Deutsche AM launches six US sector ETFs

Annual all-in fee of 0.12%

Deutsche Asset Management has expanded its Xtracker equity sector ETF range with the launch of six products providing exposure to the US market.

Tracking MSCI USA indices, the ETFs will cover the energy, healthcare, information technology, financials, consumer discretionary and consumer staples sectors. Deutsche AM to launch EM ETF after passive rebrand Listing on the London Stock Exchange on 19 September, the ETFs will charge an annual all-in fee of 0.12%. Michael Mohr, head of ETF product development at Deutsche AM, said: "As ETFs are increasingly being used as tactical asset allocation tools, there is demand from investors for granular exposure on a sector basis. "These very competitively-priced ETFs on US sectors wil...