Xtrackers Euro Stoxx 50 Short Daily Swap UCITS ETF 1C

INVESTMENT OBJECTIVE: The aim is for your investment to reflect the performance of the EURO STOXX 50 Short index (index) which provides the opposite performance of the EURO STOXX 50 index (Underlying index) on a daily basis plus a rate of interest and minus borrowing costs. This means that the level of the index should rise when the Underlying index falls and fall when the Underlying index rises on a daily basis. The interest rate added to the index level is based on double the rate at which banks in the Eurozone lend to each other overnight (as calculated by the European Central Bank) earned on the short position. DESCRIPTION OF INDEX: The Underlying index reflects the performance of the shares of 50 of the largest companies in certain industry sectors in the Eurozone. The companies are selected on the basis that they have the largest combined value of readily available shares compared to other companies. A company's weighting in the index depends on its relative size but cannot exceed 10% of the index at each quarterly review date. INDEX REBALANCING, CALCULATION AND ADMINISTRATION: The index is reviewed and rebalanced on a quarterly basis. The index is calculated on a gross total return basis which means that all dividends and distributions by the companies are reinvested in the shares on a gross basis. INVESTMENT POLICY: To achieve the aim, the fund will enter into financial contracts (derivatives) with one or more swap counterparties to swap most subscription proceeds for the return on the index. FURTHER INFORMATION: Certain information (including the latest share prices of the fund, indicative net asset values, full disclosure on the composition of the fund's portfolio and information on the index constituents) are available on your local DWS website or at www.Xtrackers.com. Transaction costs and taxes, unexpected fund costs and market conditions such as volatility or liquidity issues may affect the ability of the fund to track the index. The anticipated le

Synthetic replication - fully funded swap backed by collateral

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No