Deutsche Asset & Wealth Management (Deutsche AWM) has won the award for “Best New ETF of the Year 2014” at the very first European ETF.com Awards Dinner ceremony in London on April 16, 2015. The award category for “Best New ETF of the Year 2014” is one of 15 categories awarded across various sectors.
The db x-trackers Harvest CSI300 Index UCITS ETF (DR) received the award due to its broader constituent coverage in comparison to other China A-share funds. The aim of the db x-trackers Harvest CSI300 Index UCITS ETF (DR) is to reflect the performance of the CSI300 Index which reflects the performance of shares of 300 companies listed on the Shanghai Stock Exchange and the Shenzhen Stock Exchange (A shares).
Deutsche AWM has recently announced that it intends to reduce the annual All-in Fee on the db x-trackers Harvest CSI300 Index UCITS ETF (DR) from May 1, 2015 to 0.65%. The move follows the recent announcement (March 20, 2015) that Deutsche Asset & Wealth Management Investment GmbH is the first asset manager be given a German Renminbi Qualified Foreign Institutional Investor (RQFII) licence, thereby providing additional potential capacity for the purchase of China A-shares.
For more information on the ETF.com awards go to ETF.com.
All information correct as at 20.04.2015
