ALQD.L Regulatory News (ALQD)

3 Nov 2021 09:00

Xtrackers II

Investment Company with Variable CapitalRegistered office: 49, avenue J.F. Kennedy, L-1855 LuxembourgR.C.S. Luxembourg B-124.284(the “Company”)

IMPORTANT NOTICE TO SHAREHOLDERS OF:

Xtrackers II USD Asia ex Japan Corporate Bond UCITS ETFISINs: LU1409136006(the “Terminating Sub-Fund”)

Luxembourg, 3 November 2021

This notice is to inform you on behalf of the board of directors of the Company (the “Board of Directors”) about recent developments in respect of the Terminating Sub-Fund in which you hold Shares.

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.

The Board of Directors deems it appropriate to terminate the Terminating Sub-Fund because it has demonstrated permanently low levels of demand and its Net Asset has remained too low for an extended period of time for the Terminating Sub-Fund to be operated in an economically efficient manner. Consequently, the Board of Directors has resolved to terminate the Terminating Sub-Fund as further described below with effect from 8 December 2021 (the “Termination Date”) and to proceed with the compulsory redemption of all outstanding shares of the Terminating Sub-Fund in accordance with the applicable provisions of the Articles of Incorporation and Prospectus (the “Termination”). The last Net Asset Value of the Terminating Sub-Fund will be calculated as of 8 December 2021.

Trading on all relevant stock exchanges will cease with effect from close of trading on 3 December 2021 (the "Last Trading Day"). Therefore, sale or purchase of Shares in the Terminating Sub-Fund in the secondary market may only be made until close of trading on the relevant stock exchange on the Last Trading Day. For the avoidance of doubt, the secondary market includes both trades on the relevant stock exchanges and any over-the-counter trades.

Requests for subscription or redemption for Shares in the Terminating Sub-Fund in the primary market, where applicable, may be made in the usual manner for processing in accordance with the Prospectus until the applicable Cut-Off Time as set out in the tables below. However, the liquidation costs, if any, will be taken into account in the Redemption Price. After the applicable Cut-Off Time set out below, no further redemptions and subscriptions will be accepted.

Please see below for a summary of the information above:

The following terms and conditions of the compulsory redemption have been determined in accordance with article 21 of the Articles of Incorporation and shall apply as of the Termination Date:

1. The Terminating Sub-Fund shall be liquidated and the Redemption Price for the Terminating Sub-Fund will be determined by reference to its Net Asset Value as of the Termination Date (the “Reference NAV”). The Reference NAV will take into account, amongst other expenses, all costs resulting from the realisation and liquidation of the remaining investments of the Terminating Sub-Fund;

2. No Redemption Charge will be applied;

3. The Redemption Proceeds will be paid in the relevant Reference Currency to the clearing agent;

4. The payment of the Redemption Proceeds to the registered Shareholders and the clearing agents, resulting from the compulsory redemption, will take place at the latest 10 Luxembourg Business Days after the Termination Date (the “Payment Date”). It should be noted that payment of the Redemption Proceed to Shareholders who hold Shares via intermediaries may take longer than 10 Luxembourg Business Days; and

5. the Redemption Proceeds relating to Shares for which payment to Shareholders could not be made, will be deposited with the Caisse de Consignation in Luxembourg on behalf of the persons entitled thereto as soon as possible after the Payment Date and in any event before the closure of the liquidation procedure.

Shareholders who subscribe for Shares in the Terminating Sub-Fund on the primary market, where applicable, are entitled to redeem their Shares in the Terminating Sub-Fund in accordance with the Prospectus. Such redemptions shall be free of any Redemption Charge from the date of this notice until the applicable Cut-off Time and Date (as set out in the table above). 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. However, Shareholders should note that orders in the secondary market may incur costs over which the Company has no control and to which the above disapplication of the Redemption Charge does not apply.

Further information in relation to the Termination 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.

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.

All Shareholders are strongly advised to: consult their tax advisor to assess the impact of the Termination and any potential tax consequences thereof under the laws of the countries of their nationality, residence, domicile or incorporation.

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 IIThe Board of Directors

Contact information

Xtrackers II49, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of LuxembourgDWS Investment S.A.

2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg

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