFs commission free:
|
|
|
ETF Name
|
|
Ticker
|
Deutsche X-trackers MSCI EAFE Hedged Equity ETF
|
|
DBEF
|
Deutsche X-trackers MSCI Emerging Markets Hedged Equity ETF
|
|
DBEM
|
Deutsche X-trackers MSCI All World ex US Hedged Equity ETF
|
|
DBAW
|
Deutsche X-trackers MSCI Eurozone Hedged Equity ETF
|
|
DBEZ
|
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF
|
|
RVNU
|
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged
Equity ETF
|
|
HDAW
|
|
|
|
“We are excited that Deutsche X-trackers will be included on Schwab ETF
OneSource,” said Fiona Bassett, Head of Passive in the Americas. “As
part of the program, we are able to expand the exposure of our Deutsche
X-trackers suite and offer investors greater access to our innovative,
currency hedged suite through the broadest commission free ETF offering.”
Offering the broadest suite of currency-hedged ETFs in the US,
Deutsche’s X-trackers US platform has experienced breakthrough success
in 2014 and 2015. With assets totaling USD 19.6 billion as of December
22, 2015, the Deutsche X-trackers platform increased by approximately
360% in 2015, and has continued to be among the fastest growing
exchange-traded fund (ETF) franchises in the US.2 The firm’s
global exchange traded products platform is now the world’s fifth
largest, with approximately USD 76.9 billion in assets under management
as of September 30, 2015.3
Deutsche Asset Management
Deutsche Asset Management
With about USD 836 billion of assets under management (as of September
30, 2015), 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.
About Schwab ETF OneSource™
Schwab ETF OneSource offers investors and advisors access to the
greatest number of commission-free ETFs anywhere in the industry.
Commission-free online trading is available to individual investors at
Schwab, to approximately 7,000 independent investment advisors who use
Schwab’s custodial services and through Schwab retirement accounts that
permit trading of ETFs.
Schwab offers a range of resources to help clients choose ETFs that fit
their investment needs, including the Schwab ETF Select List™,
tutorials, education, research and tools available via Schwab’s online
ETF center and live events at local Schwab branches.
Deutsche Asset Management is not affiliated with, sponsored by, or
endorsed by Schwab. Any information provided by Deutsche Asset
Management should not be considered either a recommendation by Schwab or
a solicitation of any offer to purchase or sell any securities, and
Schwab makes no representations regarding Deutsche Asset Management
content.
Deutsche X-trackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the
“Advisor”) and distributed by ALPS Distributors, Inc. (“ALPS”). The
Advisor 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.
Investing involves risk, including possible loss of principal. Stocks
may decline in value.
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.
No bank guarantee | Not FDIC insured | May lose value
Charles Schwab & Co., Inc. receives remuneration from third-party ETF
companies participating in Schwab ETF OneSource™ for record keeping,
shareholder services and other administrative services, including
program development and maintenance.
Deutsche Asset Management represents the asset management activities
conducted by Deutsche Bank AG or any of its subsidiaries. Clients will
be provided Deutsche Asset 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.
© 2016 Deutsche Asset Management. All rights reserved. 045328_1.0
DBX001749 12/22/16
1 Conditions Apply: Trades in ETFs available through Schwab
ETF OneSource™ (including Schwab ETFs™) are available without
commissions when placed online in a Schwab account. Service charges
apply for trade orders placed through a broker ($25) or by automated
phone ($5). An exchange processing fee applies to sell transactions.
Certain types of Schwab ETF OneSource transactions are not eligible for
the commission waiver, such as short sells and buys to cover (not
including Schwab ETFs). Schwab reserves the right to change the ETFs we
make available without commissions. All ETFs are subject to management
fees and expenses. Please see Charles
Schwab Pricing Guide for additional information.
2 ETF.com
3 Deutsche Asset Management
View source version on businesswire.com: http://www.businesswire.com/news/home/20160104005981/en/
Copyright Business Wire 2016