Deutsche Wealth & Asset Management, already one of the largest issuers of hedged currency exchange traded funds, could further expands that lineup with the introduction of three new funds.
The firm has file plans with the U.S. Securities and Exchange Commission to possibly introduce three new hedged currency ETFs. Those funds are the db X-trackers MSCI All World ex-US Hedged Equity Fund, the db X-trackers MSCI South Korea Hedged Equity Fund and the db X-trackers MSCI Mexico Hedged Equity Fund.
The ETFs would track the MSCI All Country World Index ex USA US Dollar Hedged Index, MSCI Korea US Dollar Hedged Index and MSCI Korea US Dollar Hedged Index, respectively, according to the filing.
Earlier this month, Deutsche Wealth & Asset Management introduced three new currency hedged ETFs, bringing its roster of such funds to eight. [DB Introduces Three New Currency Hedged ETFs]
The new funds are the db X-trackers MSCI Asia Pacific ex Japan Hedged Equity Fund (NYSEArca: DBAP), the db X-Trackers MSCI Europe Hedged Equity Fund (NYSEArca: DBEU) and the db X-trackers MSCI United Kingdom Hedged Equity Fund (NYSEArca: DBUK).