Deutsche Asset & Wealth Management’s (Deutsche AWM) first set of X-trackers hedged equity exchange-traded funds have passed their third anniversary.
The ETFs are designed to provide exposure to one or more key international equity markets while seeking protection against fluctuations in the value of the US dollar and foreign currencies.
The following four ETFs just passed the three-year milestone:
Deutsche X-trackers MSCI Japan Hedged Equity ETF (DBJP)
Deutsche X-trackers MSCI Emerging Markets Hedged Equity ETF (DBEM)
Deutsche X-trackers MSCI Brazil Hedged Equity ETF (DBBR)
Deutsche X-trackers MSCI EAFE Hedged Equity ETF (DBEF)
“Three years following their launch, our hedged equity ETFs enjoy a healthy track record and high levels of demand. At Deutsche Asset & Wealth Management, we remain committed to providing investors with relevant and innovative solutions,” says Fiona Bassett, head of Deutsche Asset & Wealth Management’s passive business in the Americas.
The 11 ETFs included in Deutsche AWM’s suite offer investors building blocks to potentially neutralise the currency exposure in numerous areas around the globe, driven by the perspective of the bank and its index provider, MSCI.
“We have seen a steady rise in the importance and allocation size of international equities for US investors. International equities now comprise over 50 per cent of the world’s equity market capitalisation and roughly two-thirds of the worlds’ GDP growth,” says Dodd Kittsley, head of exchange-traded product strategy in the Americas. “Investors need the ability to make international investment decisions without having to factor in currency fluctuation against the US dollar, and our robust set of hedged equity ETFs provides the large and varied global exposure. For this reason, we offer a currency-hedged platform that includes countries and regions where the management of currency risk can potentially strengthen a global equity portfolio.”