DWS Xtrackers II Eurozone Government Bond 3-5 ESG Tilted UCITS ETF

The aim is for your investment to reflect the performance of the iBoxx EUR Sovereigns ESG Tilted 3-5 Select Index (index). The Reference Index reflects the performance of tradable debt (bonds) denominated in Euro issued by the governments of Eurozone countries that have a remaining time to maturity of at least 3 years and up to 5 years, which meet certain minimum environmental, social and governance ("ESG") standards. The index is based on the iBoxx EUR Sovereigns ESG Tilted Index (Parent Index). The index excludes bonds that do not fulfil the following ESG criteria: (i) issuers with a Sustainalytics Country-Risk Category of “Severe”; (ii) issuers classified as “Not Free” based on Freedom House data; and (iii) countries that are present on the EU list of non-cooperative jurisdictions for tax purposes. Securities from the Parent Index which pass the exclusion criteria will constitute the eligible universe (Eligible Universe). Securities from the Eligible Universe are selected and weighted based on the following criteria: (i) countries with a lower CountryRisk Score are overweighted and countries with a higher Country-Risk Score are underweighted by “tilting” the market value weight for each security by its respective Country-Risk Score (Tilted Weights); and (ii) the Tilted Weights of countries ranking within the highest 20% of carbon emissions from all countries represented in the Parent Index are further tilted until the carbon intensity of the Reference Index is less than that of the iBoxx EUR Sovereigns 3-5 Index. The index is reviewed and rebalanced monthly. The index is calculated on a total return basis.