Deutsche AWM slashes annual fee on Japanese ETF

The db x-trackers Nikkei 225 Ucits ETF had previously included an annual all-in fee of 0.25 per cent per annum.

However Deutsche has now taken steps to reduce the annual fee on the Nikkei ETF down to 0.09 per cent.

The Japanese equity ETF is part of Deutsche AWM’s core ETFs range which carry annual all-in fees ranging between 0.07 per cent and 0.19 per cent per annum.

Deutsche AWM head of ETF sales for EMEA and Asia Simon Klein says: “This fee cut will be welcomed by current investors, but will also help attract new types of investors.

“The ETFs in our Core-ETFs range can now more than compete with index mutual funds in terms of all-in fees.”

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