ETF Factsheet
Deutsche Bank db x-trackers S&P 500 EURO HEDGED INDEX ETF db x-trackers - Deutsche Bank Exchange Traded Funds In January 2007 Deutsche bank launched 'db x-trackers', its new Exchange Traded Fund (ETF) platform. The db x-trackers ETFs are listed on multiple stock exchanges across Europe – Euronext Paris, Borsa Italiana, Frankfurt Xetra, London Stock Exchange and SWX Swiss Exchange and supported by a number of market makers providing liquidity in the ETFs. The db x-trackers ETFs are sub-funds of the db x-trackers SICAV, an umbrella fund investment company domiciled in Luxembourg. The db x-trackers SICAV and its sub-funds comply with the relevant European fund regulations relating to undertakings for collective investment in transferable securities (UCITS IV).
Fund information Fund name
db x-trackers S&P 500 EURO HEDGED INDEX ETF
ISIN
LU0490619193
UCITS IV compliant
Yes
Fund currency
EUR
NAV/Index Ratio
1/10.00
Fund launch date
05 January 2011
Max. All-in fee
0.30% p.a.
Financial year end
31 December
Income treatment
Reinvestment
Date of distribution
-
NAV per Share
EUR 16.84 (30 September 2011) EUR 288,172,156 (30 September 2011)
Total Fund Assets
Features of Exchange Traded Funds Instant stock market exposure in one transaction Low cost index investment Stock exchange liquidity with low bid/offer spread Cost effective alternative to traditional mutual funds The value of the ETF shares may be negatively affected by market volatility and/or the volatility of the sub-fund’s assets and/or the underlying index
Performance Figures as of 30 September 2011 2011
2010
2009
2008
Since ETF launch
S&P 500 Euro Hedged Index
-9.35%
12.09%
23.73%
-28.60% -10.73%
S&P 500 Euro Hedged ETF
-
-
-
-
-10.77%
db X-trackers — Simply buy the market
Source: Deutsche Bank, 30 September 2011 Past performance is not a reliable indicator of future results.
S&P 500 Euro Hedged Index The Index is a free float market capitalisation weighted index reflecting the performance of 500 large-cap common stocks of publicly held companies actively traded on either the NYSE Euronext or the NASDAQ OMX markets. The Index is a total return net index. A total return net index calculates the performance of the Index constituents on the basis that any dividends or distributions are reinvested after the deduction of any taxes that may apply. The S&P 500 USD Benchmark Index is intended to reflect the performance of the Index without any particular adjustments, whereas each of the other Underlying Assets is intended to reflect the performance of the Index. The Index is calculated in US Dollars on a real-time basis. Changes to the S&P 500 Index are made as needed with no annual or semi-annual reconstitution. The index is currency hedged on a monthly basis. The index level is hedged by means of a forward contract with a maturity of one month. Index changes during the month are not hedged. Listing and trading information Exchange
NSIN
Exchange Code (local)
Trading Currency
Trading Hours (Local Time)
Settlement
Bloomberg Ticker Reuters RIC
iNAV Reuters
Xetra
DBX0F4
XKSP
EUR
09:00 - 17:00
t+2
XKSP GY
XKSP.DE
XKSPINAVEUR. DE
Italian Stock Exchange
-
XKSP
EUR
00:00 - 00:00
t+3
XSPE IM
XSPE.MI
XKSPINAVEUR. DE
Deutsche Bank db x-trackers S&P 500 EURO HEDGED INDEX ETF Historical Performance S&P 500 Euro Hedged Index
Index information Index Type
Total Return Net
Number of Index constituents
500
Countries in Index
1
Dividend Yield*
2.05%
PE Ratio*
15.52
Market Capitalisation*
EUR 7,729.42 Billion
Index Reuters RIC
.NTRGSPCEH
Index Bloomberg ticker
SPXUXEN
Points 1,950 1,650 1,350 1,050
Source: Deutsche Bank, 30 September 2011, * as of 31 August 2011
750 Oct08
Mar09
Sep09
Mar10
Sep10
Mar11
Sep11
Date Source: Bloomberg, 30 September 2011 Past performance is not a reliable indicator of future results.
