Xtrackers (XRSG) Russell 2000 UCITS ETF 1C

The aim is for your investment to track the performance, before fees and expenses, of the Russell 2000® Index (index) which is designed to reflect the performance of the shares of certain companies included on the Russell 3000® Index. The Russell 3000® Index comprises the 3000 largest shares of US companies, based on the combined value of a company’s shares compared to other companies. The index comprises the 2000 smallest companies on the Russell 3000® Index. A company’s weighting in the index depends on its relative size based on the combined value of a company’s readily available shares as compared to other companies. The share must be listed on a major US stock exchange and must meet minimum trading price and activity criteria. Certain non US companies are permitted to be included. The composition of the index is reviewed at least annually. The index is calculated on a total return net basis which 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 a substantial number of the securities in the index. 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. Certain information (including the latest share prices of the fund, indicative net asset values, full disclosure on the composition of the fund's portfolio and information on the index constituents) are available on your local DWS website or at www.Xtrackers.com. Transaction costs and taxes, unexpected fund costs and market conditions such as volatility or liquidity issues may affect the ability of the fund to track the index. The anticipated level of tracking error in normal market conditions is 1 per cent. The currency of the fund is USD. Returns and gains are not distributed but are reinvested in the fund. You may request the redemption of shares generally on a daily basis.

• Leverage100
• Currency hedgingNo

• Value Assessment review date06 March 2015
• 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-