Bringing you live news and features since 2006 

db x-trackers launches currency ETFs in London


db x-trackers, Deutsche Bank’s exchange-traded fund platform, has launched two ETFs linked to the DB Currency Returns Index.

The new funds will be listed on the London Stock Exchange and offer exposure to currency as an asset class in either USD or GBP-hedged share class formats.
The DBCR Index equally weights the three most established currency trading strategies – carry, momentum and valuation. Using a rules-based process, the strategies take long and short positions in the G10 currencies with regular rebalancing of the components.
“We have taken a major step today towards giving UK investors the tools they need to harness the potential of the currency markets,” says Manooj Mistry, head of db x-trackers ETFs UK. “The db x-trackers Currency Returns ETF is ideal for investors who are increasingly recognising the benefits of allocating assets to investment classes that show low or negative performance correlation with equity and bond markets, as well as investors looking for an additional way to achieve alpha in a low growth environment.”
The db x-trackers Currency Returns ETF is expected to appeal to a broad range of investors, from pension funds to retail investors.

Latest News

News came last night from the US that the SEC has approved CBOE’s proposal to list and trade VanEck’s spot..
Irish domiciled funds surpassed EUR4.3 trillion AuM (Assets under Management) at end-March 2024, a 15 per cent increase in net..
European white label ETF platform, HANetf, has announced its total assets under management (AUM) has now exceeded USD4.31 billion...
New research from European ETF provider Tabula Investment Management shows investors are expecting improvements in ESG from the gold mining..

Related Articles

Timothy Rotolo, Range Funds
In 2023, Timothy Rotolo launched his business, Range Fund Holdings, the parent company for Range Indices and Range ETFs, followed...
Dan Miller, IQ-EQ
With just over a week to go till T+1 settlement begins in North America, Canada and Mexico, time is of...
Emily Spurling, Nasdaq
Last October’s ETF Express US Awards 2023 found Nasdaq winning Best Index Provider – ESG ETFs and Best Index Provider...
Vinit Srivistava, MerQube
Index provider, MerQube, launched in 2019, with the aim of providing a “technology-driven answer to the most complex, rules-based investment...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by