X II GBP Cash Swap ETF 1D

The aim is for your investment to reflect the performance of the SONIA TOTAL RETURN INDEX { {®}} (Index). The Index reflects the performance of a notional deposit earning interest at the rate of the Sterling Overnight Index Average (SONIA) with the interest being reinvested in the deposit daily. SONIA is the weighted average interest rate at which banks in Great Britain lend to each other on an overnight basis as calculated by the Wholesale Markets Brokers’ Association. The Index is calculated using a specific formula and published by Deutsche Bank on a daily basis on all calendar days. To achieve the aim, the Fund will buy tradable debt (bonds) and/or invest in cash deposits and enter into financial contract(s) (derivative(s)) with Deutsche Bank relating to the bonds/deposits and the notional deposit earning the SONIA, in order to obtain the return on the Index. Dividends may be paid on your shares. You may redeem your investment on demand on a daily basis.