Xtrackers Nasdaq 100 Swap UCITS ETF 1D USD

The fund is passively managed. INVESTMENT OBJECTIVE: The aim is for your investment is to track the performance, before fees and expenses, of the NASDAQ-100 Index (index) which is designed to trackt the performance of shares from 100 of the largest US and international non-financial companies listed on the NASDAQ Stock Market, based on market capitalisation, that comply with certain eligibility and liquidity criteria. DESCRIPTION OF INDEX: The index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. INDEX REBALANCING, CALCULATION AND ADMINISTRATION: The index is administered by Nasdaq Inc. 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. The index is reviewed on at least an annual basis and rebalanced on at least a quarterly basis. INVESTMENT POLICY: To achieve the aim, the fund will invest in transferable securities and enter into financial contracts (derivatives) with one or more counterparties relating to the 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. 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. 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 level of tracking error in normal market conditions is 1 per cent. The currency of the fund is USD. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.