Xtrackers Portfolio Income UCITS ETF 1D/  IE00B3Y8D011  /

The fund is actively managed. The fund is not managed in reference to a benchmark. The objective of the investment policy is to achieve a positive mid- to long-term investment performance through exposure to a balanced and diversified portfolio comprised primarily of exchange-traded funds (ETFs) linked to equities, fixed income and/or commodities and issued by Xtrackers, Xtrackers II and Xtrackers (IE) plc, the fund may also invest from time to time directly in transferable securities, money market instruments or other collective investment schemes (Invested Assets). The composition of the Invested Assets will be based on the primary aim of creating a total return strategy which seeks to benefit from capital appreciation and income generated by the exposures of the Invested Assets, while limiting volatility. In seeking to achieve the objective, the investment manager, DWS Investments GmbH, will provide the composition of the Invested Assets to the sub-portfolio manager, DWS Investments UK Limited, on a scheduled quarterly basis (each a quarterly asset selection date) and at such other times as the investment manager may in its discretion determine, based on which the sub-portfolio manager will perform the day-to-day management of the portfolio. Such proposed composition is subject to the following weighting restrictions, as at each quarterly asset selection date: (i) the weighting of the ETFs that have equities as an asset class can be between 15% and 30%, (ii) the weighting of the ETFs that have fixed income as an asset class can be between 60% and 85%, and (iii) the weighting of the ETFs that have commodities as an asset class can be up to 10%. 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.

The fund is actively managed. The fund is not managed in reference to a benchmark. The objective of the investment policy is to achieve a positive mid- to long-term investment performance through exposure to a balanced and diversified portfolio comprised primarily of exchange-traded funds (ETFs) linked to equities, fixed income and/or commodities and issued by Xtrackers, Xtrackers II and Xtrackers (IE) plc, the fund may also invest from time to time directly in transferable securities, money market instruments or other collective investment schemes (Invested Assets). The composition of the Invested Assets will be based on the primary aim of creating a total return strategy which seeks to benefit from capital appreciation and income generated by the exposures of the Invested Assets, while limiting volatility.