DWS Announces Closing of Two Xtrackers ETFs | Nation/World


NEW YORK–(BUSINESS WIRE)–February 17, 2022–

DWS today announced the imminent 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, liquidation funds will no longer accept orders for inception and last trading day on the exchange will be March 7, 2022. Liquidation proceeds are currently expected to be sent to shareholders on or about March 16, 2022.

When the liquidating fund begins liquidating 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 fund in liquidation is likely to incur higher tracking error than is typical for the fund in liquidation. Additionally, during the period between the market opening on March 8, 2022 and March 16, 2022, since the shares will not be publicly traded, DWS cannot assure investors that there will be a market for their shares. .

Shareholders can sell their holdings of a fund in liquidation on the relevant exchange until the close of business on March 7, 2022 and may incur typical transaction costs from their broker. 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 at the close of business on that date. Shareholders will generally recognize a capital gain or loss on redemptions. Funds in liquidation may or may not, depending on the circumstances of each fund in liquidation, pay one or more dividends or other distributions before or concurrently with redemption payments. Investors should consult their personal tax advisor regarding the potential tax consequences.

About DWS Group

DWS Group (DWS) is one of the world’s leading asset managers with $1.05 trillion in assets under management (as of December 31, 2021). Based on more than 60 years of experience, it enjoys a reputation for excellence in Germany, Europe, America and Asia. DWS is recognized by clients around the world as a trusted source of integrated investment solutions, stability and innovation across a wide range of investment disciplines.

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

DWS wants to innovate and shape the future of investing: with approximately 3,600 employees in offices around the world, we are local yet a global team. We are investors – responsible for building the best foundations for our clients’ future.


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

Consider each fund’s investment objectives, risk factors, and fees and expenses before investing. This and other important information can be found in each fund’s prospectus, which can 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 capital. Stocks can lose value. Bond investments are subject to varying degrees of interest rate, credit, liquidity and market risk. When interest rates rise, bond prices generally fall. Foreign investment involves greater and different risks than investment in U.S. companies, including currency fluctuations, less liquidity, less developed or less efficient trading markets, lack of complete company information, political instability and different auditing and legal standards. Emerging markets tend to be more volatile and less liquid than markets in more mature economies, and generally have less diversified and less mature economic structures and less stable political systems than those in developed countries. Funds that invest in a single sector, country or in a limited geographic region are generally more volatile than more diversified funds. A fund’s performance may differ from that of an underlying index due to operating expenses, transaction costs, cash flow, the 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 further explained in the prospectuses, where applicable. . An investment in a fund should be viewed only as a supplement to a comprehensive investment program for investors willing to accept the risks associated with that fund. Please read the applicable prospectus for more information.

Past performance is not indicative of future results.

This press release does not constitute an offer to sell or a solicitation to buy, and there will be no sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration. or qualification under the laws of such state or jurisdiction.

Certain statements contained in this press release may be forward-looking. These include all statements relating to plans, expectations and other statements that are not historical facts and generally use words such as “expect”, “anticipate”, “believe”, “intend and similar expressions. These statements represent the current beliefs of management, based on information available at the time the statements are made, with respect to the matters discussed. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Management undertakes no 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 the 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.



The DWS brand 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 LLC which offer advisory services .

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

See the source version on businesswire.com: https://www.businesswire.com/news/home/20220217005945/en/

CONTACT: For more information:

Kenny Juarez


Phone: 1-212-454-9994

Email: [email protected]




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PUBLISHED: 2/17/2022 4:30 PM/DISC: 2/17/2022 4:32 PM



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