Deutsche Asset & Wealth Management is to switch a further 12 of its db X-trackers exchange-traded funds from indirect, synthetic, to direct, physical replication….…
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Arne Noack, DeAWM’s Head of Exchange Traded Product Development, EMEA
The latest switch in ETF replication methodology mainly covers exposures to the equity markets of countries in the Asia-Pacific region, and represents approximately €2.5 billion in assets (as of May 30, 2014). It follows the successful conversion earlier this year of 18 db X-trackers ETFs from synthetic to physical replication, a move that made DeAWM one of Europe’s largest providers of physical ETFs (Source: Deutsche Bank, 31 March 2014). DeAWM retains its position as one of Europe’s largest providers of indirect replication ETFs (Source: Deutsche Bank, 31 March 2014).
DeAWM last year launched the world’s first physical replication ETF outside of China to provide exposure to domestic Chinese A-Shares. The db X-trackers Harvest CSI 300 China A-Shares Fund (ASHR) listed on the NYSE in November and provides exposure to the CSI300 Index. This was followed by the launch of Europe’s first physical replication ETF providing exposure to the CSI300 Index in January, with the listing in London, Milan and Frankfurt of the db x-trackers Harvest CSI300 Index UCITS ETF (DR).
With the latest switches in place, DeAWM will have six direct replication ETFs providing exposure to Chinese equities, covering A-Shares and H-Shares indices.
Arne Noack, DeAWM’s Head of Exchange Traded Product Development, EMEA, commented: “With the conversion of these funds DeAWM further expands its physical replication ETF offering, while at the same time becoming a significant provider of physical replication ETFs on the Hong Kong and Singapore stock exchanges.”
See below for a list of those ETFs currently due to switch replication methodology.
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db X-trackers ETFs currently due to switch replication methodology db X-trackers ETF |
Asset Class |
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db x-trackers MSCI Japan Index UCITS ETF |
Equity, Japan |
|
db x-trackers MSCI Singapore Index UCITS ETF |
Equity, Singapore |
|
db x-trackers MSCI China Index UCITS ETF |
Equity, China |
|
db x-trackers FTSE China 25 UCITS ETF |
Equity, China |
|
db x-trackers MSCI Philippines Index UCITS ETF |
Equity, Philippines |
|
db x-trackers MSCI Malaysia Index UCITS ETF |
Equity, Malaysia |
|
db x-trackers MSCI Korea Index UCITS ETF |
Equity, Korea |
|
db x-trackers MSCI Taiwan Index UCITS ETF |
Equity, Taiwan |
|
db x-trackers MSCI Thailand Index UCITS ETF |
Equity, Thailand |
|
db x-trackers MSCI Pacific ex Japan Index UCITS ETF |
Equity, Pacific ex Japan. |
|
db x-trackers S&P/ASX 200 UCITS ETF |
Equity, Australia |
|
db x-trackers MSCI Brazil Index UCITS ETF |
Equity, Brazil |
Source: ETFWorld.co.uk