Key Investor Information for Investors in the United Kingdom

This document provides you with key investor information about this fund. It is not marketing material. The

information is required by law to help you understand the nature and the risks of investing in this fund. You

are advised to read it so you can make an informed decision about whether to invest.

Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF Share class: 1C, ISIN: LU2178481649, Security code: A2P4XG, Currency: EUR a sub-fund of Xtrackers II. The management company is DWS Investment S.A., a member of the DWS Group. Objectives and investment policy The fund is passively managed. INVESTMENT OBJECTIVE: The

Index Services Limited (index administrator). The index is aim is for your investment to reflect the performance of the

calculated on a total return basis which means that the payments Bloomberg MSCI Euro Corporate SRI 0-5 Year PAB Index (index). from coupons are reinvested in the index. INVESTMENT POLICY: DESCRIPTION OF INDEX: The index aims to reflect the

To achieve the aim, the fund will attempt to replicate the index, performance of certain types of tradable debt (bonds) issued by

before fees and expenses, by buying a portfolio of securities that companies which are denominated in Euro, with a remaining time to may comprise the constituents of the index or other unrelated maturity of at least 1 month and up to (but not including) 5 years.

investments as determined by DWS entities. The fund may employ The index aims to comply with the minimum standards of the EU techniques and instruments in order to manage risk, reduce costs Paris-aligned Benchmark (EU PAB) Regulation by setting an initial and improve results. These techniques and instruments may 50% decarbonization of absolute greenhouse gas (GHG) emissionsinclude the use of derivatives. FURTHER INFORMATION: Certain relative to the standard Bloomberg Euro Corporate 0-5 Years Index,information (including the latest share prices of the fund, indicative followed by an annual 7% decarbonization trajectory of absolute

net asset values, full disclosure on the composition of the fund's GHG emissions. In addition, the index excludes those bonds issued portfolio and information on the index constituents) are available on by companies which fail to meet certain environmental, social and your local DWS website or at www.Xtrackers.com. Transaction governance (ESG) criteria. The composition of the index iscosts and taxes, unexpected fund costs and market conditions rebalanced monthly. On each rebalancing date, specific rules are

such as volatility or liquidity issues may affect the ability of the fund applied to determine which bonds are eligible for inclusion, whichto track the index. The anticipated level of tracking error in normal include; minimum and maximum time to maturity, amount market conditions is 1 per cent. The currency of the fund is EUR. outstanding, and a minimum ‘investment grade’ credit rating from

Returns and gains are not distributed but are reinvested in the fund. major ratings agencies. INDEX REBALANCING, CALCULATIONYou may request the redemption of shares generally on a daily AND ADMINISTRATION: The index is administered by Bloombergbasis. Risk and reward profile

Lower risk Higher risk

means that ordinary trading activity may occasionally be disrupted

or impossible. SUSTAINABILITY RISK: The ESG screening and

Potentially lower reward Potentially higher reward

decarbonization criteria are both embedded within the index 1 2 3

456

7selection process, which seeks to exclude bonds issued by

companies involved in certain activities. The investment manager The calculation of the risk and reward profile is based on simulated

and sub-portfolio manager are not responsible for monitoring the data that cannot be used as a reliable indicator for the future risk

screening process or confirming that all bonds which pass the profile. This risk indicator is subject to changes; the classification of screening process are issued by companies with adequate ESG the fund may change over time and cannot be guaranteed. Even aand EU PAB standards. Xtrackers II is relying on the activities fund that is classified in the lowest category (category 1) does not

conducted by and information provided by the index administrator represent a completely risk-free investment. The fund is classified

and MSCI ESG Research LLC for the ESG screening and EU PAB in category 3 because its share price fluctuates comparatively little compliance criteria. ESG information from third-party data and the likelihood of both losses and gains is therefore relatively

providers may be incomplete, inaccurate, or unavailable. As a low. The following risks could be of particular significance for the

result, there is a risk that the index administrator may incorrectly fund: The fund will attempt to replicate the performance of the

assess a security or issuer, resulting in the incorrect inclusion or index less costs, but your investment is not expected to match theexclusion of a security in the index. Whilst the index seeks to performanceofthe index precisely.

