Definitive Materials Filed by Investment Companies. (497)

 

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUS

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Xtrackers MSCI Kokusai Equity ETF (KOKU)

The following disclosure supplements, and is added after, the table in the “Transaction Fees” sub-section of the “Investing in the Fund” section in the fund’s prospectus:

For the period April 7, 2020 through May 31, 2020, the standard and maximum transaction fees for the creation or redemption of a Creation Unit of the fund is paid by the fund’s Advisor. As such, the standard and maximum transaction fees for the creation or redemption of a Creation Unit of the fund is reduced from $4,200 to $0. Effective June 1, 2020, a portion of the standard and maximum transaction fees for the creation or redemption of a Creation Unit of the fund will be paid by the fund’s Advisor. As such, the standard and maximum transaction fees for the creation or redemption of a Creation Unit of the fund will be reduced from $4,200 to $1,000. The Advisor reserves the right to amend or discontinue these subsidies upon further supplement to the fund’s prospectus.

Please Retain This Supplement for Future Reference

May 1, 2020

PROSTKR20-22