Xtrackers MSCI USA Consumer Discretionary UCITS ETF 1D

INVESTMENT OBJECTIVE: The aim is for your investment to track the performance, before fees and expenses, of the MSCI USA Consumer Discretionary 20/35 Custom Index (index). DESCRIPTION OF INDEX: The index is based on the MSCI USA Index (Parent Index), which is designed to reflect the performance of large and medium sized companies representing 85% of the readily available shares in the United States of America. The index contains all of the constituents of the Parent Index assigned to the "MSCI USA Consumer Discretionary" classification. The weight of the largest group entity in the index is capped at 31.5% and the weights of all other entities are capped at 18% at each quarterly index rebalancing (that is 35% and 20% respectively, with a buffer of 10% applied on these limits at each index rebalancing). INDEX REBALANCING, CALCULATION AND ADMINISTRATION: The index is calculated on a total return net basis. This means that all dividends and distributions by the companies are reinvested in the shares after tax. The index is reviewed and rebalanced on a quarterly basis and may also be rebalanced at other times in order to reflect corporate activity such as mergers and acquisitions. The index is calculated in US Dollars on a daily basis. INVESTMENT POLICY: To achieve the aim, the fund will attempt to replicate the index, before fees and expenses, by buying all or a substantial number of the securities in the index. 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). The fund may also engage in secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the fund. 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 cons

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No