Concept Fund Solutions: Official List Notice

  Concept Fund Solutions: Official List Notice

UK Regulatory Announcement


                  Concept Fund Solutions plc (the "Company")

                         78 Sir John Rogerson's Quay

                                   Dublin 2

  Registered in Dublin as an open-ended variable capital umbrella investment
    company with limited liability and as an umbrella fund with segregated
                         liability between sub-funds.

           Registration Number 393802. Registered Office as above.

    Directors: Tom Murray, Peter Murray, Michael Whelan, Alex McKenna (UK)


             db x-trackers STOXX® EUROPE CHRISTIAN UCITS ETF (DR)

             db x-trackers Global Fund Supporters UCITS ETF (DR)

 (collectively referred to as the “Sub-Funds” and individually a "Sub-Fund")

                                                           Dublin, 5 July 2013

This announcement is to inform you on behalf of the board of directors of the
Company (the “Board of Directors”) about recent developments in respect of the
Sub-Fund in which you hold Shares.

Capitalised terms used in this notice shall have the same meaning ascribed to
them in the latest version of the prospectus of the Company (the "Prospectus")
unless the context otherwise requires.

The Board of Directors has resolved to delist and close certain Sub-Funds
structured as ETFs that have demonstrated sustained small levels of demand,
while focusing on key areas of growth, thereby better serving the needs of
investors, with the intention of bringing the range of sub-funds of the
Company in line with current and future investor demand. If, after reading
this announcement you have further questions then please do not hesitate to
contact the db x-trackers ETF hotline on +44 (20) 7547 1747 or +49 (69) 910

Termination of the Sub-Funds

The total net assets of each of the Sub-Funds is below the Minimum Fund Size
provided in the relevant supplement of the Sub-Funds and the Board of
Directors considers that it is unlikely that the assets under management for
the Sub-Funds will increase adequately in the near future.

Consequently, and in accordance with the applicable provisions of the articles
of association of the Company (the "Articles") and Prospectus, the Board of
Directors has resolved to:

i. cancel the listing of the Sub-Funds and the right of the Sub-Funds to be
traded on the relevant stock exchange with effect from 6 August 2013; and

ii. terminate the Sub-Funds with effect from 9 August 2013 (the “Termination

and to proceed with the compulsory repurchase of all outstanding Shares of the

Requests for repurchase or subscription for Shares in the Sub-Funds may be
made in the usual manner in accordance with the Prospectus prior to 6 August

The following terms and conditions of such compulsory repurchase have been
determined in accordance with clause 11 of appendix II of the Articles and
shall apply as of the Termination Date:

1. each Sub-Fund shall be liquidated and the Repurchase Price for each Class
of Shares of each of the Sub-Funds will be determined by reference to the Net
Asset Value of the respective Class of Shares of each Sub-Fund as of the
Termination Date (the "Reference NAV"). The Reference NAV will take into
account, amongst other expenses, all costs resulting from the anticipated
realisation and liquidation of the remaining investments of each Sub-Fund;

2. no Repurchase Charge will be applied;

3. the Repurchase Proceeds will be paid in the relevant Base Currency;

4. the payment of the Repurchase Proceeds resulting from the compulsory
repurchase will take place at the latest on 23 August 2013 (the “Payment
Date”); and

5. following the payment of the Repurchase Proceeds in respect of each
Sub-Fund, application will be made to the Central Bank of Ireland for
revocation of approval of each Sub-Fund.

Shareholders who subscribe or repurchase Shares in any of the Sub-Funds on the
primary market are entitled to repurchase their Shares in any of the Sub-Funds
in accordance with the Prospectus. Please note that the Company does not
charge any repurchase fee for the sale of Shares in the secondary market.
Orders to sell Shares through a stock exchange can be placed via an authorised
intermediary or stockbroker. However, Shareholders should note that orders in
the secondary market may incur costs over which the Company has no control and
to which the above disapplication of the Repurchase Charge does not apply.

Any further information in relation to the termination of the Sub-Funds may be
obtained from the offices of foreign representatives or by sending an email to

Shareholders should consult their own professional advisers as to the specific
tax implications of the termination under the laws of the countries of their
nationality, residence, domicile or incorporation.

If you have any queries or if any of the above is not clear you should seek
advice from your stockbroker, bank manager, legal adviser, accountant or other
independent financial advisor.

Board of Directors

Concept Fund Solutions plc

Contact information

Concept Fund Solutions plc

78 Sir John Rogerson's Quay

Dublin 2


Concept Fund Solutions
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