Deutsche unveils inaugural physical ETF range

Db X-trackers, the exchange traded fund (ETF) arm of Deutsche Bank, has launched its first physical ETFs on the London Stock Exchange.

The direct replication products track the FTSE 100, the Euro Stoxx 50 and the Euro Stoxx 50 Ex Financial indices.

The launch marks the first time the provider has offered a range of physically-replicated products, as part of its new dual strategy in providing both direct and indirect replication ETFs.

Manooj Mistry (pictured), Deutsche Bank’s head of exchange traded products, EMEA, said: ‘We recently announced our intention to offer investors replication choice in certain key equity markets.

‘The listing of these products commences that initiative, with more direct replication products to follow.’

The Ucits funds have total expense ratios of 0.30%, 0.15% and 0.20% respectively.

Swap-provider Lyxor also recently made its first foray into the physical space, converting a range of fixed income swap-based funds.