Xtrackers S&P 500 Swap UCITS ETF 7C GBP Hdg

INVESTMENT OBJECTIVE: The aim is for your investment to reflect the performance of the S&P 500 Index (index) which is designed to reflect the performance of shares of 500 companies representing all major US industries, while seeking to minimise foreign currency fluctuations at share class level. DESCRIPTION OF INDEX: The index contains shares of large companies traded on certain eligible US exchanges. A company's weighting in the index depends on its relative size based on the combined value of a company's readily available shares as compared to other companies on the stock markets. INDEX REBALANCING, CALCULATION AND ADMINISTRATION: The index is administered by Standard & Poor's. The index is calculated on a total return net basis which means that all dividends and distributions by the companies are reinvested in the shares after tax. Changes to the index are made as needed with no annual or semi-annual reconstitution. INVESTMENT POLICY: To achieve the aim, the fund will i) invest in transferable securities and enter into financial contracts (derivatives) with one or more swap counterparties relating to transferable securities and the net or gross total return version of the index (swap index), in order to obtain the return on the swap index, and ii) enter into financial contracts (derivatives) which attempt to reduce the effect of exchange rate fluctuations between the currency of the index components and the currency of your shares. The gross total return version of the index calculates the performance of the stocks assuming that all dividends and distributions are reinvested on a gross basis. The swap index shall be selected in the absolute discretion of the Investment Manager. The fund may employ techniques and instruments in order to manage risk, reduce costs and improve results. These techniques and instruments may include the use of financial contracts (derivatives). FURTHER INFORMATION: Certain information (including the latest share prices of the fund, ind

Synthetic replication - Fixed Income Portfolio + Swap

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No