Xtrackers US Equity Enhanced Active UCITS ETF 1C

Xtrackers US Equity Enhanced Active UCITS ETF 1C is an actively managed exchange-traded fund that invests primarily in large and medium-capitalization equities listed in the United States. The fund employs a systematic, bottom-up stock selection strategy developed by DWS's Quantitative Research and Investment team, which has refined this approach since 2001. The strategy utilizes fundamental and technical indicators to analyze the relative attractiveness of securities within the US equity market, with portfolios reoptimized monthly. The fund aims to achieve positive mid- to long-term capital appreciation by generating excess returns relative to the MSCI USA Index benchmark while maintaining disciplined risk management. With an expected tracking error between 0.75% and 1.5%, the fund offers investors access to actively managed US equity exposure with the liquidity, transparency, and cost efficiency characteristic of the ETF structure. The fund accumulates dividends rather than distributing them, reinvesting them to increase share value over time.