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Four db x-trackers strategy ETFs launched on Xetra

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Four additional db x-trackers index funds from Deutsche Bank’s exchange-traded fund offering have been admitted to trading on Xetra.

Four additional db x-trackers index funds from Deutsche Bank’s exchange-traded fund offering have been admitted to trading on Xetra.

The funds track the reverse performance of the supersectors basic resources, industrial goods, utilities and insurance from the Dow Jones Stoxx index family.

For the first time, investors will be able to participate in falling performance of companies from the commodities, industrial goods, supply goods and insurance sectors based in Western Europe.

The db x-trackers DJ Stoxx 600 Basic Resources Short Daily ETF is based on the Dow Jones Stoxx 600 Basic Resources Short Index.

The db x-trackers DJ Stoxx 600 Industrial Goods Short Daily ETF uses the Dow Jones Stoxx 600 Industrial Goods Short Index as its benchmark.

The db x-trackers DJ Stoxx 600 Utilities Short Daily ETF is based on the Dow Jones Stoxx 600 Utilities Short Index.

Finally, the db x-trackers DJ Stoxx 600 Insurance Short Daily ETF uses the Dow Jones Stoxx 600 Insurance Short Index as its benchmark.

Each fund has a management fee of 0.5 per cent.

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