Xtrackers FTSE All-World ex US UCITS ETF 1C

Issuer: Xtrackers

Asset Class: Equity

TER: 20bps

Trading Currency: USD

Pays Income: False

Listing Date: 24 Apr 2026

Ticker: AWEX

ISIN: IE000YKHGYN2

This investment vehicle offers a strategic approach to global equity investing by providing comprehensive exposure to both developed and emerging markets, with the specific exclusion of the United States. It is designed for investors who want to diversify their portfolios beyond the large US market, which often dominates traditional global indices. By tracking a benchmark composed of large and mid-capitalization companies from across the world excluding the US, the fund allows for a more granular and controlled allocation to international equities. This can be particularly useful for those who already hold significant US-centric assets or prefer to manage their US and non-US equity exposures as separate components within their overall investment strategy, thereby avoiding potential over-concentration.

The fund's portfolio is built through a physical replication method, meaning it directly owns the stocks that constitute its underlying index. This provides a high degree of transparency and a direct link to the performance of companies in key international markets such as Japan, the United Kingdom, China, Canada, and France. The broad diversification across numerous countries and sectors helps mitigate country-specific risks and captures growth opportunities from various economic regions. The inclusion of emerging markets adds a dynamic growth element, tapping into the potential of rapidly expanding economies. This construction offers a single, efficient tool for capturing the breadth of the international stock market. As an accumulating share class, all dividend income generated by the underlying holdings is automatically reinvested, which leverages the power of compounding to potentially enhance long-term capital growth, making it well-suited for investors with a long-term horizon.