Xtrackers (IE) plc Important Notice to Shareholders
March 14 2018 - 5:00AM
UK Regulatory
Xtrackers (IE) plc1
Investment Company with Variable Capital
Registered Office: 78 Sir John Rogerson's Quay, Dublin 2,
Ireland
Registered Number: 393802
(the " Company ")
Important Notice to Shareholders of
Xtrackers S&P 500 Equal Weight UCITS ETF
Xtrackers MSCI World Momentum UCITS ETF
Xtrackers MSCI World Quality UCITS ETF
Xtrackers USD Corporate Bond UCITS ETF2
(the Funds )
14 March 2018
Reference is made to the notice to shareholders dated 28
February 2018, wherein shareholders were informed of a misstatement
in how the Company presented share class performance data for the
2016 performance year in the Key Investor Information Documents (
KIIDs ) for each sub-fund of the Company (the 2016 Share Class
Performance Data Misstatement ).
Further to the 2016 Share Class Performance Data Misstatement
coming to our attention, we decided it would be prudent to conduct
a further review of past performance data and have discovered some
additional misstatements which impact the Funds for performance
year 2015. Details of these additional misstatements are set out in
the Appendix to this notice.
The Appendix also contains details of misstatements in 2016
index performance data in relation to Xtrackers USD Corporate Bond
UCITS ETF. In addition to the 2016 Share Class Performance Data
Misstatement (where 'gross' share class performance figures were
used in place of 'net' share class performance figures), there were
inconsistencies in the date range used to calculate both share
class performance and index performance for the 2016 performance
year. Both share class performance and index performance were
calculated based on the period 31 December 2015 to 29 December 2016
rather than 31 December 2015 to 30 December 2016. For consistency,
the share class performance and index performance should have been
taken up to the last official business day, which was 30 December
2016.
The nature of these misstatements is such that they had no
impact on the calculation and publication of the net asset value of
the Funds.
We have now corrected the Funds' KIIDs which are available at
www.Xtrackers.com .
Please be assured that upon identification of these errors and
the 2016 Share Class Performance Data Misstatement, the Company
immediately implemented robust measures and enhanced controls to
substantially mitigate any risk of reoccurrence.
Capitalised terms used in this letter shall have the meaning
ascribed to them in the current Prospectus of the Company unless
the context otherwise requires.
Further information in relation to the above may also be
obtained from the legal entities mentioned under 'Contact
information' below or by sending an email to Xtrackers@db.com .
We thank you for your continuing support of the Company.
Yours sincerely
______________________
Director
for and on behalf of
Xtrackers (IE) plc
Contact Information
Xtrackers (IE) plc
78 Sir John Rogerson's Quay
Dublin
1 Please note that the Company was named Concept Fund Solutions
plc until 16 February 2018.
2 Please note that the Funds were renamed on 16 February 2018 as
per the table below:
New Fund Name Old Fund Name
Xtrackers S&P 500 Equal db x-trackers S&P 500 Equal
Weight UCITS ETF Weight UCITS ETF (DR)
Xtrackers MSCI World db x-trackers MSCI World Momentum
Momentum UCITS ETF Factor UCITS ETF (DR)
Xtrackers MSCI World db x-trackers MSCI World Quality
Quality UCITS ETF Factor UCITS ETF (DR)
Xtrackers USD Corporate db x-trackers US Corporate
Bond UCITS ETF Bond UCITS ETF (DR)
Appendix
There was a misstatement in how the Company presented index past
performance for either the 2016 performance year or the 2015
performance year in the KIIDs of the Funds as detailed in the table
below:
Fund Share Class ISIN Impacted Misstated Actual Index
Performance Index Performance
Year Performance
Xtrackers 1C IE00BLNMYC90 2015 -5.3% -2.8%
S&P
500
Equal
Weight
UCITS
ETF
Xtrackers 1C IE00BL25JP72 2015 5.1% 1.0%
MSCI
World
Momentum
UCITS
ETF
3
Xtrackers 1C IE00BL25JL35 2015 2.9% -1.6%
MSCI
World
Quality
UCITS
ETF 4
Xtrackers 1D IE00BZ036H21 2016 6.6% 7.0%
USD
Corporate
Bond
UCITS
ETF
3 The reference index of this Fund for the 2015 performance year
was the DB Equity Momentum Factor Index. This Fund now tracks the
MSCI World Momentum (USD) Index.
4 The reference index of this Fund for the 2015 performance year
was the DB Equity Quality Factor Index. This Fund now tracks the
MSCI World Sector Neutral Quality (USD) Index.
View source version on
businesswire.com:http://www.businesswire.com/news/home/20180314005027/en/
This information is provided by Business Wire
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