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Deutsche's db X-Trackers Lists Direct Replication ETFs

Sally Ling London 17 December 2012

Deutsche's db X-Trackers Lists Direct Replication ETFs

The Deutsche Bank exchange-traded funds platform, db X-trackers, has listed three direct replication ETFs tracking major equity benchmarks. These UCITS funds track the FTSE 100, the Euro STOXX 50 and the Euro STOXX 50 Ex Financials indices and are being traded on the London Stock Exchange.

“We recently announced our intention to offer investors replication choice in certain key equity markets. The listing of these products commences that initiative,” Manooj Mistry, Deutsche’s head of exchange-traded products EMEA, said in a statement.

Direct replication ETFs invest directly in all or a portion of the securities that constitute the index.

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