Deutsche Bank unveils principled ETFs

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Deutsche Bank has launched two physically replicated db x-trackers ETFs on the Frankfurt Stock Exchange designed to track socially-conscious indices.

The Global Fund Supporters ETF (DR) and Stoxx Europe Christian index ETF (DR) are also the first offered by db x-trackers to use physical replication, rather than swaps. The company says all its ETFs that use physical index replication will bear the abbreviation "DR" for "Direct Replication" after their name. The Global Fund Supporters ETF (DR) replicates the Dow Jones Global Fund 50 index to Fight AIDS, Tuberculosis and Malaria, a collaboration between Dow Jones Indexes and the Global Fund. db X-trackers says its ETF, which invests in the largest public companies that support the ...

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