The fixed income “Core” range offers investors exposure to eurozone and US government bonds, the euro and US dollar corporate bond markets, and to the euro-denominated high-yield corporate bond market.
As part of the new range there are also euro-hedged share classes for those ETFs providing exposure to US corporate bond and US government bond markets.
Deutsche AM said the euro Corporate Bond UCITS ETF and the Barclays US Corporate Bond UCITS ETF have had their annual all-in fees reduced to 0.16% per annum from 0.2% a year.
“We already have low-cost db X-trackers Core ETFs covering major equity benchmarks, and investors will now welcome a similar focus on efficiency on the fixed income side,” said Simon Klein, Deutsche AM’s head of ETF sales for EMEA and APAC.
The db X-trackers equity Core ETFs range was established in 2014, providing major equity benchmark exposure starting at 0.07% all-in fees per annum. All db X-trackers Core ETFs use direct physical replication.
“The inclusion of a range of physical replication fixed income ETFs into the db X-trackers Core range helps give investors the exposures they need to create efficient, long-term core holdings in their portfolios,” added Klein.