The Xtrackers FTSE All-World UCITS ETF $ALLW (-2.76%) (ISIN: IE000L6ZMMC4) will no longer cost 0.12 percent per year in TER as before, but only 0.07 percent as of June 1. only 0.07 percent.
This makes it the cheapest ETF on the FTSE All-World Index.
The asset management company DWS is thus once again aggressively attacking the competition from Vanguard and Invesco, which it had already undercut with a TER of 0.12 percent. DWS is also competing with very low-cost providers such as Amundi and its Prime All Country World ETF.
