Xtrackers Exchange Traded Funds (ETF) are listed funds from Deutsche Asset Management that track an underlying, often a benchmark index. They combine the advantages of listed stocks and funds in one product. Xtrackers ETFs can be traded in the same way as any other stock exchange traded security and are transparent, low cost and efficient. European-domiciled Xtrackers ETFs are set up as UCITS compliant funds. Deutsche Asset Management has expertise in creating both indirect and direct replication ETFs.
The Xtrackers ETF business was launched in January 2007, is among the five largest ETF providers in the world, and ranks as the second largest provider in Europe by assets under management (Source: Deutsche Bank, Bloomberg Finance LP, Reuters, August 2013).