New db X-Trackers Equity Index ETF Launched On Xetra - ETF Is Based On The Performance Of Asian Stock Corporations With Currency Hedging

A new db x-trackers from the ETF section of Deutsche Asset & Wealth Management has been tradable in the XTF segment on Xetra since Wednesday.

ETF name: db x-trackers MSCI AC Far East ex Japan Index UCITS ETF (DR)

Asset class: equity index ETF

ISIN: IE00BGDWNL65

Total expense ratio: 0.7 percent

Distribution policy: non-distributing

Benchmark: MSCI AC Far East ex Japan Monthly EUR hedged TRN Index

The db x-trackers MSCI AC Far East ex Japan Index UCITS ETF (DR) enables investors to participate for the first time in the performance of stock corporations from certain countries in the Far East (excluding Japan) with simultaneous hedging against exchange rate fluctuations between the euro and US dollar. The reference index represents a total of 85% of the market capitalisation in the following countries: China, Hong Kong, Indonesia, Korea, Malaysia, the Philippines, Singapore, Taiwan and Thailand.

Deutsche Börse’s XTF segment product range currently comprises a total of 1,014 exchange traded funds. This selection, together with an average monthly trading volume of around €10 billion, makes Xetra Europe’s leading trading venue for ETFs.