Deutsche Bank today launches three currency-hedged ETFs - two focused on Europe and one on Asia ex-Japan.
The db X-trackers MSCI Europe Hedged Equity Fund (DBEU) will protect against fluctuations in the euro plus the currencies of those EU members who still retain their own units. It has an expense ratio of 0.45%
The db X-trackers MSCI U.K. Hedged Equity Fund (DBUK) protects against swings in the pound. It also has an expense ratio of 0.45%.
The db X-trackers MSCI Asia Pacific ex Japan Hedged Equity Fund (DBAP) has an expense ratio of 0.60%.