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Deutsche Bank planning long/short ETFs

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Deutsche Bank is planning to issue long/short and 130/30 long/short exchange-traded funds, according to regulatory paperwork filed with the US Securities and Exchange Commission (SEC).

 
The company’s US-based ETF unit has submitted a filing requesting permission to bring to market new funds that employ either a straight 100 per cent long, 100 per cent short, or 130/30 strategy.
 
According to the filing, the funds will be available to both retail and institutional investors and will track proprietary “underlying indexes comprised of domestic and/or foreign equity securities (equity funds) and/or domestic and/or foreign fixed income securities (fixed income funds).”

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