Term and Conditions

Copyright © Deutsche Asset Management (UK) Limited 2018

 1. No offer
Nothing contained on this Xtrackers ETC Website should be considered as an offer to purchase any of the products as described on this Xtrackers ETC Website. Pricing levels and valuations published on the Xtrackers ETC Website are indicative and they and other information displayed thereon are for information purposes only.

 2. Decisiveness of offering circular or prospectus
An offering circular or prospectus referring to a specific product is available on the Xtrackers ETC Website in certain cases. Users should carefully read the information contained therein before making any investment decision.

 3. No investment advice
Information made available on the Xtrackers ETC Website should not be considered as investment advice or any form of recommendation to purchase products described thereon.

 4. Historical performance
Past performance information contained on the Xtrackers ETC Website is not indicative of future results.

 5. No warranties for contents
Although best efforts have been used to ensure that the information set out on the Xtrackers ETC Website is reliable, no warranty is made as to its accuracy, completeness and adequacy. Any opinions expressed reflect the current view of Deutsche Asset Management, DB ETC plc and db ETC Index plc , which may change without notice. 

6. Use of the Xtrackers ETC Website
6.1. Changes of the Xtrackers ETC Website
Deutsche Asset Management, DB ETC plc and db ETC Index plc reserve the right to partly or completely change the Xtrackers ETC Website at any time and to restrict, interrupt or terminate its service.

6.2. Changes of General Terms and Conditions of Use
Deutsche Asset Management, DB ETC plc and db ETC Index plc reserve the right to modify or amend these terms and conditions at any time.

7. Copyright
Content and design of the Xtrackers ETC Website are protected by copyright. Any copying of the website or of its content requires the preliminary written consent of Deutsche Asset Management (UK) limited and db ETC Index plc. 

8. Privacy Policy
Deutsche Asset Management, DB ETC plc and db ETC Index plc respect your privacy. Personal data, which are collected when visiting our website, are processed according to requirements under German law. 

9. Safety of Communication
Communications over the Internet and by e-mail cannot be guaranteed to be secure. There is a risk that information contained within an e-mail communication and any attachment thereto, including potentially confidential information, may be intercepted, lost, destroyed or delayed in transmission. Although Deutsche Asset Management, DB ETC plc and db ETC Index plc will use reasonable efforts to minimise such risk, it does not warrant that any communication or e-mail or any attachments thereto, that is sent out, will be free from viruses, worms or other harmful components.

 10. Hyperlinks
Certain hypertext links on the Xtrackers ETC Website may lead the user to websites that are not under the control or charge of Deutsche Asset Management and db ETC Index plc. When the user clicks on such a link, he leaves the Xtrackers ETC Website. Deutsche Asset Management, DB ETC plc and db ETC Index plc are not responsible with respect to any material contained on any other website.

11. Governing Law; Jurisdiction

11.1. Governing Law
These terms and conditions are exclusively governed by and shall be construed in accordance with German law.

11.2. Jurisdiction
Each private user who is not a resident of one of the countries for which the Council Regulation (EC) NO 44/2001 of 22 December 2000 on jurisdiction and the recognition and enforcement of judgements in civil and commercial matters is applicable, or which have entered and ratified the Convention on jurisdiction and enforcement of judgements in civil and commercial matters signed at Lugano on 16 September 1988, and all commercial users are subject to the exclusive jurisdiction of the competent court of Frankfurt am Main, Germany, in respect of any disputes arising under these terms.

12. Other agreements
If at any time any provision (or part of any provision) of these terms and conditions is, or becomes, illegal, invalid or unenforceable in any respect under the law of any jurisdiction, that shall not affect the legality, validity or enforceability in that or any other jurisdiction of any other provision (or any other part of this provision) of these terms. 

13. Selling restrictions
The products described on the Xtrackers ETC Website are not eligible for sale in all countries and in any event may only be sold to qualified investors. The offering circulars contain information as to the selling restrictions applicable to any particular product and the user should read them carefully

In particular, the following restrictions apply:
Residents of the United States of America:
The information set out in the Xtrackers ETC Website is not directed to the United States. US citizens (as defined in Regulation S under the US Securities Act 1933) and persons resident in the US may not enter the Xtrackers ETC Website. Information from this Xtrackers ETC Website may not be distributed or redistributed into the United States or into any jurisdiction where it is not permitted. The securities have not been and will not be registered under the US Securities Act of 1933 and trading in the securities has not been approved for purposes of the US Commodities Exchange Act of 1936. The securities may not be offered or sold in the United States, to US citizens or US residents.

The products described on the Xtrackers ETC Website are only offered or sold to persons in any other jurisdiction, if applicable law permits this.

 14. Additional Information
Any reference in these Terms or on the Website to “Deutsche Asset Management” or “Deutsche AM” shall, unless otherwise required by the context, be understood as a reference to Deutsche Asset Management (UK) Limited including any of its parent companies, any of its or its parents affiliates or subsidiaries and, as the case may be, any investment companies promoted or managed by any of those entities.