Deutsche Bank has altered tickers and planned fees for its five passive international currency-hedged ETFs, Index Universe reports. The ETFs include the DBX MSCI EAFE Currency-Hedged Equity Fund, the DBX MSCI Brazil Currency-Hedged Equity Fund and the DBX MSCI Canada Currency-Hedged Equity Fund. The ETFs follow a derivative-based strategy, which will isolate returns of the underlying equities and eliminate the impact of currency fluctuations on those returns. DBX Advisors has been appointed as advisor to the funds.
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