Deutsche Asset & Wealth Management (DeAWM) has launched two new currency-hedged ETFs on its Deutsche X-trackers platform, Deutsche X-trackers Dow Jones Hedged International Real Estate ETF (DBRE) and Deutsche X-trackers S&P Hedged Global Infrastructure ETF (DBIF).
The new ETFs are the first currency-hedged real estate and infrastructure ETFs that allow investors to access global markets.
DBRE aims to provide investors with exposure to the Dow Jones Global ex-US Select Real Estate Securities Total Return Net Index, which seeks to track the performance of publicly traded real estate securities in countries outside the United States, while DBIF seeks to track the performance of equity securities of infrastructure issuers in developed and emerging markets through the S&P Global Infrastructure Index. Both ETFs aim to mitigate exposure to fluctuations between the value of the US dollar and the currencies of the countries included in the underlying indices.
“DBRE and DBIF seek to meet clients’ growing interest in real estate and infrastructure markets, while aiming to mitigate potential currency risk associated with international investing,” says Fiona Bassett, Head of Deutsche AWM’s Passive Business in the Americas. “With the addition of the two new currency-hedged indexing products, Deutsche Asset & Wealth Management is committed to expanding its Deutsche X-trackers platform with the evolving needs of the market.”
