Deutsche Asset Management Trims Fees on 4 ETFs

GRMY seeks to track the Nasdaq Germany Large Mid Cap Index, which is designed to track the performance of the German equity market.

EURZ seeks to track the Nasdaq Eurozone Large Mid Cap Index, which is designed to track the performance of equity securities from issuers based in the countries in the Economic and Monetary Union of the European Union.

JPN seeks to track the JPX-Nikkei 400 Total Return Index, a benchmark consisting of 400 Japanese securities that pass a rigorous screening process. The index uses indicators such as return on equity, cumulative operating profit, and market capitalization to select high-quality, capitally-efficient Japanese companies.

All three of those international ETFs are now among the least expensive in their respective categories.

“We are committed to providing competitive expense ratios for clients looking to invest domestically or to allocate to international equity markets,” said Fiona Bassett, Global Co-Head of Passive Asset Management, in a statement. “Globally, we have been offering ETFs linked to international benchmark indices for more than 10 years. Through our international equity ETF suite, we are able to provide meaningful efficiencies and cost savings to US investors looking to diversify their portfolios through these exposures.”

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