Deutsche Asset & Wealth Management (DeAWM) has expanded its Core-ETFs range with the launch of a direct, physical replication exchange-traded fund providing exposure to the MSCI World Index.
The db x-trackers MSCI World Index UCITS ETF (DR) has been listed on the London Stock Exchange and charges an annual all-in fee of 0.19 per cent.
Simon Klein, DeAWM’s head of exchange-traded product sales, EMEA and Asia, says: “Our Core range of low-cost ETFs are proving to be very popular with investors. The addition of an ETF providing global developed market equity exposure fills an important gap, and with an all-in fee of 0.19 per cent per year, we expect to see significant demand for the new listing.”
The db X-trackers Core-ETFs range was launched in February 2014. With annual all-in fees starting at 0.07 per cent per annum, the range aims to serve the needs of all types of investors looking for low total cost of ownership. All db X-trackers Core-ETFs track their indices using direct, physical replication. The Core-ETFs range has attracted over EUR600 million of inflows in 2014.