Sector weightings of the index 19.44% 13.73% 11.99% 11.66% 11.52% 10.86% 10.32% 3.91% 3.34% 3.24%
Information Technology Financials Health Care Energy Consumer Staples Consumer Discretionary Industrials Utilities Materials Telecommunication Services
Source: Deutsche Bank, 30 September 2011
Top 10 index constituents Apple Inc
3.43%
ExxonMobil Corporation
3.40%
International Business Machines Corp
2.02%
Microsoft Corp
1.80%
Chevron Corporation
1.79%
Johnson & Johnson
1.66%
Procter & Gamble Co
1.66%
AT&T INC.
1.62%
General Electric Co
1.59%
Coca-Cola Company
1.50%
Source: Deutsche Bank, 30 September 2011
Registrations for public distribution Denmark Italy Finland Luxembourg Germany Norway Ireland
Sweden Switzerland United Kingdom
Further information on db x-trackers ETFs Deutsche Bank AG Info: www.dbxtrackers.com db x-trackers Team E-Mail: [email protected] Große Gallusstraße 10-14 Bloomberg: DBETF 60311 Frankfurt am Main Reuters: DBETF Hotline: +49 69 910 30549 Fax: +49 69 910 41276
db X-trackers — Simply buy the market
Disclaimer © Deutsche Bank 2011. All information as of 30 September 2011. This document is intended for discussion purposes only and does not create any legally binding obligations on the part of Deutsche Bank AG and/or its affiliates (“DB”). Without limitation, this document does not constitute an offer or a recommendation to enter into any transaction. When making an investment decision, you should rely solely on the final documentation relating to the transaction and not the summary contained herein. DB is not acting as your financial adviser or in any other fiduciary capacity with respect to this proposed transaction. The transaction(s) or products(s) mentioned herein may not be appropriate for all investors and before entering into any transaction you should take steps to ensure that you fully understand the transaction and have made an independent assessment of the appropriateness of the transaction in the light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction. For general information regarding the nature and risks of the proposed transaction and types of financial instruments please go to www.globalmarkets.db.com/riskdisclosure. You should also consider seeking advice from your own advisers in making this assessment. If you decide to enter into a transaction with DB, you do so in reliance on your own judgment. The information contained in this document is based on material we believe to be reliable; however, we do not represent that it is accurate, current, complete, or error free. Assumptions, estimates and opinions contained in this document constitute our judgment as of the date of the document and are subject to change without notice. Any projections are based on a number of assumptions as to market conditions and there can be no guarantee that any projected results will be achieved. Past performance is not a guarantee of future results. This material was prepared by a Sales or Trading function within DB, and was not produced, reviewed or edited by the Research Department. Any opinions expressed herein may differ from the opinions expressed by other DB departments including the Research Department. Sales and Trading functions are subject to additional potential conflicts of interest which the Research Department does not face. DB may engage in transactions in a manner inconsistent with the views discussed herein. DB trades or may trade as principal in the instruments (or related derivatives), and may have proprietary positions in the instruments (or related derivatives) discussed herein. DB may make a market in the instruments (or related derivatives) discussed herein. Sales and Trading personnel are compensated in part based on the volume of transactions effected by them. The distribution of this document and availability of these products and services in certain jurisdictions may be restricted by law. You may not distribute this document, in whole or in part, without our express written permission. DB SPECIFICALLY DISCLAIMS ALL LIABILITY FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL OR OTHER LOSSES OR DAMAGES INCLUDING LOSS OF PROFITS INCURRED BY YOU OR ANY THIRD PARTY THAT MAY ARISE FROM ANY RELIANCE ON THIS DOCUMENT OR FOR THE RELIABILITY, ACCURACY, COMPLETENESS OR TIMELINESS THEREOF. DB is authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and regulated by the Financial Services Authority for the conduct of UK business. The Company (“db x-trackers”) is registered with the Luxembourg Trade and Companies’ Register under number B 119 899. DB Platinum Advisors acts as the management company. Registered office of the Company: db x-trackers. The Company is registered in the Grand-Duchy of Luxembourg as an undertaking for collective investment pursuant to Part I of the law of 20 December 2002 relating to undertakings for collective investment, as amended. The Company qualifies as an undertaking for collective investment in transferable Securities under article 1(2) of the Council Directive 85/611/EEC of 20 December 1985.
