Xtrackers (XMAW) MSCI AC World UCITS ETF 1C

The aim is for your investment to track the performance, before fees and expenses, of the MSCI ACWI EUR Index (Index)/ The Index consists of shares of large and medium sized capitalisation stocks across developed markets and emerging market countries/ In order for securities to be eligible, they must also meet objective screening criteria such as liquidity requirements and free float market capitalisation requirements/ ||The Index is calculated in Euro, and is reviewed and rebalanced on a quarterly basis and may also be rebalanced at other times in order to reflect corporate activity such as mergers and acquisitions/ ||The Index is calculated on a total return net basis/ This means that all dividends and distributions by the companies are reinvested in the shares after tax/ ||To achieve the aim, the Fund will attempt to replicate the Index, before fees and expenses, by buying all (or, on an exceptional basis, a substantial number of) the shares in the Index in the same proportion as the Index 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 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 date10 February 2014
• 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-