LONDON--(BUSINESS WIRE)--
db x-trackers
Investment company with variable capital
Registered office: 49, avenue J.F. Kennedy, L-1855 Luxembourg
R.C.S. Luxembourg B-119.899
(the “Company”)
IMPORTANT NOTICE TO SHAREHOLDERS OF DB X-TRACKERS CURRENCY RETURNS UCITS ETF (the "Sub-Fund")
6 December 2013
Dear Shareholder,
The current aim of the Sub-Fund is to provide the shareholders with a return linked to the index which is the relevant "Deutsche Bank Currency Returns" index as indicated as the Underlying Asset for the relevant Share Class in the Product Annex.
The board of directors of the Company hereby informs you as a shareholder of the Sub-Fund that it has resolved to amend the Investment Policy of the Sub-Fund as follows: the OTC Swap Transactions will now be linked to a notional portfolio of FX forward transactions which at all times match in composition and weighting the constituents of the relevant Underlying Asset, instead of index OTC Swap Transactions in relation to the relevant Underlying Asset. Hence, the performance and risk profile of every Share Class of the Sub-Fund will not be altered and the restructuring will have no impact on fees and expenses that are borne by the Sub-Fund and its Shareholders.
The changes to the Investment Policy of the Sub-Fund will be effective on 6 January 2014.
The amendment to the Investment Policy of the Sub-Fund is set out more fully in the revised prospectus of the Company (the “Prospectus”). Revised copies of the Prospectus and the key investor information document of the Sub-Fund, reflecting the above change will be available on the website of the Company (http://www.etf.db.com), and may be obtained free of charge at the Company’s registered office or at the foreign representatives’ offices, once available.
Shareholders who subscribe for or redeem shares in the Sub-Fund on the primary market and who do not agree with the above changes are entitled to redeem their shares in the Sub-Fund in accordance with the Prospectus. Such redemption shall be free of any Redemption Charge until 5 January 2014. Please note that the Company does not charge any redemption fee for the sale of shares in the secondary market. Orders to sell shares through a stock exchange can be placed via an authorised intermediary or stockbroker. Shareholders should note that orders in the secondary market may incur costs over which the Company has no control and to which the above exemption on Redemption Charges does not apply.
Capitalised terms not defined herein shall have the meaning given to them in the Prospectus.
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.
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Yours Sincerely,
db x-trackers
The board of directors
Contact information
db x-trackers
49, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg
DB Platinum Advisors
2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg