Deutsche Asset Management Lowers Expense Ratio and Changes Underlying Index for High Dividend Yield Equity ETF Suite

NEW YORK--()--Deutsche Asset Management1 (Deutsche AM) announced that, effective February 13, 2018, it has reduced the net expense ratios for two high dividend yield equity Xtrackers exchange-traded funds (ETFs):

                         
ETF      

Ticker
(NYSE Arca)

      New Gross & Net

Expense Ratio

      Old Gross & Net

Expense Ratio

Xtrackers MSCI All World ex-US High Dividend Yield Equity ETF       HDAW       0.20%       0.45%
Xtrackers MSCI EAFE High Dividend Yield Equity ETF       HDEF       0.20%       0.45%
                 

In addition to the fee reduction, HDAW and HDEF will begin to track the unhedged version of their respective indices. HDAW seeks to track the performance, before fees and expenses, of the MSCI ACWI ex USA High Dividend Yield Index. HDEF seeks to track the performance, before fees and expenses, of the MSCI EAFE High Dividend Yield Index.

Driven by historically low bond yields, some investors are looking for alternatives to income-oriented investments. With interest rates globally currently at low levels, equities paying higher dividend rates could be an attractive option to meet ongoing income requirements within portfolios,” said Fiona Bassett, Global Co-Head of Passive Asset Management. “Relatively high equity market dividends, especially in today’s low rate environment, suggest our suite of dividend-focused ETFs can act as cost-effective supplements or alternatives to income strategies.”

For more information about the Deutsche AM ETFs available in the US, visit: www.Xtrackers.com.

Deutsche Asset Management

With USD 842.4 billion of assets under management (as of December 31, 2017), Deutsche AM is one of the world’s leading investment management organizations. Deutsche AM offers individuals and institutions traditional and alternative investments across all major asset classes.

ETF shares are not individually redeemable, and owners of shares may acquire those shares from the Fund, or tender such shares for the redemption to the Fund, in Creation Units only.

Consider each Fund’s investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in the Fund’s prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at www.Xtrackers.com. Please read it carefully before investing.

DBX Advisors LLC (DBX) is the investment adviser to the Xtrackers ETFs, which are distributed by ALPS Distributors, Inc. (ALPS). DBX is an indirect, wholly-owned subsidiary of Deutsche Bank AG, neither of which is affiliated with ALPS.

HDAW RISKS: Investing involves risk, including possible loss of principal. Stocks may decline in value. Foreign investing involves greater and different risks than investing in US companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. Emerging markets tend to be more volatile and less liquid than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Dividends are not guaranteed. If the dividend-paying stocks held by a fund reduce or stop paying dividends, a fund’s ability to generate income may be adversely affected. This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. Performance of a fund may diverge from that of an Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the prospectus for more information.

HDEF RISKS: Investing involves risk, including possible loss of principal. Stocks may decline in value. Foreign investing involves greater and different risks than investing in US companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Dividends are not guaranteed. If the dividend-paying stocks held by a fund reduce or stop paying dividends, a fund’s ability to generate income may be adversely affected. This fund is non-diversified and can take larger positions in fewer issues, increasing its potential risk. Performance of a fund may diverge from that of an Underlying Index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the prospectus for more information.

Nothing contained herein is fiduciary or impartial investment advice that is individualized or directed to any plan, plan participant, or IRA owner regarding the advisability of any investment transaction, including any IRA distribution or rollover.

MSCI and MSCI Indexes are service marks of MSCI Inc. and have been licensed for use by DBX. The ETFs are not sponsored, endorsed, issued, sold or promoted by MSCI Inc. nor does this company make any representations regarding the advisability of investing in the ETFs.

No bank guarantee | Not FDIC insured | May lose value

Definitions

The MSCI ACWI ex USA High Dividend Yield Index is based on MSCI ACWI ex USA, its parent index, and includes large and mid cap stocks across 46 Developed Markets (DM) and Emerging Markets (EM) countries*. The index is designed to reflect the performance of equities in the parent index (excluding REITs) with higher dividend income and quality characteristics than average dividend yields that are both sustainable and persistent. The index also applies quality screens and reviews 12-month past performance to omit stocks with potentially deteriorating fundamentals that could force them to cut or reduce dividends.

The MSCI EAFE High Dividend Yield Index is based on MSCI EAFE, its parent index, and includes large and mid cap representation across Developed Markets countries around the world, excluding the US and Canada. The index is designed to reflect the performance of equities in the parent index (excluding REITs) with higher dividend income and quality characteristics than average dividend yields that are both sustainable and persistent. The index also applies quality screens and reviews 12-month past performance to omit stocks with potentially deteriorating fundamentals that could force them to cut or reduce dividends.

© 2018 Deutsche Asset Management. All rights reserved. DBX003263 02.15.2019 055094_1.0_

1   Deutsche Asset Management is the brand name of the Asset Management division of the Deutsche Bank Group. The respective legal entities offering products or services under the Deutsche Asset Management brand are specified in the respective contracts, sales materials and other product information documents.

Contacts

Deutsche Asset Management
Press & Media Relations
Oksana Poltavets, +1 212-250-0072
oksana.poltavets@db.com

Contacts

Deutsche Asset Management
Press & Media Relations
Oksana Poltavets, +1 212-250-0072
oksana.poltavets@db.com