14th Mar 2018 09:00
Xtrackers (IE) plc 1
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 ETF 2
(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 [email protected] .
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 Weight UCITS ETF | db x-trackers S&P 500 Equal Weight UCITS ETF (DR) | ||
| Xtrackers MSCI World Momentum UCITS ETF | db x-trackers MSCI World Momentum Factor UCITS ETF (DR) | ||
| Xtrackers MSCI World Quality UCITS ETF | db x-trackers MSCI World Quality Factor UCITS ETF (DR) | ||
| Xtrackers USD Corporate Bond UCITS ETF | db x-trackers US Corporate 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 Performance Year | Misstated Index Performance | Actual Index Performance | ||||||
| Xtrackers S&P 500 Equal Weight UCITS ETF | 1C | IE00BLNMYC90 | 2015 | -5.3% | -2.8% | ||||||
| Xtrackers MSCI World Momentum UCITS ETF 3 | 1C | IE00BL25JP72 | 2015 | 5.1% | 1.0% | ||||||
| Xtrackers MSCI World Quality UCITS ETF 4 | 1C | IE00BL25JL35 | 2015 | 2.9% | -1.6% | ||||||
| Xtrackers USD Corporate Bond UCITS ETF | 1D | IE00BZ036H21 | 2016 | 6.6% | 7.0% |
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/
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