Xtrackers MSCI EMU ESG UCITS ETF 1C

(XZEZ)

The investment objective of the Fund is to track the performance before fees and expenses of the Underlying Asset, which is the MSCI EMU Low Carbon SRI Leaders Index (the “Reference Index”). The Reference Index is a subset of the MSCI EMU Index (the “Parent Index”), which is designed to reflect the performance of the shares of large and medium-capitalisation companies in developed market countries in the European Economic and Monetary Union. The constituents of the Reference Index have comparatively lower current and potential carbon exposure and comparatively higher environmental, social and governance (“ESG”) performance characteristics relative to their regional and sector peers in the Parent Index. Further information on the Reference Index is contained under "General Description of the Underlying Asset".