Deutsche Asset & Wealth Management (DeAWM) is set to become one of Europe’slargest providersof physical ETFs following a significant expansion of its direct replication platform….
Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free copy
Reinhard Bellet, DeAWM’s Head of Passive Asset Management
A total of 18 db X-trackers equity ETFswill switch replication method from indirect to direct replication. This is expected to take total assets under management in direct replication db X-trackers ETFs to approximately €9.5billion, making DeAWMthe second largest provider of physical ETFs in Europe*. The move follows last year’s successful expansion of the db X-trackers UCITS ETF direct replication platform to provide directtracking on a handful of major equity benchmarks.
Reinhard Bellet, DeAWM’s Head of PassiveAsset Management, commented:
“Our direct replication platformis now well established and isdeliveringthe same high standards of transparency and operational efficiency investors traditionally associate withdb X-trackers ETFs. This, together with the fact that in some areas investors have showna clear preference for direct replicationofferings, gives us the confidence to fully realise our physicalreplication capability.”
Those ETFsswitching replication technique will continue to trade normally and will not be impacted by any immediate administrative or legal costs associated with the change.
A list ofdb X-trackers ETFs due to switch to a directreplication methodology is provided below.
| List of ETFs switching to direct replication | |
| db X-trackers ETF | Asset Class |
| db x-trackers DAX® UCITS ETF | Equity, Germany |
| db x-trackers MSCI Europe Index UCITS ETF | Equity, Europe |
| db x-trackers MSCI Pan-Euro Index UCITS ETF | Equity, Europe |
| db x-trackers Stoxx® Europe 600 UCITS ETF | Equity, Europe |
| db x-trackers MSCI Europe Mid Cap Index UCITS ETF | Equity, Europe Mid-cap |
| db x-trackers MSCI Europe Small Cap Index UCITS ETF | Equity, Europe Small-cap |
| db x-trackers Euro Stoxx 50® UCITS ETF | Equity,Eurozone |
| db x-trackers Euro Stoxx® Select Dividend 30 UCITS ETF | Equity,Eurozone |
| db x-trackers CAC 40® UCITS ETF | Equity, France |
| db x-trackers FTSE 100 UCITS ETF | Equity, UK |
| db x-trackers FTSE 250 UCITS ETF | Equity, UK |
| db x-trackers FTSE All-Share UCITS ETF | Equity, UK |
| db x-trackers FTSE MIB UCITS ETF | Equity, Italy |
| db x-trackers MSCI Mexico Index UCITS ETF | Equity, Mexico |
| db x-trackers ATX UCITS ETF | Equity, Austria |
| db x-trackers SMI® UCITS ETF | Equity, Switzerland |
| db x-trackers IBEX 35® UCITS ETF | Equity, Spain |
| db x-trackers FTSE EPRA/NAREIT Developed Europe | Europe Real Estate |
| Real Estate UCITS ETF Equity | |
Source: ETFWorld.co.uk
Subscribe to Our Newsletter
