Deutsche Asset & Wealth Management (DeAWM) has announced that it has renamed all retail products in the Americas, effective on Monday. This change will affect all open-end funds, closed-end funds, the Variable Insurance Portfolios (VIPs) currently named “DWS,” and the db X-trackers exchange-traded funds (ETFs).
“Renaming our products to reflect our integrated platform is the natural next step for our business, as we continue to expand our footprint and leverage Deutsche Bank’s global reach,” said Jerry Miller, Head of Deutsche Asset & Wealth Management, Americas.
“The Deutsche brand better reflects our platform’s global capabilities and our ability to deliver unique, holistic solutions to our growing client base in the Americas.”
As part of the rebranding, Deutsche Asset & Wealth Management’s suite of retail products and ETFs will be renamed as follows:
Current Brand Name |
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| New Brand Name |
DWS and DWS RREEF funds |
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| Deutsche funds |
DWS variable insurance portfolios (VIPs) |
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| Deutsche VIPs |
DWS-branded closed-end funds |
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| Deutsche-branded closed-end funds |
db X-trackers exchange-traded funds |
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| Deutsche X-trackers exchange-traded funds |
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Additionally, the names of three key service providers will be renamed as follows:
Current Entity Name |
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| New Entity Name |
DWS Investments Distributors, Inc. |
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| DeAWM Distributors, Inc. |
DWS Trust Company |
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| DeAWM Trust Company |
DWS Investments Service Company |
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| DeAWM Service Company |
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DST fund numbers, ticker symbols, and fund objectives will remain unchanged.