Xtrackers (XBGG) ESG Global Aggregate Bond UCITS ETF 3D GBP Hedged

The aim is for your investment to reflect the performance of the Bloomberg Barclays Global Aggregate Bond GBP Hedged Index (Index)/ The Index is linked to the Barclays Global Aggregate Bond Index (Underlying Index), which is intended to reflect the global market in investment grade fixed-rate tradeable debt (bonds) market, meaning those bonds issued by issuers considered less likely to default/ ||The Underlying Index contains all the bonds from the following three indices: the U/S/ Aggregate Index, the Pan-European Aggregate Index and the Asian-Pacific Aggregate Index (Regional Aggregate Indices)/ In addition, bonds eligible for inclusion in the Global Treasury Index, the Eurodollar Index, the Euro-Yen Index, the Canadian Index, and the Investment Grade 144A Index, which are not already included in the Regional Aggregate Indices, shall also be eligible for inclusion in the Underlying Index/ The Index uses foreign exchange transactions to reduce the effects of exchange rate fluctuations between the currencies in which the bonds underlying the Underlying Index are denominated and the pound sterling, in which currency the Index is denominated (currency hedging)/ ||The Underlying Index is rebalanced on a monthly basis, at each month-end/ On each rebalancing date, the following specific rules will be applied to the eligible bonds in order to determine those bonds which shall be included in the Underlying Index: (i) amount outstanding/minimum issue size, (ii) quality, (iii) maturity, (iv) seniority/order of repayment of the debt, (v) taxability, (vi) coupon payments, (vii) eligible local currencies, (viii) market of issue and (ix) bond type/ ||The Index is calculated daily on a total return basis which means that amounts equivalent to interest payments on the bonds are reinvested in the Underlying Index/ ||To achieve the aim, the Fund will invest in transferable securities and enter into financial contracts (derivatives) with one or more swap counterparties relating to the transferable securities and the Index, in order to obtain the return on the Index/ || Dividends may be paid on your shares up to four times per annum/ ||You may redeem your shares on demand on a daily basis/

• Leverage100
• Currency hedgingNo

• Value Assessment review date19 April 2016
• Value Assessment next review date -
• Is Assessment of Value required under COLL?No
• Outcome of COLL Assessment of Value -
• Outcome of PRIN Value Assessment or review -
• Other review related to value and or chargesFund costs have been reviewed and are in line with ESMA's briefing on supervision of costs in UCITS and AIFs or relevant NCA supervisory activity
• Further information-