Xtrackers California Municipal Bonds ETF

The investment seeks investment results that correspond generally to the performance, before fees and expenses, of the S&P 500 Value ESG Index.
The fund, using a ¿passive¿ or indexing investment approach, seeks investment results that correspond generally to the performance, before fees and expenses, of the underlying index. The underlying index is a broad-based, market capitalization weighted index that provides exposure to companies with high environmental, social and governance (¿ESG¿) performance relative to their sector peers, while maintaining similar overall industry group weights as the S&P 500 Value Index. It is non-diversified.