Deutsche Bank Planning International Equity ETFs
Deutsche Bank, the financial giant that has partnered with PowerShares on some of the most popular currency and commodity ETF products, has begun laying the groundwork to launch its own line of equity ETFs. In a recent SEC filing, the firm detailed five proposed ETFs: DBX MSCI Emerging Markets Currency Hedged Equity Fund (XEMG) DBX MSCI EAFE Currency Hedged Equity Fund (XEAF) DBX MSCI Brazil Currency Hedged Equity Fund (XBRZ) DBX MSCI Canada Currency Hedged Equity Fund (XCAN) DBX MSCI Japan Currency Hedged Equity Fund (XJPN) Each of the proposed funds would utilize forward contracts to hedge out the currency risk that usually accompanies any international equity investment. That feature would essentially isolate the component of returns generated from the performance of the underlying stocks, effectively reducing the overall volatility by stripping out exposure to exchange rates. The uptick in exchange rate volatility and speculation over a second round of quantitative easing have brought increased [...] Click here to read the original article on ETFdb.com. Related Stories: ProShares Planning Short, Leveraged Regional Bank ETFs Do You Need A Hedged Equity ETF? PowerShares, Deutsche Bank Team Up On 3x Leveraged Bond ETNs
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