Last checked at 15 Feb 2018 09:00
db x-trackers *
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 the shareholders of
db x-trackers EURO STOXX ® SELECT DIVIDEND 30 UCITS ETF (DR) *
(ISIN: LU0292095535)
(the “ Sub-Fund ”)
15 February 2018
The Board of Directors of the Company hereby informs the shareholders of the Sub-Fund (the “ Shareholders ”) that it has resolved (i) to amend the investment objective of the Sub-Fund and (ii) to change the name of the Sub-Fund with effect from 16 March 2018 (the “ Effective Date ”), as further described below (the “ Changes ”).
Capitalised terms not defined herein shall have the meaning given to them in the most recent version of the prospectus of the Company (the “ Prospectus ”) and the Product Annex of the Sub-Fund.
A) OVERVIEW OF THE CHANGES
1) Change of the Reference Index
The current investment objective of the Sub-Fund is to reflect the performance of the Euro STOXX ® SELECT DIVIDEND 30 Index (the “ Current Reference Index ”) which is designed to reflect the performance of the 30 shares which pay the highest dividends relative to other companies in their Euro-zone home market.
As from the Effective Date, the investment objective of the Sub-Fund will be amended in order to reflect the performance of the Euro STOXX ® QUALITY DIVIDEND 50 Index (the “ New Reference Index ”), which is designed to reflect the performance of the 50 high quality, high dividend-paying and low volatility equities selected from the universe of the Euro STOXX ® Index.
For the avoidance of doubt, the Index Sponsor remains unchanged. Additional information on the New Reference Index, its composition, calculation and rules for periodical review and re-balancing and on the general methodology behind it can be found on www.stoxx.com .
2) Change of the name of the Sub-Fund
As from the Effective Date and further to the Reference Index change, the Sub-Fund will change its name to Xtrackers EURO STOXX QUALITY DIVIDEND UCITS ETF .
B) GENERAL INFORMATION
The rationale for the Changes forms part of the Company’s continuous review of its existing product range. The aim of the change is also to enhance the product by adding quality screening feature and further diversification while still offering exposure to European dividend paying stocks.
The revised version of the Prospectus and key investor information document of the Sub-Fund reflecting the Changes will be available on the Company’s website ( www.Xtrackers.com ) and a copy 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 subscribe for or redeem Shares in the Sub-Fund on the primary market and who do not agree with the above changes are entitled to redeem their Shares in the Sub-Fund in accordance with the Prospectus. Such redemptions shall be free of any Redemption Charge from the date of this notice until 3:00 p.m. (Luxembourg time) on 15 March 2018. 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.
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 also be obtained from the legal entities mentioned under ‘Contact information’ below, the offices of foreign representatives or by sending an email to info@Xtrackers.com .
db x-trackers
The Board of Directors
Contact information
db x-trackers
49, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg
Deutsche Asset Management S.A.
2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg
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.
* Please note that on 16 February 2018 the Company will be renamed “Xtrackers” and the Sub-Fund will be renamed Xtrackers EURO STOXX SELECT DIVIDEND 30 UCITS ETF.
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