Deutsche Bank’s China A-Shares ETF Trims Fees

|About: Deutsche X-trackers Har... (ASHR)|By:, SA News Editor

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