Deutsche Asset Management Lowers Expense Ratio for HYLB
30 Outubro 2017 - 11:30AM
Business Wire
Deutsche Asset Management (Deutsche AM) announced the following
voluntary reduction, for a period of at least one year, of the net
expense ratio for the Xtrackers USD High Yield Corporate Bond
exchange traded fund (ETF) (NYSE:HYLB) effective October 27, 2017,
reestablishing the fund’s status as the most cost-efficient
high-yield ETF in the US market:
New Net
Old Net
ETF Ticker
Expense Ratio1
Expense Ratio
Xtrackers USD High Yield Corporate Bond ETF
HYLB 0.20% 0.25%
“At Deutsche Asset Management, we are committed to providing our
clients with highly relevant and cost-efficient solutions,” said
Fiona Bassett, Head of Passive Asset Management for the Americas.
“With today’s announcement, investors will receive the most
cost-efficient access to high-yield beta exposure through
HYLB2.”
Launched in December of last year, HYLB has grown to more than
USD 280 million in assets (as of Oct. 25, 2017). ETF.com named HYLB
“Best New US Fixed-Income ETF” for 20163 for providing access to
benchmark high yield bond exposure while being the most cost
efficient high-yield ETF in the US.
To find out more about the ETFs available in the US, visit:
www.Xtrackers.com.
Deutsche Asset
Management
With EUR 711 billion of assets under management (as of June 30,
2017), Deutsche Asset Management4 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.
Consider each 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 www.Xtrackers.com.
Please read it carefully before investing.
DBX Advisors LLC (DBX) is the investment adviser to the
Xtrackers 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.
HYLB RISKS: Investing involves risk, including the
possible loss of principal. Bond investments are subject to
interest rate, credit, liquidity and market risks to varying
degrees. When interest rates rise, bond prices generally fall.
Credit risk refers to the ability of an issuer to make timely
payments of principal and interest. Foreign investing involves
greater and different risks than investing in U.S. 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. Funds investing in a single industry (or group of
industries), country or in a limited geographic region generally
are more volatile than more diversified funds. Investments in
lower-quality ("junk bonds") and non-rated securities present
greater risk of loss than investments in higher-quality securities.
Performance of the Fund may diverge from that of the Underlying
Index due to operating expenses, transaction costs, cash flows, use
of sampling strategies or operational inefficiencies. An investment
in this 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. See the prospectus for
details.
Nothing contained herein is fiduciary or impartial investment
advice that is individualized or directed to any plan, plan
participant, or IRA owner regarding the advisability of any
investment transaction, including any IRA distribution or
rollover.
No bank guarantee | Not FDIC insured | May lose value
© 2017 Deutsche Asset Management. All rights reserved.
DBX003034 10.30.2018 053163_1.0_
1 The current gross expense ratio for HYLB is 0.25%2 Source:
Morningstar, as of October 30, 20173 Source: ETF.com, March 30,
20174 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.
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version on businesswire.com: http://www.businesswire.com/news/home/20171030005619/en/
Deutsche Bank AGPress & Media RelationsOksana Poltavets,
212-250-0072oksana.poltavets@db.com
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