Xtrackers Physical Gold ETC/  GB00B5840F36  /

The ETC securities provide you with exposure to gold without requiring you to possess gold in the physical form. Each ETC security relates to a specific amount of gold, known as the metal entitlement per ETC security. The issuer (we) will hold a sufficient amount of gold to cover the metal entitlement for the ETC security. The ETC securities are non-interest bearing and are not principal protected and you may lose some or all of your investment. Subject to any amounts paid to you due to early redemption, no amounts are payable under the ETC security prior to the maturity date. On redemption, the ETC security will become payable at an amount equal to the higher of (i) 10 percent of the issue price of the ETC security and (ii) the weighted average prices at which the gold can be sold by the metal agent over a specified period prior to the redemption date multiplied by the metal entitlement on such redemption date.

The ETC securities provide you with exposure to gold without requiring you to possess gold in the physical form. Each ETC security relates to a specific amount of gold, known as the metal entitlement per ETC security. The issuer (we) will hold a sufficient amount of gold to cover the metal entitlement for the ETC security.