NEW YORK--(BUSINESS WIRE)--Deutsche Asset & Wealth Management (Deutsche AWM) today announced the offering of two fixed income funds, Deutsche Limited Maturity Quality Income Fund (Institutional Class: DLTIX, Investment Class: DLTVX) and the Deutsche Ultra-Short Investment Grade Fund (Institutional Class: DUSNX, Investment Class: DUSVX). Each Fund seeks to provide investors with current income consistent with the preservation of capital and liquidity. The Funds, while not money market funds, are meant to serve our corporate clients and financial intermediaries’ evolving needs in light of the SEC’s Money Market Reform, which goes into effect October 2016.
“Deutsche AWM is committed to creating investment solutions across the spectrum of conservative fixed income products amid the evolving regulatory landscape,” said Joe Benevento, Chief Investment Officer for the Americas and Co-Head of Global Fixed Income for Deutsche AWM. “We will continue to assess the market and deliver innovative products in an ongoing effort to identify the changing needs of our clients.”
Deutsche Limited Maturity Quality Income Fund seeks to achieve its objective by investing mainly in high quality, short-term, US dollar denominated fixed-income instruments. Deutsche Ultra-Short Investment Grade Fund seeks to achieve its objective by investing in investment grade US dollar denominated fixed-income instruments. Both Funds offer two share classes, Institutional Shares and Investment Class, and Geoffrey Gibbs, Head of the US Liquidity Management Group, serves as the Lead Portfolio Manager of the team managing each Fund.
As a leading global asset and wealth manager and provider of management services, Deutsche AWM offers an array of cash and fixed-income investment solutions for a wide range of investors. For further information on the two new fixed income funds, please visit: https://liquidity.deutscheawm.com/US/.
Deutsche Asset & Wealth Management
With USD 1.22 trillion of assets under management (as of September 30, 2015), Deutsche Asset & Wealth Management¹ is one of the world's leading investment organizations. Deutsche Asset & Wealth Management offers individuals and institutions traditional and alternative investments across all major asset classes. It also provides tailored wealth management solutions and private banking services to high-net-worth individuals and family offices.
¹ Deutsche Asset & Wealth Management is the brand name of the Asset Management and Wealth Management division of the Deutsche Bank Group. The legal entities offering products or services under the Deutsche Asset & Wealth Management brand are listed in contracts, sales materials and other product information documents.
Important risk information
Deutsche Limited Maturity Quality Income Fund and Deutsche Ultra-Short Investment Grade Fund are subject to interest-rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Credit risk refers to the ability of an issuer to make timely payments of principal and interest. In certain situations, it may be difficult or impossible to sell an investment at an acceptable price. Investing in foreign securities presents certain risks, such as currency fluctuations, political and economic changes, and market risks. The funds may lend securities to approved institutions. Each fund is not a “money market fund” and does not attempt to maintain a stable net asset value. See the prospectus for detail.
TO OBTAIN A PROSPECTUS
To obtain a summary prospectus, if available, or prospectus, for institutional funds distributed by DeAWM Distributors, Inc., download one now or call Institutional Investor Services at (800) 730-1313 Monday through Friday, 8:30 am to 6:00pm ET. We advise you to carefully consider the product's objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this information and other important information about the investment product, including management fees and expenses. Please read the prospectus carefully before you invest or send money.
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NOT FDIC/NCUA INSURED MAY LOSE VALUE |
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NO BANK GUARANTEE NOT A DEPOSIT |
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NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY |
Deutsche Asset & Wealth Management represents the asset management and wealth management activities conducted by Deutsche Bank AG or any of its subsidiaries. Clients will be provided Deutsche Asset & Wealth Management products or services by one or more legal entities that will be identified to clients pursuant to the contracts, agreements, offering materials or other documentation relevant to such products or services.
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