Xtrackers by DWS Announces Product Update to its US Listed ETFs

Xtrackers by DWS, one of the world's largest and most established providers of exchange traded funds, announced plans to close its Xtrackers S&P 600 SmallCap ESG ETF, a U.S.-listed exchange traded fund (ETF) (the “Fund”) effective May 24, 2024, and to liquidate the Fund effective June 5, 2024. The Fund currently trades on the NYSE Arca exchange (the “Exchange”).

After the close of business on May 24, 2024, the Fund will no longer accept creation orders and the final day of trading will be May 24, 2024. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about June 5, 2024.

When the Fund commences liquidation of its portfolio securities, it may hold cash and securities that may not be consistent with its investment objective and strategy. During this period, the Fund is likely to incur a higher tracking error than is typical for the Fund. Furthermore, during the time between market open on May 28, 2024, and June 5, 2024, because shares will not be traded on the Exchange, DWS cannot assure investors that there will be a market for their shares.

Shareholders may sell their holdings of the Fund on the Exchange until the market close on May 24, 2024, and may incur typical transaction fees from their broker-dealer. If a shareholder still holds shares on June 5, 2024, the Fund will automatically redeem those shares for cash at the current net asset value as of the close of business on that date. Shareholders generally will recognize a capital gain or loss on the redemptions. The Fund may or may not pay one or more dividends or other distributions prior to or along with the redemption payments. Investors should consult with their personal tax advisor about the potential tax consequences.

Note to Editors: Xtrackers’ Global Business

Globally, Xtrackers by DWS is a large and established provider of high-quality exchange traded funds (ETFs) and exchange traded commodities (ETCs). Providing efficient “passive” exposure to diversified indices or to single commodities, Xtrackers ETFs and ETCs provide a comprehensive set of dependable investment tools for effective portfolio allocation.

Xtrackers are listed on seven stock exchanges globally and have approximately $273 billion in assets under management as of December 31, 2023, making Xtrackers one of the largest providers of ETFs and ETCs by AUM.

About DWS Group

DWS Group (DWS) with EUR 941bn of assets under management (as of 31 March 2024) aspires to be one of the world's leading asset managers. Building on more than 60 years of experience, it has a reputation for excellence in Germany, Europe, the Americas, and Asia. DWS is recognized by clients globally as a trusted source for integrated investment solutions, stability, and innovation across a full spectrum of investment disciplines.