Xtrackers (IE) plc
Investment Company with Variable Capital
Registered office: 78 Sir John Rogerson's Quay, Dublin 2, Ireland
Central Bank of Ireland registry number: 393802
(the “Company”)

Important Notice to Shareholders of

Xtrackers ESG USD Corporate Bond UCITS ETF
1C (ISIN: IE00BL58LJ19)

Xtrackers iBoxx USD Corporate Bond Yield Plus UCITS ETF
(to be renamed Xtrackers ESG USD Corporate Bond Short Duration UCITS ETF)1
1D (ISIN: IE00BF8J5974)

(each a “Fund” and together the “Funds”)

14 February 2022

Dear Shareholder,

The board of directors of the Company (the "Board of Directors") hereby informs the shareholders of the Funds (the "Shareholders") that Bloomberg Index Services Limited, in its capacity as Index Administrator of the Reference Index of each Fund (as set out in the table below), has resolved to make certain changes to the environmental, social and governance (“ESG”) components of the index methodology of each Reference Index (collectively referred to as the “Changes”). The Changes will be effective as of 28 February 2022 (the “Effective Date”).

Fund

Reference Index

Xtrackers ESG USD Corporate Bond UCITS ETF

Bloomberg MSCI USD Liquid Investment Grade Corporate Sustainable and SRI Index

Xtrackers iBoxx USD Corporate Bond Yield Plus UCITS ETF

(to be renamed Xtrackers ESG USD Corporate Bond Short Duration UCITS ETF)1

 

Bloomberg MSCI USD Corporate Sustainable and SRI 0-5 Years Index2

Capitalised terms used in this notice shall have the same meaning ascribed to them in the current version of the prospectus of the Company (the “Prospectus”), unless the context otherwise requires.

A) OVERVIEW OF THE CHANGES

Addition of ESG exclusion standards

Currently the Reference Index of each Fund applies an ESG screening approach which excludes companies that, amongst others, (i) are unrated by MSCI ESG Research, (ii) are assigned an MSCI ESG Rating of BB or below, (iii) have a “red” MSCI ESG Controversies Score, (iv) are classified by MSCI in their Business Involvement Screening Research as breaching certain revenue thresholds in controversial activities associated and (v) are involved in controversial weapons, nuclear weapons, unconventional oil & gas, thermal coal or with any fossil fuel reserves (the “ESG Exclusion Criteria”).

As of the Effective Date, if having applied the ESG Exclusion Criteria less than 20% of the total number of issuers in the eligible universe (the “Relevant Threshold”) are excluded, the remaining issuers will be ranked according to MSCI ESG Rating score and MSCI ESG Controversies score and those with the lowest ranking will be excluded from the Reference Index, until the number of excluded issuers is higher than the Relevant Threshold.

B) GENERAL INFORMATION

Copies of the revised Supplement and the key information documents of each Fund reflecting the Changes will be made available on the website of the Company (www.Xtrackers.com) on or around the Effective Date, and copies thereof may be obtained on request free of charge at the registered office of the Company or at the offices of foreign representatives, once available.

Shareholders who have any queries or to whom any of the above is not clear should seek advice from their stockbroker, bank manager, legal advisor, accountant or other independent financial advisor. Shareholders should also consult their own professional advisors as to the specific tax implications, if any, under the laws of the countries of their nationality, residence, domicile or incorporation.

Further information in relation to the Changes may be obtained from the legal entities mentioned under Contact information below, the offices of foreign representatives or by sending an email to Xtrackers@dws.com.

Neither the contents of the Company’s website nor the contents of any other website accessible from hyperlinks on the Company’s website is incorporated into, or forms part of, this announcement.

______________________

Director
for and on the behalf of Xtrackers (IE) plc

Contact Information
Xtrackers (IE) plc
78 Sir John Rogerson's Quay, Dublin 2, Ireland

DWS Investment S.A.
2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg

1 Further to the Circular to the Shareholders and Notice of Extraordinary General Meeting dated 7 January 2022, the name of the Fund will be changed to Xtrackers ESG USD Corporate Bond Short Duration UCITS ETF on 23 February 2022.

2 The Changes will be made to the new Reference Index of the Fund, Bloomberg MSCI USD Corporate Sustainable and SRI 0-5 Years Index (replacing the current Reference Index, Markit iBoxx USD Corporates 1-20 Yield Plus Index, on 23 February 2022).

Registered in Dublin as an open-ended variable capital umbrella investment company with limited liability and as an umbrella fund with segregated liability between sub-funds.
Registration Number 393802. Registered Office as above.
Directors: Tom Murray (Irish), Michael Whelan (Irish), Gerry Grimes (Irish), Alex McKenna (British), Philippe Ah-Sun (British) and Julien Boulliat (French).

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