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Deutsche cuts fees on China-focussed ETF

Deutsche Asset & Wealth Management (Deutsche AWM) is cutting commission fees as it celebrates being granted a new RQFII quota worth RMB6billion (US$ 960 million). The German lender will cut fees from 1.1% to 0.65%, and expand its db x-trackers Harvest CSI300 index UCITS ETF, currently with US$700 million in AUM, in the wake of the RQFII quota increase granted…

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