DWS Xtrackers II EUR Corporate Bond SRI PAB UCITS ETF

The aim is for your investment to reflect the performance of the Bloomberg MSCI Euro Corporate SRI PAB Index (index).The index aims to reflect the performance of certain types of tradable debt (bonds) issued by companies which are denominated in Euro. The index aims to comply with the minimum standards of the EU Paris-aligned Benchmark (EU PAB) Regulation by setting an initial 50% decarbonization of absolute greenhouse gas (“GHG”) emissions relative to the standard Bloomberg Euro Corporate Index, followed by an annual 7% decarbonization trajectory of absolute GHG emissions. In addition, the index will exclude those bonds issued by companies which fail to meet certain environmental, social and governance criteria. The index is administered by Bloomberg Index Services Limited (index administrator). The index is calculated on a total return basis which means that amounts equivalent to interest payments are reinvested in the index. The composition of bonds on the index is rebalanced monthly. On each rebalancing date, specific rules are applied to determine which bonds are eligible for inclusion, which include a bond minimum time to maturity and amount outstanding and minimum ‘investment grade’ bond ratings from major ratings agencies.To achieve the aim, the fund will attempt to replicate the index, before fees and expenses, by buying a portfolio of securities that may comprise the constituents of the index or other unrelated investments as determined by DWS entities. 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 derivatives.