Currency-hedged exchange traded funds have been among this year's most prolific asset gatherers. Three such funds are among the top 10 asset-gathering ETFs this year. The Deutsche X-trackers MSCI EAFE Hedged Equity ETF (NYSE: DBEF) is one of those funds.
In fact, only one ETF has added more new assets this year than the nearly $12.9 billion added by DBEF. Among other offerings, this ETF has helped cement Deutsche Asset & Wealth Management's (Deutsche AWM) status as a leading issuer of currency hedged ETFs and the firm is bolstering that status with the debut of six new currency hedged funds.
Deutsche AWM adds its second yen hedged ETF with the debut of the Deutsche X-trackers Japan JPX-Nikkei 400 Hedged Equity ETF (NYSE: JPNH). JPNH is the currency hedged answer to the Deutsche X-trackers Japan JPX-Nikkei 400 Equity ETF (NYSE: JPN), which debuted in late June.
JPN and JPNH track the JPX-Nikkei 400 Index, a benchmark that gives investors a fundamental approach to stocks in Asia's second-largest economy.
Related Link: 4 New Leveraged ETFs Right For The Times
That index was ...
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