Investment Company with Variable Capital
Registered office: 49, avenue J.F. Kennedy, L-1855 Luxembourg,
R.C.S. Luxembourg B-119.899
Important Notice to Shareholders of the Company
10 January 2020
This letter is to inform you on behalf of the board of directors of the Company (the “Board of Directors”) about certain changes relating to the Direct Replication Funds of the Company, as outlined below.
DWS Investment GmbH acts as investment manager of the Company for Direct Replication Funds (the “Investment Manager”). As currently set out in the prospectus of the Company (the “Prospectus”), the Investment Manager may, in accordance with an agreed process, delegate all or part of its investment management responsibilities in respect of Direct Replication Funds to DWS Investments UK Limited.
With effect from on or about 12 February 2020, it is intended to extend the practical operation of the delegation to include DWS Investments Hong Kong Limited, such that the Investment Manager may, from time to time and in accordance with an agreed process, delegate certain of its sub-portfolio management functions in respect of Direct Replication Funds to DWS Investments UK Limited and/or DWS Investments Hong Kong Limited (each a “Sub-Portfolio Manager”, and together the “Sub-Portfolio Managers”).
For the avoidance of doubt, this change will not have an impact on the Investment Management Fees disclosed in the Prospectus.
In the event the Investment Manager determines to delegate all or part of its investment management responsibilities in respect of Direct Replication Funds to additional entities within the DWS Group in future, Shareholders shall be notified by way of website notification and the Prospectus will be updated accordingly.
Further information in relation to the change may be obtained by sending an email to Xtrackers@dws.com.
Copies of the revised Prospectus and, where relevant, the key investor information document of the Funds reflecting the changes will be made available on the website of the Company (www.Xtrackers.com), 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.
Capitalised terms not defined herein shall have the meaning given to them in the Prospectus unless the context otherwise requires.
If you have any queries or if any of the above is not clear you should seek advice from your stockbroker, bank manager, legal adviser, accountant or other independent financial advisor.
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.
The Board of Directors
49, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg
DWS Investment S.A.
2, boulevard Konrad-Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg