db X-trackers lists its first major benchmark direct replication ETFs
db X-trackers, Deutsche Bank’s exchange-traded funds platform, has listed its first direct replication ETFs tracking major equity benchmarks.
Direct replication ETFs tracking the FTSE 100 Index, the Euro Stoxx 50 Index and the Euro Stoxx 50 Ex Financials Index are now trading on the London Stock Exchange.
db X-trackers’ indirect replication ETFs tracking the FTSE 100 Index and the Euro Stoxx 50 Index remain unchanged, providing investors with the choice of replication technique in these markets.
“We recently announced our intention to offer investors replication choice in certain key equity markets. The listing of these products commences that initiative, with more direct replication products to follow,” says Manooj Mistry, Deutsche Bank’s head of exchange-traded products, EMEA.
“Passive investments are set to gather a growing share of investor assets in coming years. We are determined to meet the needs of all investors in this area. That means not only offering Europe’s widest choice of underlying exposures in ETF format, but also the choice of replication method used, for certain markets.”
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