17.06.2011 - Deutsche Bank launches 5 currency-hedged ETFs
Deutsche Bank announced the addition of five new exchange-traded funds which are linked to MSCI International Indexes. Each of the new funds provide exposure to international equity markets while attempting to avoid fluctuation between the U.S dollar and non-U.S. currencies by investing in currency forwards. “Deutsche Bank is filling a need in the marketplace by offering investors direct access to global markets with a built-in hedge against currency fluctuations,” said Chief Investment and Operating Officer Martin Kremenstien. (Press Release)
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