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Deutsche Bank Announces Distributions for db-X Target Date Funds
Published on Monday, 19 December 2011 16:35 Written by TradersHuddle Staff
NEW YORK-( Business Wire )-Deutsche Bank’s db-X Group today announced per share distribution amounts payable to shareholders of record as of December 22, 2011 for each of the following db-X Target Date Funds. The distribution amounts are as follows:
|
Fund Name |
Symbol |
Per-Share Distribution |
||||||||
| db-X 2010 Target Date Fund | TDD | $0.200165 | ||||||||
| db-X 2020 Target Date Fund | TDH | $0.365615 | ||||||||
| db-X 2030 Target Date Fund | TDN | $0.480396 | ||||||||
| db-X 2040 Target Date Fund | TDV | $0.380694 | ||||||||
| db-X In-Target Date Fund | TDX | $0.179565 |
The amount of per-share distribution by each of the db-X Target Date Funds estimated above was based upon the number of shares outstanding for each db-X Target Date Fund as of the close of business on December 16, 2011. The distributions are payable to shareholders of record as of December 22, 2011 and will be paid on December 29, 2011. These distributions represent DBX Strategic Advisors’ estimate of the amount by which each of the db-X Target Date Funds’ income exceeded its expenses in 2011. All estimates are subject to change due to Fund creation unit purchase or redemption activity through each Fund’s Ex-Date. The Ex-Date or the date when the NAV of each Fund’s shares will be adjusted by the amount of the distribution is December 20, 2011.
Further information on the tax treatment of these distributions, which generally should be treated as non-taxable returns of capital, can be found at http://dbxstrategicadvisors.db.com/
The ETFs are distributed by ALPS Distributors, Inc. (“ALPS”). DBX Strategic Advisors LLC (“DBX”) is the investment advisor to the ETFs. DBX is a subsidiary of Deutsche Bank AG, neither of which is affiliated with ALPS.
There are risks involved with investing in the db-X Target Date Funds, including possible loss of principal. Past performance does not guarantee future results.
An investor should consider the db-X Target Date Funds’ investment objectives, risks, charges and expenses carefully before investing. For this and more complete information about the db-X Target Date Funds, call 877-369-4617 or visit www.dbxstrategicadvisors.db.com for a copy of the applicable prospectus. Please read the prospectus carefully before investing.
About Deutsche Bank
Deutsche Bank is a leading global investment bank with a substantial private clients franchise. Its businesses are mutually reinforcing. A leader in Germany and Europe, the bank is continuously growing in North America, Asia and key emerging markets. With more than 100,000 employees in 73 countries, Deutsche Bank competes to be the leading global provider of financial solutions, creating lasting value for its clients, shareholders, people and the communities in which it operates.
About db-X
Deutsche Bank’s db-X Group is among the world's leading providers of exchange-traded products with currently more than 200 products totaling over $62 billion in assets under management in the United States, Europe and Asia.
Leveraging Deutsche Bank’s global expertise and resources, db-X provides both retail and institutional investors with professional and innovative investment products across asset classes and markets.
Deutsche Bank’s db-X Group has been driving innovation. db-X was the first to bring broad-based commodity exposure via exchange-traded funds to the US marketplace. Now, with the newest set of db-X MSCI Currency-Hedged Funds, db-X continues to offer some of the most innovative, efficient and transparent investment tools.
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