Xtrackers II (XEON) EUR Overnight Rate Swap UCITS ETF 1C

The aim is for your investment to reflect the performance of the DEUTSCHE BANK EONIA TOTAL RETURN INDEX{{®}} (Index)/ ||The Index reflects the performance of a deposit earning interest at the rate of the Euro Over Night Index Average (EONIA), with the interest being re-invested in the deposit daily/ EONIA is a weighted average of the interest rates at which banks in the Eurozone lend to each other on an unsecured basis overnight (as calculated by the European Central Bank)/ ||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 date25 May 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-