Deutsche Asset Management’s US ETFs Renamed to Xtrackers in Line with Global Product Line

NEW YORK--()--Deutsche Asset Management (Deutsche AM) today announced the renaming of its US exchange-traded funds (ETFs) to Xtrackers to harmonize the fund names with the change previously announced for European and Asian ETFs and exchange-traded commodities (ETCs).

Deutsche X-trackers will be replaced with “Xtrackers” to further align with Deutsche AM’s other index trackers. The US suite of ETFs, with more than $12.5 billion in AUM (as of August 31, 2017) in 35 ETFs, provides unique investment opportunities to clients through products offering access to brand new marketplaces, funds that seek better risk-adjusted returns, and products that provide the potential ability to benefit from further efficiencies in the market.

As an asset manager with deep roots in Europe, it was important for our global businesses to align to better capitalize on our truly global reach,” said Fiona Bassett, Head of Passive Asset Management for the Americas. “In the US, investors turn to Xtrackers for trailblazing products such as our China A-shares suite and the most cost efficient high-yield ETF in the US market1 – HYLB. The new branding will further support a more unified and distinctive product suite worldwide.”

The new fund names will take effect on October 2, 2017. The change will alter Deutsche AM ETFs names and marketing materials, but will not impact the name of the trust entity nor its investment adviser.

For more information about the ETFs available in the US, visit: Xtrackers.com.

Deutsche Asset Management

With EUR 711 billion of assets under management (as of June 30, 2017), Deutsche Asset Management2 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.

Deutsche X-trackers ETFs (to be renamed “Xtrackers ETFs” effective October 2nd, 2017) are managed by DBX Advisors LLC (the “Advisor”) and distributed by ALPS Distributors, Inc. (“ALPS”). The Advisor is a subsidiary of Deutsche Bank AG and is not affiliated with ALPS.

Shares are not individually redeemable, and owners of Shares my acquire those Shares from the fund, or tender such Shares for redemption to the fund, in Creation Units only.

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.

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 and less liquid 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. 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. 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, or underlying funds, 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. 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.

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.

No bank guarantee | Not FDIC insured | May lose value

Deutsche AM Distributors represents the asset management activities of DB and its subsidiaries including DBX Advisors LLC.

© 2017 Deutsche Asset Management. All rights reserved.

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1 Source: Source: ETF.com

2 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.

Contacts

Deutsche Bank AG
Press & Media Relations
Oksana Poltavets, +1 (212) 250-0072
oksana.poltavets@db.com

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