9 Mar 2022 10:50
Xtrackers
Investment Company with Variable Capital
Registered office: 49, avenue J.F. Kennedy L-1855 Luxembourg
R.C.S. Luxembourg No. B-119.899
(the "Company")
___________________________________________________________________
Important Notice to Shareholders of
Xtrackers MSCI Russia Capped Swap UCITS ETF (ISIN: LU0322252502)
(the "Sub-Fund")
___________________________________________________________________
09 March 2022
The Board of Directors of the Company hereby informs the shareholders of the Sub-Fund (the “Shareholders”) about certain temporary waivers in the Management Company Fee and Fixed Fee (the “Changes”), as described below.
Further to the ever developing situation between Russia and Ukraine, in addition to the suspension of the determination of the Net Asset Value and the issue and redemption of Shares as well as the right to convert Shares of the Sub-Fund (as notified to investors on 1 March 2022), we hereby inform you that DWS Investment S.A., acting in its role as a management company, and DWS Investments UK Limited, acting in its role as Fixed Fee Agent, have agreed to waive the Management Company Fee for Share Class 1C (ISIN: LU0322252502) of the Sub-Fund (the “Share Class”) from “up to 0.45% per annum” to “0.00% per annum” and the Fixed Fee for the Share Class from “0.20% per annum” to “0.00%” per annum respectively, for the period from 1 March 2022 until such time as the Company notifies shareholders of a change (the “Waiver Period”). In addition, the Management Company Fee for the Share Class for the month of February 2022 will be reimbursed. For the avoidance of doubt, any accrued Fixed Fee will not be reimbursed.
This notice is for information purposes only. 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
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20220309005534/en/
Copyright Business Wire 2022