Bringing you live news and features since 2006 

Deutsche Asset Management lowers expense ratio and changes underlying index for High Dividend Yield Equity ETF suite

RELATED TOPICS​

Deutsche Asset Management, effective 13 February, 2018, has reduced the net expense ratios for two high dividend yield equity Xtrackers exchange-traded funds (ETFs) – the Xtrackers MSCI All World ex-US High Dividend Yield Equity ETF (HDAW) and the Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF) – from 0.20 per cent to 0.45 per cent.

In addition to the fee reduction, HDAW and HDEF will begin to track the unhedged version of their respective indices. HDAW seeks to track the performance, before fees and expenses, of the MSCI ACWI ex USA High Dividend Yield Index. HDEF seeks to track the performance, before fees and expenses, of the MSCI EAFE High Dividend Yield Index.
 
“Driven by historically low bond yields, some investors are looking for alternatives to income-oriented investments. With interest rates globally currently at low levels, equities paying higher dividend rates could be an attractive option to meet ongoing income requirements within portfolios,” says Fiona Bassett, Global Co-Head of Passive Asset Management. “Relatively high equity market dividends, especially in today’s low rate environment, suggest our suite of dividend-focused ETFs can act as cost-effective supplements or alternatives to income strategies.”

Latest News

BlackRock's iShares, an undisputed leader among European ETF issuers, pushed further ahead in Q1 with EUR173 billion in trades, triple..
European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..

Related Articles

etf active trading
Latest Morningstar data shows actively managed ETFs’ share of the US ETF market rose to 8.5 per cent at the...
Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by