DWS cuts fees on two gold ETFs

DWS has cut the fees on two of its key gold currency hedged Xtrackers ETCs from 0.43 per cent to 0.33 per cent. 

The funds in question are: Xtrackers IE Physical Gold EUR Hedged ETC Securities (ISIN: DE000A2T5DZ1); and Xtrackers IE Physical Gold GBP Hedged ETC Securities (ISIN: DE000A2UDH48).

Michael Mohr, DWS’s Head of Product Specialists, Passive, says: “Our unhedged gold ETC, Xtrackers IE Physical Gold ETC Securities, is already highly competitively priced at 0.15 per cent, and now we’ve been able to reduce the fees on our currency-hedged gold products too. This will help Xtrackers stand out as a leading provider of efficient gold price tracking products.”