Deutsche Asset Management (Deutsche AM) is to reduce the net expense ratios for four of its Deutsche X-trackers exchange traded funds (ETFs).
The Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (ASHR) will drop from 0.80 per cent to 0.65 per cent; Deutsche X-trackers CSI 300 China A-Shares Hedged Equity ETF (ASHX) from 0.85 per cent to 0.70 per cent; the Deutsche X-trackers Harvest CSI 500 China-A Shares Small Cap ETF (ASHS) from 0.80 per cent to 0.65 per cent; and the Deutsche X-trackers MSCI All China Equity ETF (CN) from 0.71 per cent to 0.63 per cent
“Delivering distinctive, relevant and cost-effective solutions to our clients has always been a top priority for our business,” says Fiona Bassett, Head of Passive Strategy for the Americas. “Our Deutsche X-trackers China ETF suite of funds seeks to provide investors with the most comprehensive ETF exposure to the Chinese securities market. As a first to offer an ETF that provides broad access to the Chinese equity market, Deutsche X-trackers remains committed to offering our clients innovative products for their international investing needs.”
