DWS has reduced the management fees across 20 Xtrackers ETFs and one silver ETC.
One of the largest ETFs to have its fees reduced is the $3.1bn Xtrackers MSCI USA Swap UCITS ETF (XMUS) which will see its fee halved from 0.3% to 0.15%,
The other products also being reduced include numerous sector and geographical equity ETFs as well as the $30m Xtrackers IE Physical Silver ETC (XSLR) which has seen its fee reduced from 0.38% to 0.2%.
Effective 2 December, The ETFs included in the latest round of fee cuts by DWS have a combined €10bn assets under management.
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Simon Klein, global head of passive sales, at DWS, commented: “We aim to make Xtrackers ETFs and ETCs as competitive as possible, looking at all times to take advantage of economies of scale so we can provide our investors with highly efficient index trackers.”
ETFs
Old Annual All-in Fee (%)
New Annual All-in Fee (%)
Xtrackers MSCI World Consumer Discretionary UCITS ETF
0.30
0.25
Xtrackers MSCI World Industrials UCITS ETF
0.30
0.25
Xtrackers MSCI World Energy UCITS ETF
0.30
0.25
Xtrackers MSCI World Communication Services UCITS ETF
0.30
0.25
Xtrackers MSCI World Utilities UCITS ETF
0.30
0.25
Xtrackers MSCI World Financials UCITS ETF
0.30
0.25
Xtrackers MSCI World Consumer Staples UCITS ETF
0.30
0.25
Xtrackers MSCI World Health Care UCITS ETF
0.30
0.25
Xtrackers MSCI World Information Technology UCITS ETF
0.30
0.25
Xtrackers MSCI World Materials UCITS ETF
0.30
0.25
Xtrackers MSCI Emerging Markets UCITS ETF
0.20
0.18
Xtrackers MSCI AC World UCITS ETF
0.40
0.25
Xtrackers MSCI USA Swap UCITS ETF
0.30
0.15
Xtrackers MSCI World Swap UCITS ETF - EUR Hedged
0.52
0.39
Xtrackers MSCI Japan UCITS ETF
0.30
0.20
Xtrackers MSCI Pacific ex Japan UCITS ETF
0.45
0.25
Xtrackers MSCI Pacific ex Japan UCITS ETF
0.45
0.25
Xtrackers MSCI Europe Value UCITS ETF
0.25
0.15
Xtrackers DB Bloomberg Commodity Optimum Yield Swap UCITS ETF - EUR Hedged
0.95
0.24
Xtrackers DBLCI Commodity Optimum Yield Swap UCITS ETF
0.55
0.29
Xtrackers FTSE All-Share UCITS ETF
0.20
0.18
Xtrackers IE Physical Silver ETC Securities0.380.20
