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Home>Deutsche Asset Management’s US ETFs Renamed to Xtrackers in Line with Global Product Line

Deutsche Asset Management’s US ETFs Renamed to Xtrackers in Line with Global Product Line

Deutsche Asset Management’s US ETFs Renamed to Xtrackers in Line with Global Product Line

09/30/2017

Deutsche Asset Management’s US ETFs Renamed to Xtrackers in Line with Global Product Line

Deutsche Asset Management (Deutsche AM) today announced the renaming of its US exchange-traded funds (ETFs) to Xtrackers to harmonize the fund names with the change previously announced for European and Asian ETFs and exchange-traded commodities (ETCs).

Deutsche X-trackers will be replaced with “Xtrackers” to further align with Deutsche AM’s other index trackers. The US suite of ETFs, with more than $12.5 billion in AUM (as of August 31, 2017) in 35 ETFs, provides unique investment opportunities to clients through products offering access to brand new marketplaces, funds that seek better risk-adjusted returns, and products that provide the potential ability to benefit from further efficiencies in the market.

“As an asset manager with deep roots in Europe, it was important for our global businesses to align to better capitalize on our truly global reach,” said Fiona Bassett, Head of Passive Asset Management for the Americas. “In the US, investors turn to Xtrackers for trailblazing products such as our China A-shares suite and the most cost efficient high-yield ETF in the US market1 – HYLB. The new branding will further support a more unified and distinctive product suite worldwide.”

The new fund names will take effect on October 2, 2017. The change will alter Deutsche AM ETFs names and marketing materials, but will not impact the name of the trust entity nor its investment adviser.

For more information about the ETFs available in the US, visit: Xtrackers.com.

Deutsche Asset Management

With EUR 711 billion of assets under management (as of June 30, 2017), Deutsche Asset Management2 is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.

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