Deutsche adds three ETFs to Schwab’s commission-free platform

Jul 10th, 2017 | By | Category: ETF and Index News

Deutsche Asset Management has announced it is offering three new ETFs on Schwab ETF OneSource, Charles Schwab & Co.’s program that provides investors and advisors with access to commission-free ETFs. The funds provide exposure to US high yield corporate bonds, as well as emerging market and Japanese equities.

Deutsche adds three ETFs to Schwab’s commission-free platform

Fiona Bassett, head of passive asset management in the Americas for Deutsche Asset Management.

“We are excited to be able to provide three additional Deutsche X-trackers ETFs to Charles Schwab clients via Schwab ETF OneSource,” said Fiona Bassett, head of passive asset management in the Americas for Deutsche AM. “Investors now have greater access to a broader selection of our unique strategies through the Deutsche X-trackers ETFs, including high yield, comprehensive factor and equity.”

The new additions bring the total number of Deutsche ETFs on Schwab ETF OneSource to 11. Each ETF is listed on the NYSE Arca.

The Deutsche X-trackers USD High Yield Corporate Bond (HYLB) tracks the Solactive USD High Yield Corporates Total Market Index which targets sub-investment grade bonds denominated in US dollars with a minimum $400m outstanding. It has a total expense ratio (TER) of 0.25%.

The Deutsche X-trackers FTSE Emerging Comprehensive Factor (DEMG) tracks the FTSE Emerging Comprehensive Factor Index which targets core exposure to emerging market equities based on five factors – quality, value, momentum, low volatility and size. Its TER is 0.50%.

The Deutsche X-trackers Japan JPX-Nikkei 400 Equity (JPN) tracks the JPX-Nikkei 400 Total Return Index, a benchmark consisting of 400 Japanese securities that pass a rigorous screening process. The index uses indicators such as return on equity (ROE), cumulative operating profit, and market capitalization to select high-quality, capitally-efficient Japanese companies. Its TER is 0.40%.

In addition to the above three ETFs, the following funds are also available on Schwab’s commission-free platform.

Deutsche X-trackers FTSE Developed ex US Comprehensive Factor ETF (DEEF)
Deutsche X-trackers Russell 1000 Comprehensive Factor ETF (DEUS)
Deutsche X-trackers MSCI EAFE Hedged Equity ETF (DBEF)
Deutsche X-trackers MSCI Emerging Markets Hedged Equity ETF (DBEM)
Deutsche X-trackers MSCI All World ex US Hedged Equity ETF (DBAW)
Deutsche X-trackers MSCI Eurozone Hedged Equity ETF (DBEZ)
Deutsche X-trackers Municipal Infrastructure Revenue Bond ETF (RVNU)
Deutsche X-trackers MSCI All World ex US High Dividend Yield Hedged Equity ETF (HDAW)

Tags: , , , , , , , , ,

Leave a Comment