Deutsche Asset Management (Deutsche AM) today announced that it will offer its award-winning fixed income exchange-traded fund (ETF) – Deutsche X-trackers USD High Yield Corporate Bond ETF – along with two additional international funds on Schwab ETF OneSource™, Charles Schwab & Co.’s program that provides investors and advisors with access to commission-free ETFs.1 As of July 6, Schwab clients can now buy and sell the following 11 Deutsche X-trackers ETFs commission free:
|ETF Name||Ticker (NYSE Arca)|
|Effective July 6, 2017|
|Deutsche X-trackers USD High Yield Corporate Bond||HYLB|
|Deutsche X-trackers FTSE Emerging Comprehensive Factor||DEMG|
|Deutsche X-trackers Japan JPX-Nikkei 400 Equity||JPN|
|Effective Jan. 4, 2017|
|Deutsche X-trackers FTSE Developed ex US Comprehensive Factor ETF||DEEF|
|Deutsche X-trackers Russell 1000 Comprehensive Factor ETF||DEUS|
|Effective Jan. 4, 2016|
|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
Launched in December 2016, HYLB took home the “Best New US Fixed-Income ETF” accolade for the whole year in the ETF.com awards2, for providing access to benchmark high yield bond exposure while being the most cost efficient high-yield ETF in the US.
“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. “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.”
Deutsche Asset Management
With EUR 723 billion of assets under management (as of March 31, 2017), Deutsche Asset Management3 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.
About Schwab ETF OneSource™
Schwab ETF OneSource offers investors and advisors access to the greatest number of commission-free ETFs anywhere in the industry. Commission-free online trading is available to individual investors at Schwab, to approximately 7,000 independent investment advisors who use Schwab’s custodial services and through Schwab retirement accounts that permit trading of ETFs.
Schwab offers a range of resources to help clients choose ETFs that fit their investment needs, including the Schwab ETF Select List™, tutorials, education, research and tools available via Schwab’s online ETF center and live events at local Schwab branches.
Charles Schwab & Co., Inc. receives remuneration from third-party ETF companies participating in Schwab ETF OneSource™ for record keeping, shareholder services and other administrative services, including program development and maintenance.
Deutsche Asset Management is not affiliated with, sponsored by, or endorsed by Schwab. Any information provided by Deutsche Asset Management should not be considered either a recommendation by Schwab or a solicitation of any offer to purchase or sell any securities, and Schwab makes no representations regarding Deutsche Asset Management content.
Consider the fund's investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in the fund’s prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at deutsche-etfs.com. Please read it carefully before investing.
RISKS: Investing involves risk, including possible loss of principal. Stocks may decline in value. Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Foreign investing involves greater and different risks than investing in US companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. Emerging markets tend to be more volatile than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Uncertainties in the Chinese tax rules governing taxation of income and gains from investments in A-shares could result in unexpected tax liabilities for the Fund which may reduce Fund returns. Any reduction or elimination of access to A-shares will have a material adverse effect on the ability of the fund to achieve its investment objective. Special risks associated with investments in Chinese companies include exposure to currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards the nature and extent of intervention by the Chinese government in the Chinese securities markets, and the potential unavailability of A shares. Performance of a Fund may diverge from that of an Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. There are additional risks associated with investing in high-yield bonds, aggressive growth stocks, non-diversified/concentrated funds and small- and mid-cap stocks which are more fully explained in the prospectuses, as applicable. An investment in any Fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the prospectus for more information.
DBX Advisors LLC (DBX) is the investment adviser to the Deutsche X-trackers ETFs, which are distributed by ALPS Distributors, Inc. (ALPS). DBX is an indirect, wholly-owned subsidiary of Deutsche Bank AG, neither of which is affiliated with ALPS.
ALPS Distributors, Inc. is not affiliated with Charles Schwab.
One cannot invest directly in an index.
While shares of the ETFs are not individually redeemable, shares may be sold throughout the day on the Exchange through any brokerage account. Only authorized participants may purchase and redeem shares directly from the ETFs in very large Creation Units. There is no assurance that an active trading market for shares of the ETFs will develop or be maintained.
No bank guarantee | Not FDIC insured | May lose value
© 2017 Deutsche Asset Management. All rights reserved. 051262_1.0_ DBX002759 07.10.2018
1 Conditions Apply: Trades in ETFs available through Schwab ETF OneSource™ (including Schwab ETFs™) are available without commissions when placed online in a Schwab account. Service charges apply for trade orders placed through a broker ($25) or by automated phone ($5). An exchange processing fee applies to sell transactions. Certain types of Schwab ETF OneSource transactions are not eligible for the commission waiver, such as short sells and buys to cover (not including Schwab ETFs). Schwab reserves the right to change the ETFs it makes available without commissions. All ETFs are subject to management fees and expenses. Please see Charles Schwab Pricing Guide for additional information.
2 Source: ETF.com
3 Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.
Oksana Poltavets, +1 212-250-0072
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