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DWS Announces Closure of Two Xtrackers ETFs

DWS today announced the impending closure and liquidation of two Xtrackers ETFs: Xtrackers Eurozone Equity ETF (Cboe BZX: EURZ) and Xtrackers Japan JPX-Nikkei 400 Equity ETF (NYSE Arca: JPN).

Xtrackers Eurozone Equity ETF is listed on Cboe BZX Exchange, Inc. Xtrackers Japan JPX-Nikkei 400 Equity ETF is listed on NYSE Arca, Inc. After the close of business on March 7, 2022, the liquidating funds will no longer accept creation orders and the final day of trading on the exchanges will be March 7, 2022. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about March 16, 2022.

When the liquidating fund commences liquidation of its portfolio securities, the liquidating fund may hold cash and securities that may not be consistent with the liquidating fund’s investment objective and strategy. During this period, the liquidating fund is likely to incur higher tracking error than is typical for the liquidating fund. Furthermore, during the time between market open on March 8, 2022 and March 16, 2022, because shares will not be traded on the exchanges, DWS cannot assure investors that there will be a market for their shares.

Shareholders may sell their holdings of a liquidating fund on the relevant exchange until the market close on March 7, 2022, and may incur typical transaction fees from their broker-dealer. If a shareholder still holds shares on March 16, 2022, each liquidating 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 liquidating funds may or may not, depending upon each liquidating fund’s circumstances, pay one or more dividends or other distributions prior to or along with the redemption payments. Investors should consult their personal tax advisor about the potential tax consequences.

About DWS Group

DWS Group (DWS) is one of the world's leading asset managers with USD 1.05 trillion of assets under management (as of 31 December 2021). 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.

We offer individuals and institutions access to our strong investment capabilities across all major asset classes and solutions aligned to growth trends. Our diverse expertise in Active, Passive and Alternatives asset management – as well as our deep environmental, social and governance focus – complement each other when creating targeted solutions for our clients. Our expertise and on-the-ground-knowledge of our economists, research analysts and investment professionals are brought together in one consistent global CIO View, which guides our investment approach strategically.

DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices all over the world, we are local while being one global team. We are investors – entrusted to build the best foundation for our clients’ future.

IMPORTANT INFORMATION

ETF shares are not individually redeemable, and owners of shares may acquire those shares from the Fund, or tender such shares for the redemption to the Fund, in Creation Units only.

Consider each fund’s investment objectives, risk factors, and charges and expenses before investing. This and other important information can be found in each fund’s prospectus, which may be obtained by calling 1-855-DBX-ETFS (1-855-329-3837) or by viewing or downloading a prospectus at www.Xtrackers.com. Please read it carefully before investing.

Xtrackers ETFs are managed by DBX Advisors LLC (the Advisor), and distributed by ALPS Distributors, Inc. (ALPS). The Advisor is a wholly owned subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS.Investing involves risk, including possible loss of principal. Stocks may decline in value. Bond investments are subject to interest‐rate, credit, liquidity and market risks to varying degrees. When interest rates rise, bond prices generally fall. Foreign investing involves greater and different risks than investing in US companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of comprehensive company information, political instability and differing auditing and legal standards. Emerging markets tend to be more volatile and less liquid than the markets of more mature economies, and generally have less diverse and less mature economic structures and less stable political systems than those of developed countries. Funds investing in a single industry, country or in a limited geographic region generally are more volatile than more diversified funds. Performance of a fund may diverge from that of an underlying index due to operating expenses, transaction costs, cash flows, use of sampling strategies or operational inefficiencies. There are additional risks associated with investing in high‐yield bonds, aggressive growth stocks, non‐diversified/concentrated funds and small‐ and mid‐cap stocks which are more fully explained in the prospectuses, as applicable. An investment in any fund should be considered only as a supplement to a complete investment program for those investors willing to accept the risks associated with that fund. Please read the applicable prospectus for more information.

Past performance is no guarantee of future results.

This press release shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction.

Certain statements contained in this release may be forward-looking in nature. These include all statements relating to plans, expectations, and other statements that are not historical facts and typically use words like “expect,” “anticipate,” “believe,” “intend,” and similar expressions. Such statements represent management’s current beliefs, based upon information available at the time the statements are made, with regard to the matters addressed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Management does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. The following factors, among others, could cause actual results to differ materially from forward-looking statements: (i) the effects of adverse changes in market and economic conditions; (ii) legal and regulatory developments; and (iii) other additional risks and uncertainties, including public health crises (including the recent pandemic spread of the novel coronavirus), war, terrorism, trade disputes and related geopolitical events.

NOT FDIC/ NCUA INSURED • MAY LOSE VALUE • NO BANK GUARANTEE

NOT A DEPOSIT • NOT INSURED BY ANY FEDERAL GOVERNMENT AGENCY

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas, Inc. and RREEF America L.L.C. which offer advisory services.

R- 088220 (2/22) DBX005117 (2/23)

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