Xtrackers (XGSG) Global Government Bond UCITS ETF 2D - GBP Hedged

The aim is for your investment to reflect the performance of the FTSE World Government Bond Index – Developed Markets (Index)/ ||The Index aims to reflect the performance of a range of fixed-rate, local currency, investment-grade sovereign debt issued by governments from developed markets/ To be included in the Index, the debt must be i) issued by governments in developed countries; and ii) be deemed investment grade by major rating agencies/ Certain other selection criteria may also be considered such as minimum issue size, time to maturity and market size/ ||The Index is calculated on a total return basis, which means that amounts equivalent to interest payments are reinvested in the Index/ The Index is sponsored by FTSE Fixed Income LLC and reviewed and rebalanced monthly/ ||To achieve the aim, the Fund will attempt to replicate the Index 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 financial contracts (derivatives)/ The Fund may also engage in secured lending of its investments to certain eligible third parties to generate additional income to offset the costs of the Fund/ ||No dividends will be paid on your shares/ ||You may redeem your investment on demand on a daily basis

• Leverage100
• Currency hedgingNo

• Value Assessment review date24 August 2011
• 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-