NEW YORK--(BUSINESS WIRE)--Deutsche Asset Management announced today the launch of its new Deutsche US Multi-Factor Fund (the Fund), a mutual fund that leverages the investment strategy employed by its Deutsche X-trackers Russell 1000 Comprehensive Factor exchange-traded fund (ETF) (NYSE Arca: DEUS).
“Our goal at Deutsche Asset Management is to provide clients with flexible access to products and solutions across a wide range of investment opportunities,” said Brian Binder, President of Deutsche Funds and Head of US Product & Fund Administration. “Through deliberate, consistent and direct factor exposure, the Deutsche US Multi-Factor Fund’s objective is to potentially make a significant contribution to outperforming traditional market-capitalization weighted benchmark indices, while lowering risk possibilities and adding diversification to the portfolio.”
Deutsche X-trackers launched its factor ETFs suite with the release of DEUS alongside another multi-factor fund in November 2015.
“In our view, factor investing straddles the intersection of active and passive asset management,” said Fiona Bassett, Head of Passive Asset Management, Americas. “The new fund complements Deutsche Asset Management’s existing suite of products and showcases our ability to deliver the unique factor-based approach via an index fund to a broader scope of investors.”
Deutsche US Multi-Factor Fund tracks the Russell 1000 Comprehensive Factor Index, which is designed to capture exposure to large-cap US equities using five factors: quality, value, momentum, low volatility and size. The Fund seeks exposure to the universe of stocks in the US equity market, while titling individual weights towards those proficient in all five factors, assembling the best team of stocks.
To find out more about Deutsche AM US funds, visit: https://fundsus.deutscheam.com/EN/.
To find out more about the Deutsche X-trackers ETFs available in the US, visit: www.deutsche-etfs.com.
Deutsche Asset Management
With EUR 723 billion of assets under management (as of March 31, 2017), Deutsche Asset Management1 is one of the world’s leading investment management organizations. Deutsche Asset Management offers individuals and institutions traditional and alternative investments across all major asset classes.
© 2017 Deutsche Asset Management. All rights reserved.
Consider the fund’s investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in the fund’s prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at www.deutsche-etfs.com. Please read it carefully before investing.
DEUS - Important risk information: Investing involves risk, including possible loss of principal. Stocks may decline in value. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Because the fund seeks to provide exposure to stocks based on the following multifactors – value, momentum, quality, low volatility and size – it is expected exposure to such investment factors will detract from performance in some market environments, as more fully explained in the fund’s prospectus. Performance of the Fund may diverge from that of the Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. See the prospectus for details.
DBX Advisors LLC is the investment adviser to the Deutsche X-trackers Funds. Deutsche X-trackers funds are distributed by ALPS Distributors, Inc.
One cannot invest directly in an index.
Shares of the fund may be sold throughout the day on the exchange through any brokerage account. However, shares may only be purchased and redeemed directly from the fund by authorized participants in very large creation/redemption units. There is no assurance that an active trading market for shares of the fund will develop or be maintained.
Investment products offered through Deutsche AM Distributors, Inc. Advisory services offered through Deutsche Investment Management Americas, Inc.
Deutsche US Multi-Factor Fund – Important risk information: Investing involves risk, including possible loss of principal. Stocks may decline in value. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Because the fund seeks to provide exposure to stocks based on the following multi-factors—value, momentum, quality, low volatility and size—it is expected exposure to such investment factors will detract from performance in some market environments, as more fully explained in the fund’s prospectus. Performance of the Fund may diverge from that of the Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. See the prospectus for details.
Obtain a prospectus
To obtain a summary prospectus, if available, or prospectus, download one from www.deutschefunds.com, talk to your financial representative or call (800) 728-3337. We advise you to carefully consider the product’s objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest. All investments involve risk, including potential loss of principal.
No bank guarantee | Not FDIC insured | May lose value 050925_1.0_ 05.18.18 DBX002722
| _______________ |
|
1 Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents. |