Xtrackers Msci Japan Climate Transition UCITS ETF 1dIndex, costs, backtest, listings and taxation

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The fund is passively managed.

INVESTMENT OBJECTIVE:The fund aims to reflect the performance of the MSCI Japan Select Sustainability Screened CTB Index (index).

DESCRIPTION OF INDEX:The index is designed to reflect the performance of large and medium capitalisation companies in Japan which are selected and weighted with the aim of meeting the minimum standards of the EU Climate Transition Benchmarks (EU CTB).

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ESG CRITERIA: The index first removes companies from the MSCI Japan Index (parent index) which do not meet certain environmental, social and governance (ESG) criteria, as disclosed in the prospectus and/or supplement. Securities from the parent index that are not removed in accordance with the ESG exclusions will constitute the eligible universe. Securities from the eligible universe are selected and weighted following an optimization-based approach which uses their market capitalisation as a starting point, based on constraints and objectives. Securities in the index are subject to climate and other environmental or social objectives constraints, according to the thresholds determined by MSCI, to ensure the minimum standards of EU CTB are met and certain other objectives are met, including a minimum reduction in water emissions intensity and hazardous waste intensity compared to the parent index, a minimum weighted average company revenue in activities deemed as having a sustainable impact, a minimum increase in the weight of companies setting decarbonisation targets, and a maximum weight in securities with lower MSCI ESG Ratings. Securities in the index are subject to diversification constraints to ensure diversification and representativeness compared to the parent index.

INDEX REBALANCING, CALCULATION AND ADMINISTRATION:The index is administered by MSCI Limited. 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 and rebalanced on a semi-annual basis. The index is calculated in USD 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). 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. The fund distributes up to four times per annum. You may request the redemption of shares generally on a daily basis.

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