db x-trackers Important Notice to Shareholders
July 23 2019 - 3:00AM
UK Regulatory
TIDMXUKS
Xtrackers
Investment Company with Variable Capital
Registered office: 49, avenue J.F. Kennedy, L-1855
Luxembourg,
R.C.S. Luxembourg B-119.899
(the Company)
Important Notice to Shareholders of
Xtrackers FTSE 100 Short Daily Swap UCITS ETF
(ISIN: LU0328473581)
(the "Sub-Fund")
23 July 2019
The Board of Directors of the Company hereby informs the
shareholders of the Sub-Fund (the "Shareholders") about certain
changes (the "Changes") to the interest rate component of the
reference index of the Sub-Fund, the FTSE 100 Daily Short Index
(the "Reference Index").
As described in the Product Annex of the Sub-Fund, the
performance of the Reference Index is composed of the negative
performance of the FTSE 100 Total Return Declared Dividend Index,
plus a portion of interest, based on double the Sterling Overnight
Index Average ("SONIA"), and minus the costs of borrowing the
constituents of the Reference Index. This notice intends to inform
Shareholders that SONIA has been reformed as of 23 April 2018 (the
"Effective Date").
Prior to reform, SONIA was sponsored by the Wholesale Markets
Broker Association (WMBA)and reflected the weighted average rate of
all unsecured sterling overnight cash transactions brokered in
London by WMBA member firms with all counterparties in a minimum
deal size of GBP25 million.
On the Effective Date, SONIA underwent certain changes1:
Investors should note that the Changes to SONIA have not had a
material impact on the performance of the overall Reference Index
or the NAV of the Sub-Fund. This notice is for information purposes
only. The Shareholders are not required to take any action.
For the avoidance of doubt, the overall Reference Index,
Sub-Fund's name, its investment objectives, investment policy, risk
profile and fees have remained unchanged.
Following the above, certain changes will be made in the Product
Annex of the Sub-Fund in the section 'General Description of the
Reference Index'. The revised version of the key investor
information document of the Sub-Fund will be available on the
Company's website (www.Xtrackers.com) on or around 23 July 2019 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 of the Company.
Capitalised terms used herein shall have the meaning ascribed to
them in the most recent version of the prospectus of the Company
(the "Prospectus") and the Product Annex of the Sub-Fund unless the
context otherwise requires.
Further information in relation to the above may also 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
The Board of Directors
Contact Information
Xtrackers
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
1 A full overview of these Changes is available at
https://www.bankofengland.co.uk/news/2018/april/sonia-interest-rate-benchmark-reform
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190723005069/en/
This information is provided by Business Wire
(END) Dow Jones Newswires
July 23, 2019 04:00 ET (08:00 GMT)
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