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Klein Simon DWS

DWS : Investors to benefit from fee reductions on 20 Xtrackers ETFs

DWS : Investors are set to benefit from management fee reductions on 20 Xtrackers exchange-traded funds (ETFs) following DWS’s latest round of fee cuts.

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Simon Klein, DWS’s Global Head of Passive Sales


o      DWS implementing sustainable management fee cuts on 20 Xtrackers ETFs, as well as an Xtrackers silver ETC

o      Investors to benefit from more competitive products as assets under management increase

o      Fees cut on ETFs representing over EUR 10 billion in assets

The annual all-in fee for the Xtrackers MSCI USA Swap UCITS ETF, which has over EUR 2.5 billion in assets under management1, will be halved, moving from 0.30% to 0.15%, while fee cuts are also being implemented on a range of global sector Xtrackers ETFs, on the EUR-hedged share class of the Xtrackers MSCI World Swap UCITS ETF, on two broad commodity basket Xtrackers ETFs, on emerging markets and Asia-Pacific exposures, on the Xtrackers MSCI Europe Value UCITS ETF, and also on an Xtrackers physical silver exchange-traded commodity (ETC).

 “We aim to make Xtrackers ETFs and ETCs as competitive as possible, looking at all times to take advantage of economies of scale so we can provide our investors with highly efficient index trackers,” said Simon Klein, DWS’s Global Head of Passive Sales. “These are not short term fee cuts. They will be sustained.”

The fee cuts are effective from this Wednesday, 2nd December, 2020.

DWS has a track record of lowering fees as the exchange-traded product industry has increased in scale. The last major round of Xtrackers fee cuts took place in October 2018, when annual all-in fees were reduced on a number of fixed income and European equity Xtrackers.

The Xtrackers that have seen their prices fall in this latest round of management fee cuts represent combined assets under management of more than EUR 10 billion.

Product Table

Xtrackers UCITS ETF share class Old Annual All-in Fee (%) New Annual All-in Fee (%)
Xtrackers MSCI World Consumer Discretionary UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Industrials UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Energy UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Communication Services UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Utilities UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Financials UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Consumer Staples UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Health Care UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Information Technology UCITS ETF 1C 0.30 0.25
Xtrackers MSCI World Materials UCITS ETF 1C 0.30 0.25
Xtrackers MSCI Emerging Markets UCITS ETF 1C 0.20 0.18
Xtrackers MSCI AC World UCITS ETF 1C 0.40 0.25
Xtrackers MSCI USA Swap UCITS ETF 1C 0.30 0.15
Xtrackers MSCI World Swap UCITS ETF 4C – EUR Hedged 0.52 0.39
Xtrackers MSCI Japan UCITS ETF 1C 0.30 0.20
Xtrackers MSCI Pacific ex Japan UCITS ETF 2C 0.45 0.25
Xtrackers MSCI Pacific ex Japan UCITS ETF 1C 0.45 0.25
Xtrackers MSCI Europe Value UCITS ETF 1C 0.25 0.15
Xtrackers DB Bloomberg Commodity Optimum Yield Swap UCITS ETF 2C – EUR Hedged 0.95 0.24
Xtrackers DBLCI Commodity Optimum Yield Swap UCITS ETF 2C 0.55 0.29
Xtrackers FTSE All-Share UCITS ETF  0.20 0.18
Irish domiciled ETC
Xtrackers IE Physical Silver ETC Securities 0.38 0.20

Source: ETFWorld.co.uk

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