Xtrackers Europe Equity Enhanced Active UCITS ETF 1C

The fund is actively managed. The fund is not managed in reference to a benchmark. INVESTMENT OBJECTIVE: The objective of the investment policy is to achieve a positive mid- to long-term capital appreciation in excess of a benchmark representing the shares of large and medium-capitalisation companies in developed market countries in Europe through investments in equities. ALLOCATION: The sub-portfolio manager for the fund is DWS Investments UK Limited. DWS Investments UK Limited has appointed DWS International GmbH (Discretionary Investment Advisor) to provide investment advice with regard to the composition of the fund’s portfolio of equities (Proposed Allocation); the fund may also invest from time to time in other transferable securities, such as for the purpose of efficient portfolio management (together with Equities, Invested Assets). The composition of the Proposed Allocation and Invested Assets will be selected using a dynamic bottom-up stock selection strategy with the primary aim of generating capital appreciation. In order to achieve the investment objective, the Discretionary Investment Advisor will consider multiple quantitative categories of fundamental and price-driven stock characteristics to determine a scoring model for each of the securities in the Investment Universe. The categories include, but are not limited to: valuation, financial strength, technical indicators, analyst sentiment, and earnings growth. The categories are constantly reviewed for their contribution to overall performance and are dynamically weighted within the scoring model as a result. The scores are implemented in the final allocation using a riskcontrolled approach. The Proposed Allocation will be provided by the Discretionary Investment Advisor at least on a scheduled monthly basis. The Sub-Portfolio Manager will assess the Proposed Allocation based on certain criteria and apply certain environmental, social, and governance (ESG) criteria to exclude companies which do not comply with certain standards as further described in the prospectus. In light of this, the Invested Assets of the fund may differ from the Proposed Allocation. INVESTMENT POLICY: 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, indicative net asset values and full disclosure on the composition of the fund's portfolio) is available on your local DWS website or at www.Xtrackers.com. The currency of the fund is EUR. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.