DWS cuts fees on more than 20 Xtrackers ETFs

Sector, regional and commodity products to benefit

DWS has reduced its management fee on a range of more than 20 Xtrackers ETFs in a bid to "take advantage of economies of scale", effective 2 December.

Products representing more than €10bn have seen their fees cut in this latest round of cost reduction, with a range of funds spanning global sector, commodity and regional ETFs set to benefit. The annual all-in fee for the €2.5bn Xtrackers MSCI USA Swap UCITS ETF has been halved from 0.30% to 0.15% and the range of Xtrackers MSCI World sector-focused funds sees an all-in reduction of 5bps to 0.25%. DWS ETF head Mistry to exit after 14 years with firm The biggest fee cut applies to the Xtrackers DB Bloomberg Commodity Optimum Yield Swap UCITS ETF 2C - EUR Hedged, which will see a re...