db x-trackers: Important Notice to Shareholders

The Board of Directors informed the shareholders of the Sub-Funds that it has resolved to change the investment manager of the Sub-Funds as described below with effect as from the date set out below: ..

Sign up for our weekly Newsletter and receive the latest ETF and ETC news. Click here to register for your free cop

Currently, State Street Global Advisors Limited acts as investment manager of the Sub-Funds. SSGA shall be replaced by Deutsche Asset Management (UK) Limited in order to act as the new investment manager of the Sub-Funds.

DeAM (UK) was incorporated in the United Kingdom on 16 September 2004 and is regulated by the Financial Conduct Authority (FCA).

Furthermore, DeAM (UK) will appoint Deutsche International Corporate Services (Ireland) Limited (“DICSIL”) to provide certain operational support services in respect to the Sub-Funds. For the avoidance of any doubt, DICSIL will not carry out any portfolio management functions and will be remunerated by DeAM (UK). DICSIL was incorporated under the laws of Ireland on 19 September 1989 and is a wholly owned subsidiary of Deutsche Bank AG. The principal activity of DICSIL is to manage and/or administer collective investment schemes and special purpose vehicles. DICSIL is authorised and regulated by the Central Bank of Ireland.

The above described changes have been decided in order to optimise and rationalise the portfolio management set-up of the Sub-Funds.

There will be no increase in the fees levied on the Sub-Funds as a result of this replacement. In addition, no costs or expenses relating to the above mentioned change and its implementation will be borne by Shareholders.

The Investment Objective and Policy of the Sub-Funds will remain unchanged and the investment style and investment philosophy will remain the same.

Shareholders who subscribe or redeem shares in the Sub-Funds on the primary market and who do not agree with the above change are entitled to redeem their shares in the Sub-Funds in accordance with the prospectus of the Company. Such redemption shall be free of any Redemption Charge until one day prior to the relevant Effective Date. Please note that the Company does not charge any redemption fee for the sale of shares in the secondary market. Orders to sell shares through a stock exchange can be placed via an authorized intermediary or stockbroker. However, shareholders should note that orders in the secondary market may incur costs over which the Company has no control and to which the above exemption of Redemption Charge does not apply.

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)