db x-trackers launches currency ETFs in London

The DBCR Index equally weights carry, momentum and valuation strategies using a rules-based process, to take long and short positions in the G-10 currencies, with regular rebalancing of the components.

The new funds will be listed on the London Stock Exchange and offer exposure to currencies as an asset class in either US dollar or British pound-hedged share class formats.

The bank has €250 million in the euro-hedged DBCR ETF listed in Frankfurt, accounting for 8.7% of the €28.5 billion in

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