January 8, 2009

Deutsche Bank Exchange Traded Funds have over EUR 12 billion of net inflows in 2008

db x-trackers is currently the fastest growing ETF provider in Europe

Despite the major upheavals market investors continued to increase their demand for Exchange Traded Funds (ETFs) during 2008. db x-trackers, the Exchange Traded Funds platform of Deutsche Bank, achieved a net inflow of  EUR 12.02 bln during 2008 showing a growth of 132% versus the assets under management raised in 2007. There were inflows of EUR 6.77 bln into the db x-trackers Equity ETFs and EUR 5.24 bln were attracted by the db x-trackers Fixed Income ETFs.

“In December 2008 alone we had a net inflow of EUR 2.6 bln mostly in our Equity ETFs product line”, says Thorsten Michalik, Head of db x-trackers at Deutsche Bank. Michalik states that these inflows were not only caused by the German tax reform which had been introduced on 1st of January 2009: “During the four very first trading days in 2009 investors brought db x-trackers ETFs worth over EUR 1 bln,“ concludes Michalik. “2009 will be the ETF year. We are planning to expand our product line on the domestic as well as on the international level. In February we will enter the Asian market by listing the first db x-trackers ETFs.”

With over 100 ETFs on various asset classes like Equity, Fixed Income, Credit, Money Market, Commodity and Currency indices db x-trackers manages nearly EUR 18.6 bln. “Our db x-trackers DAX® und DJ EURO STOXX50® Short ETFs were the best performing funds in Germany during 2008 with a performance of 55.3% and 58.9%”, says Simon Klein, Global Head of Sales for db x-tracker ETFs. 

db x-trackers has currently 263 exchange listings in Frankfurt; London, Paris, Milan and Zurich. Based on the latest November figures provided by Deutsche Börse db x-trackers ETFs had a market share of over 34% for exchange trading and OTC trading in Europe.

With EUR 18.6 bln assets under management, a product range of over 100 ETFs and an ETF Trading market share in Europe of 34%, all achieved within 2 years, db x-trackers is currently the fastest growing ETF provider in Europe.

For further information please visit http://www.dbxtrackers.com/.

If you have any questions feel free to contact:

Thorsten Michalik
Tel.  +49 069 910 30728

db x-trackers – Deutsche Bank Exchange Traded Funds
db x-trackers are Exchange Traded Funds (ETFs) – an index tracking solution of Deutsche Bank AG. db x-trackers ETFs were launched in January 2007 and is currently the fastest growing ETF provider in Europe. Within 2 years over EUR 18 billion of assets under management have been raised, making db x-trackers one of the three biggest ETF providers in Europe.

With over 100 db x-trackers ETFs based on various asset classes including Equity, Fixed Income, Credit, Money Market, Currencies and Commodities investors are able to invest in a very transparent, flexible and efficient way. The range includes the largest range of ETFs on short indices covering equity, bonds and credit indices.

db x-trackers ETFs are listed on five different exchanges across Europe (Borsa Italiana, Frankfurt Xetra, Paris Euronext, London Stock Exchange und Zuerich SIX Swiss Exchange) and are supported by multiple different market makers. db x-trackers ETFs are domiciled in Luxembourg and comply with the UCITS III regulation.

With EUR 6 billion assets under management the db x-trackers EONIA ETF is the biggest ETF in Europe.  Within two years, db x-trackers fixed income ETF range has largest number of products available and most assets under management of any ETF provider in Europe.

The db x-trackers SHORT DAX® und DJ EURO STOXX50® Short ETFs were the best performing funds 2008 in Germany.

About Deutsche Bank
Deutsche Bank is a leading global investment bank with a strong and profitable private clients franchise. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With 81,308 employees in 75 countries, Deutsche Bank offers unparalleled financial services throughout the world. The bank competes to be the leading global provider of financial solutions for demanding clients creating exceptional value for its shareholders and people.