Deutsche Asset & Wealth Management Implements An Expense Limitation Agreement On ASHR Fund

Deutsche BankDeutsche Asset & Wealth Management announced that, effective today, the Fund’s investment adviser has implemented an expense limitation agreement that will reduce the estimated net expense ratio of the db X-trackers Harvest CSI 300 China A-Shares Fund (NYSE Arca: ASHR) (the “Fund” or “ASHR”) from 1.08% to 0.82%.*

“The early success of the ASHR ETF allows us to pass along the cost savings to investors through this arrangement”

Since the Fund launched on November 6, 2013 with an initial capital investment of $108 million, assets under management have almost doubled to $212 million and ASHR’s average daily volume has reached approximately 350,000 shares per day. “The early success of the ASHR ETF allows us to pass along the cost savings to investors through this arrangement,” said Martin Kremenstein, head of Passive Asset Management for Deutsche Asset & Wealth Management Americas.

Deutsche Asset & Wealth Management’s U.S. exchange-traded products (ETP) platform currently has approximately $12 billion in assets under management as of September 30, 2013. The firm’s global ETP platform, launched in 2006, has grown to become the world’s fifth largest, with approximately $66 billion in assets under management as of September 30, 2013.1

For more information about the ETPs available in the U.S., visit:

*Effective January 13, 2014, the Fund’s investment adviser has contractually agreed to waive receipt of its fees and/or assume the expenses of the Fund until January 12, 2015, so that the direct expenses of the Fund (exclusive of interest expense, acquired fund fees and expenses, taxes, brokerage expenses, distribution fees or expenses, litigation expenses and other extraordinary expenses) do not exceed .80%. The Fund’s estimated net expense ratio is based on estimated amounts for Other Expenses for the current fiscal year.

Carefully consider the fund’s investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the fund’s prospectuses, which may be obtained by calling 1-855-329-3837 or by visiting Read the prospectus carefully before investing.

RISKS: Investing involves risk, including the possible loss of principal, International investing involves greater and different risks than investing in U.S. companies and funds investing in a single country or in a limited geographic region generally are more volatile than more diversified funds. Emerging markets tend to be more volatile than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Special risks associated with international investing include: currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. The fund may use derivatives which entail risks relating to liquidity, leverage and credit that may reduce returns and increase volatility. An investment in this fund should be considered only as a supplement to a complete investment program for those investors willing to accept the greater risks associated with investing internationally. Please read the Fund’s prospectus for a complete discussion of the risks associated with investing in the Fund.

One cannot invest directly in an index.

Shares of the funds may be sold throughout the day on the exchange through any brokerage account. However, shares may only be purchased and redeemed directly from the funds by authorized participants in very large creation/redemption units. There is no assurance that an active trading market for shares of a fund will develop or be maintained.

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