ETF spotlight on db-X MSCI EAFE Currency-Hedged Equity Fund (NYSEArca: DBEF), part of an ongoing series.
Assets: $4.5 million.
Objective: The db-X MSCI EAFE Currency-Hedged Equity Fund tries to reflect the performance of the MSCI EAFE U.S. Dollar Hedged Index, which provides exposure to equity securities in developed international stock markets while limiting the impact of price fluctuations between the the U.S. dollar and other foreign currencies. [ETFs That Hedge Their Foreign-Currency Exposure]
Holdings: The fund holds 95% in foreign stocks and 5% in futures contracts.