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Deutsche Floats Currency Hedged ETF
Deutsche Bank has unveiled a new db x-trackers equity index fund.
Deutsche Bankhas unveiled a newdb x-trackersequity index fund,Mondovisionereports. Thedb x-trackers S&P 500 (EUR) ETFwill be traded on theXetratrading platform.
The new vehicle will track the performance of theS&P 500 Total Return Net Index. The fund will be hedged against exchange rate fluctuations between the euro and the U.S. dollar.
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