DWS has further increased the competitiveness of its Xtrackers range by cutting the annual management charges on its EUR cash and US Treasuries fixed income ETFs…..
The fee cuts, as outlined in the table below, come as assets continue to flow into fixed income products, with government bond Xtrackers ETFs receiving around EUR 1 billion in new investments year-to-date1. The Xtrackers US Treasuries ETF range provides exposure to US government bonds – nominal bonds across the yield curve, including short duration (one to three-year focus) and inflation-linked exposures.
“We are making our US Treasuries and EUR cash offering even more attractive for our clients at a time when, particularly with increased volatility, investors are trading more fixed income exposures using ETFs,” said Blanca Koenig, Fixed Income Strategist at DWS.
The fee cuts come as some other Xtrackers government bond ETFs reach important asset milestones: Xtrackers II Eurozone Government Bond UCITS ETF now exceeds EUR 2 billion in assets, while the Xtrackers II Global Government Bond UCITS ETF, proving popular thanks to its currency-hedged share classes, is now close to EUR 1 billion in assets under management. Both ETFs are the largest UCITS ETFs in the market for their respective exposures.2
|
ETF |
Old Annual All-in Fee |
New Annual All-in Fee |
ISIN |
BBG Code |
|
Xtrackers II EUR Cash Swap UCITS ETF |
0.15% |
0.10% |
LU0290358497 |
XEON |
|
Xtrackers II US Treasuries UCITS ETF |
0.15% |
0.12% |
LU0429459356 |
XUTD |
|
Xtrackers II US Treasuries UCITS ETF EUR hedged |
0.20% |
0.17% |
LU1399300455 |
XUTE |
|
Xtrackers II US Treasuries 1-3 UCITS ETF |
0.15% |
0.12% |
LU0429458895 |
XUT3 (LN) / D5BE (GE) |
|
Xtrackers II US Treasuries Inflation-Linked UCITS ETF |
0.20% |
0.12% |
LU0429459513 |
XUIT (LN) / D5BF (GY) |
1 Source: DWS, 10 April 2018.
2 Source: DWS, 29 March 2018. Fee changes effective as of 01/04/2018.
Source: ETFWorld