Deutsche to Shutter Five Target Date ETFs
April 30, 2015 at 07:00 AM EDT
Deutsche Asset & Wealth Management (Deutsche AWM), the exchange traded funds arm of German banking giant Deutsche Bank (NYSE: DB), plans to shutter its five target-date ETFs. Combined, the five target-date funds represent less than 1% of Deutsche AWM’s $16.7 billion in U.S. ETF assets. The ETFs...
