DWS has cut the TER on two more of its ETFs, following other cuts announced in September.
The unhedged share class of Xtrackers II USD Emerging Markets Bond Ucits ETF (2D share class) has been reduced to 0.25% from 0.35%, while the TER for Xtrackers MSCI Europe Ucits ETF (1D share class) has fallen to 0.12% from 0.25%.
In September, the TER on four share classes was reduced for the Xtrackers MSCI EMU Ucits ETF. The currency-hedged share classes were trimmed to a TER of 0.17% from 0.25%, while the unhedged share class went to 0.12% from 0.15%.
Also in September, the TER on the sterling-hedged share class of the Xtrackers S&P 500 Ucits ETF was lowered to 0.09% from 0.20%.
Simon Klein, DWS’s head of Passive Sales for Europe and Asia Pacific, said: “We are happy to pass on the benefits of economies of scale to our investors as our ETF volumes increase, and as always our aim is to make Xtrackers some of the most competitive ETFs on the market.”
The Xtrackers ETFs that have had their fees reduced this year represent a combined €3.9bn in assets.
| Xtrackers ETFs fee reductions implemented this year | |||
|---|---|---|---|
| Xtrackers ETF Share Class Name | Old TER (%) | New TER (%) | Fee Change Date |
| Xtrackers II Global Aggregate Bond Swap UCITS ETF 2C – USD Hedged | 0.3 | 0.2 | 01/01/2018 |
| Xtrackers II Global Aggregate Bond Swap UCITS ETF 1D | 0.3 | 0.15 | 01/01/2018 |
| Xtrackers II Global Aggregate Bond Swap UCITS ETF 3D – GBP Hedged | 0.3 | 0.2 | 01/01/2018 |
| Xtrackers II Global Aggregate Bond Swap UCITS ETF 4C – CHF Hedged | 0.3 | 0.2 | 01/01/2018 |
| Xtrackers II Global Aggregate Bond Swap UCITS ETF 5C – EUR Hedged | 0.3 | 0.2 | 01/01/2018 |
| Xtrackers II US Treasuries UCITS ETF 1D | 0.15 | 0.12 | 01/04/2018 |
| Xtrackers II US Treasuries 1-3 UCITS ETF 1D | 0.15 | 0.12 | 01/04/2018 |
| Xtrackers II US Treasuries Inflation-Linked UCITS ETF 1D | 0.2 | 0.12 | 01/04/2018 |
| Xtrackers II US Treasuries UCITS ETF 2D – EUR Hedged | 0.2 | 0.17 | 01/04/2018 |
| Xtrackers II ESG EUR Corporate Bond UCITS ETF 1D | 0.25 | 0.16 | 01/07/2018 |
| Xtrackers MSCI EMU UCITS ETF 1D | 0.15 | 0.12 | 01/09/2018 |
| Xtrackers S&P 500 UCITS ETF 2C – GBP Hedged | 0.2 | 0.09 | 01/09/2018 |
| Xtrackers MSCI EMU UCITS ETF 1C – USD Hedged | 0.25 | 0.17 | 01/09/2018 |
| Xtrackers MSCI EMU UCITS ETF 2C – GBP Hedged | 0.25 | 0.17 | 01/09/2018 |
| Xtrackers MSCI EMU UCITS ETF 3C – CHF Hedged | 0.25 | 0.17 | 01/09/2018 |
| Xtrackers MSCI Europe UCITS ETF 1D | 0.25 | 0.12 | 01/10/2018 |
| Xtrackers II USD Emerging Markets Bond UCITS ETF 2D | 0.35 | 0.25 | 01/10/2018 |
