Seeking Alpha

Deutsche Bank’s China A-Shares ETF Trims Fees

  • The db X-trackers Harvest China ETF (ASHR) has cut fees 25%, lowering the expense ratio from 1.08% to 0.82%.
  • In a statement earlier this week, Martin Kremenstein, head of Passive Asset Management for Deutsche Asset & Wealth Management Americas, stated that "the early success of the ASHR ETF allows us to pass along the cost savings to investors through this arrangement".
  • Even with this rate decrease, the other A-Shares ETFs on the market, Market Vectors China ETF (PEK) and PowerShares China A-Share Portfolio ETF (CHNA), still feature lower expense ratios, but neither offer the same direct exposure ASHR does.
  • Other China ETFs: FXI, PGJ, GXC, FXP, YINN, YANG, MCHI, XPP, YAO, CHXF, YXI, FCA, TCHI
Comments (1)
  • Mike Holt
    , contributor
    Comments (1466) | Send Message
     
    I wonder what would happen if fees charged on sales of the Brooklyn Bridge were to be reduced.
    22 Jan, 12:39 AM Reply Like
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