Deutsche Bank has rebranded five exchange-traded target-date funds, previously known as the TDX Independence Funds, as the db-X Target Date Funds.

Each fund tracks the Zacks Lifecycle Indexes and is diversified across domestic and international equities and fixed income.

The funds join the five currency-hedge db-X ETFs that Deutsche Bank launched on June 9.

“Broadening the base of funds on our db-X platform reinforces Deutsche Bank’s commitment to expanding our product offerings and increasing the variety of investments that we provide to the U.S. market,” said Martin Kremenstein, chief investment officer of the db-X line.

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