With yen continuing to fall against the dollar, investors continue to embrace yen hedged ETFs, including the Deutsche X-trackers MSCI Japan Hedged Equity ETF (NYSEArca: DBJP). DBJP has added nearly $660 million of its $1.4 billion in AUM this year.
“Deutsche Asset & Wealth Management’s global exchange-traded platform launched in 2006, and is the world’s fifth largest ETF provider with approximately USD 76.9 billion in assets under management. Within the US, the platform offers 24 ETFs with a focus on currency-hedged strategies. It offers 17 currency-hedged products, making it the broadest currency-hedged suite in the US,” said the firm in the statement.
However, Deutsche AWM offers much more than currency hedged ETFs. For example, the firm’s Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (NYSEArca: ASHR) is the largest U.S.-listed A-shares ETF.
Deutsche AWM also sponsors several fixed income ETFs, including new interest rate-hedged products as well as the Deutsche X-Trackers Municipal Infrastructure Revenue Bond Fund (NYSEArca: RVNU).
RVNU is the only muni ETF to specifically target municipal revenue bonds, focusing solely on bonds that fund, state and local infrastructure projects such as water and sewer systems, public power systems, toll roads, bridges, tunnels, and many other public use projects where the interest and principal repayments are generated from dedicated revenue sources. [The Right Municipal Bond ETF Right Now]