Index Disclaimer The index sponsors of the indices referred to herein (including Deutsche Bank AG) make no warranty or representation whatsoever either as to the results obtained from use of the indices and/or the figures at which the said indices stand at any particular day or otherwise. These index sponsors shall not be liable to any person for any error in their indices and shall not be under any obligation to advise any person of any error therein.
Fund information Fund name
db x-trackers S&P 500 EURO HEDGED INDEX ETF
ISIN
LU0490619193
UCITS IV compliant
Yes
Fund currency
EUR
NAV/Index Ratio
1/10.00
Fund launch date
05 January 2011
Max. All-in fee
0.30% p.a.
Financial year end
31 December
Income treatment
Reinvestment
Date of distribution
-
NAV per Share
EUR 16.84 (30 September 2011) EUR 288,172,156 (30 September 2011)
Total Fund Assets
Features of Exchange Traded Funds Instant stock market exposure in one transaction Low cost index investment Stock exchange liquidity with low bid/offer spread Cost effective alternative to traditional mutual funds The value of the ETF shares may be negatively affected by market volatility and/or the volatility of the sub-fund’s assets and/or the underlying index
Performance Figures as of 30 September 2011 2011
2010
2009
2008
Since ETF launch
S&P 500 Euro Hedged Index
-9.35%
12.09%
23.73%
-28.60% -10.73%
S&P 500 Euro Hedged ETF
-
-
-
-
-10.77%
db X-trackers — Simply buy the market
Source: Deutsche Bank, 30 September 2011 Past performance is not a reliable indicator of future results.
S&P 500 Euro Hedged Index The Index is a free float market capitalisation weighted index reflecting the performance of 500 large-cap common stocks of publicly held companies actively traded on either the NYSE Euronext or the NASDAQ OMX markets. The Index is a total return net index. A total return net index calculates the performance of the Index constituents on the basis that any dividends or distributions are reinvested after the deduction of any taxes that may apply. The S&P 500 USD Benchmark Index is intended to reflect the performance of the Index without any particular adjustments, whereas each of the other Underlying Assets is intended to reflect the performance of the Index. The Index is calculated in US Dollars on a real-time basis. Changes to the S&P 500 Index are made as needed with no annual or semi-annual reconstitution. The index is currency hedged on a monthly basis. The index level is hedged by means of a forward contract with a maturity of one month. Index changes during the month are not hedged. Listing and trading information Exchange
NSIN
Exchange Code (local)
Trading Currency
Trading Hours (Local Time)
Settlement
Bloomberg Ticker Reuters RIC
iNAV Reuters
Xetra
DBX0F4
XKSP
EUR
09:00 - 17:00
t+2
XKSP GY
XKSP.DE
XKSPINAVEUR. DE
Italian Stock Exchange
-
XKSP
EUR
00:00 - 00:00
t+3
XSPE IM
XSPE.MI
XKSPINAVEUR. DE
Deutsche Bank db x-trackers S&P 500 EURO HEDGED INDEX ETF Historical Performance S&P 500 Euro Hedged Index
Index information Index Type
Total Return Net
Number of Index constituents
500
Countries in Index
1
Dividend Yield*
2.05%
PE Ratio*
15.52
Market Capitalisation*
EUR 7,729.42 Billion
Index Reuters RIC
.NTRGSPCEH
Index Bloomberg ticker
SPXUXEN
Points 1,950 1,650 1,350 1,050
Source: Deutsche Bank, 30 September 2011, * as of 31 August 2011
750 Oct08
Mar09
Sep09
Mar10
Sep10
Mar11
Sep11
Date Source: Bloomberg, 30 September 2011 Past performance is not a reliable indicator of future results.
Sector weightings of the index 19.44% 13.73% 11.99% 11.66% 11.52% 10.86% 10.32% 3.91% 3.34% 3.24%
Information Technology Financials Health Care Energy Consumer Staples Consumer Discretionary Industrials Utilities Materials Telecommunication Services
Source: Deutsche Bank, 30 September 2011
Top 10 index constituents Apple Inc
3.43%
ExxonMobil Corporation
3.40%
International Business Machines Corp
2.02%
Microsoft Corp
1.80%
Chevron Corporation
1.79%
Johnson & Johnson
1.66%
Procter & Gamble Co
1.66%
AT&T INC.
