Last checked at 3 Sep 2019 09:00
Xtrackers II
Investment Company with Variable Capital
Registered office: 49, avenue J.F. Kennedy L-1855 Luxembourg
R.C.S. Luxembourg No. B-124.284
(the "Company")
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Important Notice to Shareholders of
Xtrackers II EUR Corporate Bond UCITS ETF
(1C Share Class, ISIN: LU0478205379)
(the "Sub-Fund")
___________________________________________________________________
3 September 2019
The Board of Directors of the Company hereby informs the shareholders of the Sub-Fund (the “Shareholders”) about certain temporary reductions in the Management Company Fee (the “Changes”), as described below.
DWS Investment S.A., acting in its role as a management company, has agreed to waive part of the Management Company Fee for Share Class 1C (ISIN: LU0478205379) of the Sub-Fund (the “Share Class”) from “up to 0.06%” per annum” to “0.02% per annum” for the period from 1 September 2019 until 31 August 2020, inclusive (the “Waiver Period”). The Fixed Fee will remain unchanged at “up to 0.10% per annum” during the Waiver Period. As a result, the All-in Fee of the Sub-Fund will be reduced to “up to 0.12% per annum” during the Waiver Period.
For the avoidance of doubt, the Management Company Fee for the Share Class will return to the usual charge of “up to 0.06% per annum” from 1 September 2020, inclusive. As a result, the All-in fee will return to the usual charge of “up to 0.16% per annum” from 1 September 2020.
Period | 01/09/2019 – 31/08/2020 | From 01/09/2020 | ||||
| Management Company Fee | Fixed Fee | All-in Fee | Management Company Fee | Fixed Fee | All-in Fee |
Xtrackers II EUR Corporate Bond UCITS ETF / 1C | 0.02% | 0.10% | 0.12% | 0.06% | 0.10% | 0.16% |
This notice is for information purposes only. The Shareholders are not required to take any action.
For the avoidance of doubt, due to the temporary character of the Changes, neither the key investor information document of the Sub-Fund nor the Product Annex of the Sub-Fund will be amended.
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 IIThe Board of Directors
Contact Information
Xtrackers II49, 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
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