Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Deutsche Asset Management Extends Relationship with Schwab ETF OneSource™

DBEF, DBEM, DEUS, DBAW, DEEF, DBEZ, RVNU

Deutsche Asset Management Extends Relationship with Schwab ETF OneSource™

Deutsche Asset Management today announced that it will offer two additional 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 ETFs.1 As of January 4, Schwab clients can now buy and sell the following eight Deutsche X-trackers ETFs commission free:

   
ETF Name     Ticker
Effective Jan. 4, 2017
Deutsche X-trackers FTSE Developed ex US Comprehensive Factor ETF    

DEEF

Deutsche X-trackers Russell 1000 Comprehensive Factor ETF     DEUS
Effective Jan. 4, 2016
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 to be able to offer two more Deutsche X-trackers funds on Schwab ETF OneSource,” said Fiona Bassett, Head of Passive Asset Management in the Americas. “As part of the program, investors now have greater access to two of our comprehensive factor ETFs, which are intended to serve as core portfolio allocations as well as alternatives to traditional market cap weighted domestic and international index products.”

Deutsche Asset Management

With EUR 715 billion of assets under management (as of September 30, 2016), Deutsche Asset Management2 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.

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.

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 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.

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 and less liquid 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. 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. 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.

DBX Advisors LLC (DBX) is the investment adviser to the Deutsche X-trackers ETFs, which are distributed by ALPS Distributors, Inc. (ALPS). DBX is an indirect, wholly-owned subsidiary of Deutsche Bank AG, neither of which is affiliated with ALPS.

ALPS Distributors, Inc. is not affiliated with Charles Schwab.

One cannot invest directly in an index.

While shares of the ETFs are not individually redeemable, shares may be sold throughout the day on the Exchange through any brokerage account. Only authorized participants may purchase and redeem shares directly from the ETFs in very large Creation Units. There is no assurance that an active trading market for shares of the ETFs will develop or be maintained.

No bank guarantee | Not FDIC insured | May lose value

© 2017 Deutsche Asset Management. All rights reserved. DBX002462 01/04/18

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 it makes available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.

2 Deutsche Asset Management represents the asset management activities conducted by Deutsche Bank AG or any of its subsidiaries.

Deutsche Bank AG
Press & Media Relations
Oksana Poltavets, +1 212-250 0072
oksana.poltavets@db.com

Tags:


Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today