The exchange-traded fund (ETF) gives investors exposure to developed international equities while hedging half of their US dollar currency risk.

DWS has launched the Xtrackers MSCI EAFE 50% Hedged Equity exchange traded fund (ETF) (EAFH), an ETF that offers exposure to developed international equity markets while hedging approximately 50% of foreign currency exposure against the US dollar. The launch expands DWS's range of international equity ETFs The fund began trading on Cboe on October 1 and seeks to track the MSCI EAFE 50% Hedged to USD Index. It is designed to provide access to equities across developed markets outside the US a