The creation limit for Deutsche X-trackers Harvest CSI 300 China A-Shares ETF (ASHR) and Deutsche X-trackers Harvest CSI 500 China A-Shares Small Cap ETF (ASHS) has increased from the previous limit of one unit per day.
ASHR will open to ten creations units each day, and ASHS will open to five creation units each day.
The funds will continue to use these new creation units limits for ASHR and ASHS in order to manage the RQFII quota for purchasing China A shares securities. As a result:
• ASHR will now accept ten creations units each day and ASHS now accept five creation units each day, where each creation unit is comprised of 50,000 shares. This is an increase from the previous limit for each individual fund of one creation unit per day, announced on 11 September 2014.
• Deutsche Asset & Wealth Management and the funds’ sub-advisor, Harvest Global Investments Limited, have worked with the Chinese authorities, as well as various other sources, to increase the RQFII quota for the funds, to keep in-line with investor demand. There is no assurance that such a future increase will be granted or will be sufficient to meet investor demand.
• Redemption orders for the funds will continue to be accepted in the ordinary course of business as described in the funds’ prospectuses.