Deutsche Asset & Wealth Management Launches Three New Hedged Equity Exchange
NEW YORK -- October 1, 2013
Deutsche Asset & Wealth Management today announced the launch of three new
hedged equity exchange traded funds (ETFs) on the db X-trackers platform. The
new funds track MSCI hedged equity indexes and provide direct exposure to
several important international equity markets, while aiming to protect
against fluctuations in value of the U.S. dollar and non-U.S. currencies. db
X-trackers offers the most comprehensive suite of hedged equity ETFs in the
The three new ETFs are listed for trading on the NYSE Arca, under the
db X-trackers MSCI Asia Pacific ex Japan Hedged Equity (NYSEArca:DBAP)
db X-trackers MSCI Europe Hedged Equity Fund (NYSEArca:DBEU)
db X-trackers MSCI United Kingdom Hedged Equity Fund (NYSEArca:DBUK)
“Hedged equity ETFs have been one of the fastest growing segments of ETFs by
assets, and these three new innovative ETFs address this growing demand by
providing investors with more complete exposure to investment opportunities in
Asia and Europe. Investors now have the ability to manage their currency risk,
while capturing the potential growth in these unique slices of the
international market,” said Martin Kremenstein, Deutsche Asset & Wealth
Management Americas− Head of Passive Asset Management.
DBAP, which offers exposure to equities in 12 Asian countries, excluding
Japan, joins db X-trackers MSCI Japan Hedged Equity Fund (DBJP) to offer
complete investment opportunities across developed and emerging Asian markets,
where currencies have increasingly fluctuated relative to the U.S. dollar.
The other new ETFs DBEU, which offers broad exposure to the European Union,
and DBUK, which provides exposure to equity securities of the United Kingdom,
will join existing products db X-trackers MSCI EAFE Hedged Equity Fund (DBEF)
and db X-trackers MSCI Germany Hedged Equity Fund (DBGR) to deliver four
distinct ways to invest in the European markets while mitigating exposure to
fluctuations between the value of the U.S. dollar and non-U.S. currencies.
DBEU, DBUK and DBAP seek investment results that correspond generally to the
performance of the MSCI Europe USD Hedged Index, the MSCI United Kingdom USD
Hedged Index and the MSCI AC Asia Pacific ex Japan Index, respectively.
The MSCI hedged equity indexes have empirically generated greater returns
year-to-date than their unhedged index counterparts.*
With the addition of these three new ETFs, the db X-trackers platform offers
eight hedged equity ETFs, including the following:
db X-trackers MSCI Brazil Hedged Equity Fund (NYSEArca:DBBR)
db X-trackers MSCI Germany Hedged Equity Fund (NYSEArca:DBGR)
db X-trackers MSCI EAFE Hedged Equity Fund (NYSEArca:DBEF)
db X-trackers MSCI Emerging Markets Hedged Equity Fund (NYSEArca:DBEM)
db X-trackers MSCI Japan Hedged Equity Fund (NYSEArca:DBJP)
Deutsche Asset & Wealth Management’s U.S. exchange traded products (ETP)
platform includes 58 ETPs, with approximately $12 billion in assets under
management. Deutsche Asset & Wealth Management’s ETP platform was launched in
2006 and has risen to become the fifth largest in the world, with
approximately $60 billion in assets under management as of September 09,
For more information about the ETPs available in the U.S., visit:
http://www.dbxus.com. For further information about this press release, please
*Source: MSCI, as of 8/30/13.
**Source: Deutsche Bank, Bloomberg Finance LP, Reuters.
Deutsche Asset & Wealth Management
With approximately $1.2 trillion of assets under management (as at June 30,
2013), Deutsche Asset & Wealth Management 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.
Deutsche Asset & Wealth Management is the brand name for the Asset Management
& Wealth Management-division of Deutsche Bank AG and its subsidiaries. The
responsible legal entities offering clients products or services of Deutsche
Asset & Wealth Management are listed in the respective contracts, sales
materials and other product information documents.
Carefully consider the fund’s investment objectives, risk factors, and charges
and expenses before investing. This and other information can be found in the
fund‘s prospectuses, which may be obtained by calling 1-855-329-3837 or by
visiting www.dbxus.com. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal. Funds that
invest in specific countries or geographic regions may be more volatile than
investing in broadly diversified funds. Securities focusing on a single
country may be more volatile. In addition to the normal risks associated with
investing, international investments may involve risk of capital loss from
unfavorable currency fluctuations, from differences in generally accepted
accounting principles or from economic or political instability in other
nations. Emerging markets involve heightened risks related to the same factors
as well as increased volatility and lower trading volume. There are additional
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Investing in derivatives entails special risks relating to liquidity, leverage
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© 2013 Deutsche Asset & Wealth Management Inc. All rights reserved. DBX494
Pholida Barclay, +1 212-250-6853
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