DeAWM expands Core ETF range with world tracker

According to Deutsche Asset and Wealth Management, its range of core-ETFs has attracted over £475m this year.

DeAWM expands Core ETF range with world tracker

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The db x-trackers MSCI World Index UCITS ETF (DR) has been listed on the London Stock Exchange with an all-in fee of 0.19%, the group said on Monday, and marks the eighth fund in the range that was initially launched in February 2014.

The group said it expects to see significant demand for the new listing, commenting that its core ETF range has proved “very popular” with investors and as of 18 July had attracted over £475m (€600m) of inflows this year.

According to the bank, “All db X-trackers Core-ETFs track their indices using direct, physical replication”.

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