Xtrackers (XSTR) GBP Overnight Rate Swap UCITS ETF 1D

The aim is for your investment to reflect the performance of the SONIA TOTAL RETURN INDEX{{®}} (Index)/ ||The Index reflects the performance of a notional deposit earning interest at the rate of the Sterling Overnight Index Average (SONIA) with the interest being reinvested in the deposit daily/ SONIA is the weighted average interest rate at which banks in Great Britain lend to each other on an overnight basis as calculated by the Bank of England/ The Index is calculated using a specific formula and published by Deutsche Bank on a daily basis on all calendar days/ ||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 investment on demand on a daily basis/

• Leverage100
• Currency hedgingNo

• Value Assessment review date10 October 2007
• 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-