EXCEPTIONALensure alignment with all EU PAB requirements at each rebalance CIRCUMSTANCES RISK: Exceptional circumstances may arise,

date, between these rebalances limits may be breached and such as, but not limited to, disruptive market conditions, additional relevant targets may not be reached. DERIVATIVES RISK: The costs/taxes or extremely volatile markets, which may cause thefund may use derivatives to try to manage its investments more fund's performance to be substantially different from the efficiently. This may not always be successful and may result in performance of the index. CONFLICTS OF INTEREST RISK: DWS greater fluctuations in the value of the fund. This may negatively entities and related companies may act in several roles in relation

affect the value of the fund and your investment. CREDIT RISK & to the fund such as distributor and management company which

INTEREST RATE RISK: The fund may invest in bonds which are may involve conflicts of interest. NO GUARANTEE RISK: The fundexposed to credit risk and interest rate risk. Credit risk means that is not guaranteed and your investment is at risk. The value of your

there is a risk that the bond issuer may be unable to pay interest or investment may go down as well as up. CURRENCY RISK:

repay the bond principal, resulting in your investment suffering a Fluctuations in interest rates of the currency of the shares, the loss. Interest rate risk means that if interest rates rise, typically the index or the other assets of the fund may affect the value of yourvalue of the bond will fall, which could also affect the value of your investment. BONDS RISK: The index provides a notional exposureinvestment. to the value and/or return of certain bonds which may fall. Markets

A more detailed description of risks and other general information in these asset classes may at times become volatile or illiquid. This can be found in the risk section(s) of the prospectus.

Charges The charges you pay are used to pay the costs of running the fund, including the costs of marketing and distributing it. These charges reduce the potential growth of your investment.

One-off charges taken before or after you investSecondary market investors (those who buy or sell shares

Entry charge

None

on a stock exchange) may be charged certain fees by their

Exit charge

None

stock broker. These charges, if any, can be obtained from

This is the maximum that might be taken out of your money before it is

such stock broker. Authorised participants dealing directly

invested (entry charge) and before the proceeds of your investment are paid with the fund will pay the transaction costs related to their

out (exit charge).

subscriptions and redemptions.

Charges taken from the fund over a year The ongoing charges figure is based on expenses for the

Ongoing charges

0.16 %fiscal year ending 31.12.2024. It may vary from year to

Charges taken from the fund under certain specific conditions

year. It excludes portfolio transaction costs and

Performance fee

None

performance fees, if any.

Additional information on costs can be found in the cost

section(s) of the prospectus. Past performance aaa

Past performance is not a reliable

indicator of future performance. All costs

and fees that were withdrawn from the 1C

share class of Xtrackers II EUR

Corporate Bond Short Duration SRI PAB

UCITS ETF were deducted during the

calculation. The 1C share class of

Xtrackers II EUR Corporate Bond Short

Duration SRI PAB UCITS ETF was

launched in 2020. ─── As of 31 October 2022, the index was amended to comply with minimum standards of EU PAB, and as a result changed its name from Bloomberg MSCI Euro Corporate Sustainable and SRI 0-5 Year Index to Bloomberg MSCI Euro Corporate SRI 0-5 Year PAB Index.

Practical information The depositary is State Street Bank International GmbH,

and where appropriate take advice on such taxation regimes. Luxembourg Branch. Copies of the prospectus and the periodic

Xtrackers II may be held liable solely on the basis of any statement reports are available free of charge in the language of this

contained in this document that is misleading, inaccurate or document. The documents as well as other information (including

inconsistent with the relevant parts of the sales prospectus. This the latest share prices as well as the indicative net asset values)

fund is a sub-fund of Xtrackers II for which the sales prospectus are available free of charge. The documents are available on your and the periodic reports are prepared as a whole. The assets and local DWS website or at www.Xtrackers.com, for full disclosure on liabilities of each sub-fund are segregated by law. As a result, the composition of the fund's portfolio and information on the index

assets of one sub-fund are not available in the event of claims constituents please refer to this website as well. Information on the against or insolvency of another. More share classes may be current remuneration policy of the management company,available for this fund - please refer to the relevant section of the including a description of how remuneration and benefits are

sales prospectus for further details. You are not permitted to calculated

is published

on

the

Internet atexchange your shares in this fund for other funds of Xtrackers II. https://www.dws.com/footer/Legal-Resources/dws-remuneration-

This fund is authorised in Luxembourg and is regulated by the policy?setLanguage=en. The information will be sent to you in Commission de Surveillance du Secteur Financier. DWS paper form free of charge upon request. Taxation regimes

Investment S.A. is authorised in Luxembourg and is regulated by applicable to the fund in your jurisdiction may affect your personal

the Commission de Surveillance du Secteur Financier. tax situation. Prospective investors should inform themselves of,

This key investor information is accurate as at 12.02.2025.

“Bloomberg®” and Bloomberg MSCI Euro Corporate SRI 0-5 Year PAB Index are service marks of Bloomberg Finance L.P. and its affiliates, including Bloomberg Index Services Limited (“BISL”), the administrator of the index (collectively, “Bloomberg”) and have been licensed for use for certain purposes by Xtrackers II. Bloomberg is not affiliated with Xtrackers II, and Bloomberg does not approve, endorse, review, or recommend Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF. Bloomberg does not guarantee the timeliness, accurateness, or completeness of any data or information relating to Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF