Xtrackers MSCI World UCITS ETF 1C (XWLD)

The investment objective of the Fund is to track the performance before fees and expenses of the Underlying Asset, which is the MSCI Total Return Net World Index (the “Reference Index”). The Reference Index is designed to reflect the performance of the shares of certain companies in various developed countries. The companies making up the Reference Index are large and medium sized companies based on the combined value of a company’s readily available shares as compared to other companies. The Fund will aim to replicate or track, before fees and expenses, the performance of the Reference Index by holding a portfolio of equity securities that comprises all or a representation of the securities comprised in the Reference Index or unrelated transferable securities or other eligible assets (the “Underlying Securities”).