The products in question are 31 Xtrackers bond and equity ETFs and one Xtrackers gold ETC. The firm said the reduction is part of the “ongoing optimisation and forward-looking orientation” of the broader Xtrackers range of products.
DWS will lower the annual flat fee for the Xtrackers IE Physical Gold ETC Securities – which allows investors to participate in the performance of gold – from o.12% to 0.11%.
DWS launches three biodiversity Xtrackers ETFs
The ETC currently has around €2.8bn in assets, and DWS said investor interest in gold has increased over the last few weeks due to ge…