XTRACKERS II: Important Notice to Shareholders of Xtrackers II
October 27 2023 - 3:00AM
UK Regulatory
Xtrackers II
Investment Company with Variable Capital
Registered office: 49, avenue J.F. Kennedy, L-1855
Luxembourg
R.C.S. Luxembourg B-124.284
(the "Company")
Important Notice to the Shareholders of
Xtrackers II EUR Overnight Rate Swap UCITS ETF
1C (ISIN: LU0290358497)
Xtrackers II USD Overnight Rate Swap UCITS ETF
1C (ISIN: LU0321465469)
and
Xtrackers II GBP Overnight Rate Swap UCITS ETF
1D (ISIN: LU0321464652)
(each a "Sub-Fund" and together the "Sub-Funds")
27 October 2023
The board of directors of the Company (the "Board of Directors")
hereby informs the shareholders of the Sub-Funds (the
"Shareholders") that it has resolved to make certain changes to the
Sub-Funds, as detailed below (collectively referred to as the
"Changes"). The Changes will be effective as of 30 November 2023
(the "Effective Date").
Capitalised terms used in this notice shall have the same
meaning ascribed to them in the latest version of the prospectus of
the Company (the "Prospectus") unless the context otherwise
requires.
Change of Reference Index and Index Administrator
Currently the Investment Objective of each Sub-Fund is to
reflect the performance of a Reference Index, as set out in the
table below (each a "Current Reference Index"). Each Current
Reference Index is administered by Deutsche Bank AG (the "Current
Index Administrator").
As of the Effective Date, the Investment Objective of each
Sub-Fund will change to reflect the performance of a new Reference
Index, as set out in the table below (each a "New Reference
Index"). Each New Reference Index is administered by Solactive AG
(the "New Index Administrator").
Sub-Fund Current Reference Index New Reference Index
Xtrackers II EUR DEUTSCHE BANK EURO Solactive EURSTR +8.5
Overnight Rate Swap OVERNIGHT RATE INDEX(R) Daily Total Return Index
UCITS ETF
Xtrackers II USD FED FUNDS EFFECTIVE RATE Solactive FEDL Daily
Overnight Rate Swap TOTAL RETURN INDEX(R) Total Return Index
UCITS ETF
Xtrackers II GBP SONIA TOTAL RETURN Solactive SONIA Daily
Overnight Rate Swap INDEX(R) Total Return Index
UCITS ETF
The Board of Directors deems it appropriate to proceed with the
Changes in order to allow for a greater selection of Swap
Counterparties that are willing to enter into OTC Swap Transactions
in relation to each New Reference Index rather than the relevant
Current Reference Index.
For the avoidance of doubt, the rules of each New Reference
Index are materially the same as the rules of the relevant Current
Reference Index.
Further details on each New Reference Index, including its
calculation, rules and methodology can be found on
www.solactive.com.
General Information
For the avoidance of doubt, the Sub-Funds' fees will remain
unchanged.
Shareholders should be aware that although the transaction costs
and duties are expected to be minimal, they may still arise as a
result of the Changes and will be borne by each Sub-Fund.
Shareholders who subscribe for Shares in the Sub-Fund(s) on the
primary market and who do not agree with the Changes, are entitled
to redeem their Shares in the Sub-Fund(s) in accordance with the
Prospectus. Such redemptions shall be free of any Redemption Charge
from the date of this notice until 3:30 p.m. (Luxembourg time) on
27 November 2023. Please note that the Company does not charge any
redemption fee for the sale of Shares in the secondary market.
Orders to sell Shares through a stock exchange can be placed via an
authorised intermediary or stockbroker. Shareholders should note
that orders in the secondary market may incur costs over which the
Company has no control and to which the above exemption on
redemption charges does not apply.
Copies of the revised Prospectus and the key information
documents of each Sub-Fund reflecting the Changes will be made
available on the website of the Company (www.Xtrackers.com) on or
around the Effective Date, and copies thereof may be obtained on
request free of charge at the registered office of the Company or
at the offices of foreign representatives, once available.
Shareholders who have any queries or to whom any of the above is
not clear should seek advice from their stockbroker, bank manager,
legal advisor, accountant or other independent financial advisor.
Shareholders should also consult their own professional advisors as
to the specific tax implications under the laws of the countries of
their nationality, residence, domicile or incorporation.
Further information in relation to the Changes may be obtained
from the legal entities mentioned under Contact information below,
the offices of foreign representatives or by sending an email to
Xtrackers@dws.com.
Neither the contents of the Company's website nor the contents
of any other website accessible from hyperlinks on the Company's
website is incorporated into, or forms part of, this
announcement.
Xtrackers II
The Board of Directors
Contact information
Xtrackers II
49, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of
Luxembourg
DWS Investment S.A.
2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of
Luxembourg
View source version on businesswire.com:
https://www.businesswire.com/news/home/20231027887779/en/
CONTACT:
Xtrackers II
SOURCE: Xtrackers II
Copyright Business Wire 2023
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