1.62%
General Electric Co
1.59%
Coca-Cola Company
1.50%
Source: Deutsche Bank, 30 September 2011
Registrations for public distribution Denmark Italy Finland Luxembourg Germany Norway Ireland
Sweden Switzerland United Kingdom
Further information on db x-trackers ETFs Deutsche Bank AG Info: www.dbxtrackers.com db x-trackers Team E-Mail: [email protected] Große Gallusstraße 10-14 Bloomberg: DBETF 60311 Frankfurt am Main Reuters: DBETF Hotline: +49 69 910 30549 Fax: +49 69 910 41276
db X-trackers — Simply buy the market
Disclaimer © Deutsche Bank 2011. All information as of 30 September 2011. This document is intended for discussion purposes only and does not create any legally binding obligations on the part of Deutsche Bank AG and/or its affiliates (“DB”). Without limitation, this document does not constitute an offer or a recommendation to enter into any transaction. When making an investment decision, you should rely solely on the final documentation relating to the transaction and not the summary contained herein. DB is not acting as your financial adviser or in any other fiduciary capacity with respect to this proposed transaction. The transaction(s) or products(s) mentioned herein may not be appropriate for all investors and before entering into any transaction you should take steps to ensure that you fully understand the transaction and have made an independent assessment of the appropriateness of the transaction in the light of your own objectives and circumstances, including the possible risks and benefits of entering into such transaction. For general information regarding the nature and risks of the proposed transaction and types of financial instruments please go to www.globalmarkets.db.com/riskdisclosure. You should also consider seeking advice from your own advisers in making this assessment. If you decide to enter into a transaction with DB, you do so in reliance on your own judgment. The information contained in this document is based on material we believe to be reliable; however, we do not represent that it is accurate, current, complete, or error free. Assumptions, estimates and opinions contained in this document constitute our judgment as of the date of the document and are subject to change without notice. Any projections are based on a number of assumptions as to market conditions and there can be no guarantee that any projected results will be achieved. Past performance is not a guarantee of future results. This material was prepared by a Sales or Trading function within DB, and was not produced, reviewed or edited by the Research Department. Any opinions expressed herein may differ from the opinions expressed by other DB departments including the Research Department. Sales and Trading functions are subject to additional potential conflicts of interest which the Research Department does not face. DB may engage in transactions in a manner inconsistent with the views discussed herein. DB trades or may trade as principal in the instruments (or related derivatives), and may have proprietary positions in the instruments (or related derivatives) discussed herein. DB may make a market in the instruments (or related derivatives) discussed herein. Sales and Trading personnel are compensated in part based on the volume of transactions effected by them. The distribution of this document and availability of these products and services in certain jurisdictions may be restricted by law. You may not distribute this document, in whole or in part, without our express written permission. DB SPECIFICALLY DISCLAIMS ALL LIABILITY FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL OR OTHER LOSSES OR DAMAGES INCLUDING LOSS OF PROFITS INCURRED BY YOU OR ANY THIRD PARTY THAT MAY ARISE FROM ANY RELIANCE ON THIS DOCUMENT OR FOR THE RELIABILITY, ACCURACY, COMPLETENESS OR TIMELINESS THEREOF. DB is authorised under German Banking Law (competent authority: BaFin - Federal Financial Supervising Authority) and regulated by the Financial Services Authority for the conduct of UK business. The Company (“db x-trackers”) is registered with the Luxembourg Trade and Companies’ Register under number B 119 899. DB Platinum Advisors acts as the management company. Registered office of the Company: db x-trackers. The Company is registered in the Grand-Duchy of Luxembourg as an undertaking for collective investment pursuant to Part I of the law of 20 December 2002 relating to undertakings for collective investment, as amended. The Company qualifies as an undertaking for collective investment in transferable Securities under article 1(2) of the Council Directive 85/611/EEC of 20 December 1985.
Index Disclaimer The index sponsors of the indices referred to herein (including Deutsche Bank AG) make no warranty or representation whatsoever either as to the results obtained from use of the indices and/or the figures at which the said indices stand at any particular day or otherwise. These index sponsors shall not be liable to any person for any error in their indices and shall not be under any obligation to advise any person of any error therein.
