0001385533 dbxetfi:S000016521Member dbxetfi:C000045993Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016524Member dbxetfi:C000045996Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016521Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016522Member dbxetfi:C000045994Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016523Member dbxetfi:C000045995Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016525Member dbxetfi:C000045997Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016522Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016523Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016524Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016525Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016521Member rr:AfterTaxesOnDistributionsMember dbxetfi:C000045993Member 2011-09-29 2012-09-28 0001385533 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016521Member rr:AfterTaxesOnDistributionsAndSalesMember dbxetfi:C000045993Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016521Member dbxetfi:DowJonesUsTargetTwentyHundredAndTenIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016521Member dbxetfi:ZacksTwentyHundredAndTenLifecycleIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016522Member rr:AfterTaxesOnDistributionsMember dbxetfi:C000045994Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016522Member rr:AfterTaxesOnDistributionsAndSalesMember dbxetfi:C000045994Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016522Member dbxetfi:DowJonesUsTargetTwentyHundredAndTwentyIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016522Member dbxetfi:ZacksTwentyHundredAndTwentyLifecycleIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016523Member rr:AfterTaxesOnDistributionsMember dbxetfi:C000045995Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016523Member rr:AfterTaxesOnDistributionsAndSalesMember dbxetfi:C000045995Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016523Member dbxetfi:DowJonesUsTargetTwentyHundredAndThirtyIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016523Member dbxetfi:ZacksTwentyHundredAndThirtyLifecycleIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016524Member rr:AfterTaxesOnDistributionsMember dbxetfi:C000045996Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016524Member rr:AfterTaxesOnDistributionsAndSalesMember dbxetfi:C000045996Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016524Member dbxetfi:DowJonesUsTargetTwentyHundredAndFortyIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016524Member dbxetfi:ZacksTwentyHundredAndFortyLifecycleIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016525Member rr:AfterTaxesOnDistributionsMember dbxetfi:C000045997Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016525Member dbxetfi:DowJonesUsTargetTodayIndexMember 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016525Member rr:AfterTaxesOnDistributionsAndSalesMember dbxetfi:C000045997Member 2011-09-29 2012-09-28 0001385533 dbxetfi:S000016525Member dbxetfi:ZacksInTargetLifecycleIndexMember 2011-09-29 2012-09-28 pure iso4217:USD 2012-06-30 2012-06-30 Example 2012-06-30 2012-06-30 2012-06-30 690 589 598 Example Example Example 607 Example The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Fund Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 65% of the average value of its portfolio. http://dbxstrategicadvisors.db.com Index returns do not reflect deductions of fees, expenses or taxes. The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Fund Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 55% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Fund Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 34% of the average value of its portfolio. The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Fund Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 40% of the average value of its portfolio. http://dbxstrategicadvisors.db.com Index returns do not reflect deductions of fees, expenses or taxes. http://dbxstrategicadvisors.db.com http://dbxstrategicadvisors.db.com. Index returns do not reflect deductions of fees, expenses or taxes. The Fund pays transaction costs, such as commissions, when it purchases and sells securities (or “turns over” its portfolio). A higher portfolio turnover will cause the Fund to incur additional transaction costs and may result in higher taxes when Fund Shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, may affect the Fund’s performance. During the most recent fiscal year, the Fund’s portfolio turnover rate was 59% of the average value of its portfolio. 677 Index returns do not reflect deductions of fees, expenses or taxes. http://dbxstrategicadvisors.db.com Index returns do not reflect deductions of fees, expenses or taxes. Annual Fund Operating Expenses     (expenses that you pay each year as a percentage of the value of your investment) db-X 2010 Target Date Fund Summary Information Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. 0.0089 66 2007-10-01 2007-10-01 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualFundOperatingExpensesdbX2010TargetDateFund column period compact * ~</div> 66 66 Annual Fund Operating Expenses     (expenses that you pay each year as a percentage of the value of your investment) db-X 2030 Target Date Fund Summary Information Annual Fund Operating Expenses     (expenses that you pay each year as a percentage of the value of your investment) db-X 2040 Target Date Fund Summary Information Annual Fund Operating Expenses     (expenses that you pay each year as a percentage of the value of your investment) Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. 66 0.074 0.0419 Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. 0.0687 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualFundOperatingExpensesdbX2040TargetDateFund column period compact * ~</div> <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualFundOperatingExpensesdbX2030TargetDateFund column period compact * ~</div> db-X 2020 Target Date Fund Summary Information <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualFundOperatingExpensesdbX2020TargetDateFund column period compact * ~</div> db-X In-Target Date Fund Summary Information Annual Fund Operating Expenses     (expenses that you pay each year as a percentage of the value of your investment) 66 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualFundOperatingExpensesdbXInTargetDateFund column period compact * ~</div> Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. 0.0206 485BPOS db-X Exchange-Traded Funds Inc. This table describes the fees and expenses you may pay if you buy and hold shares (“Shares” or “db-X Target Date Shares”) of the Fund. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: Principal Investment Strategies <div> <div class="MetaData"> The Fund's year-to-date total return as of June 30, 2012, was 0.89%. Best and Worst Quarter Returns (for the periods reflected in the bar chart above)   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Quarter/Year</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> Highest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">5.17</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">2Q/2009</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">  </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> Lowest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">(4.57</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">)% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">3Q/2008</td></tr></table></div> </div> Average Annual Total Returns for the periods ended December 31, 2011 After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. -0.0074 2007-10-01 2007-10-01 2007-10-01 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualTotalReturnsdb-X2010TargetDateFundBarChart column period compact * ~</div> -0.0051 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 This table describes the fees and expenses you may pay if you buy and hold shares (“Shares” or “db-X Target Date Shares”) of the Fund. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: <div> <div class="MetaData"> The Fund's year-to-date total return as of June 30, 2012, was 4.19%. Best and Worst Quarter Returns (for the periods reflected in the bar chart above)   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Quarter/Year</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> Highest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">11.61</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">2Q/2009</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">  </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> Lowest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">(9.61</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">)% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">4Q/2008</td></tr></table></div> </div> Principal Investment Strategies Average Annual Total Returns for the periods ended December 31, 2011 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualTotalReturnsdb-X2020TargetDateFundBarChart column period compact * ~</div> This table describes the fees and expenses you may pay if you buy and hold shares (“Shares” or “db-X Target Date Shares”) of the Fund. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. Principal Investment Strategies <div> <div class="MetaData"> The Fund's year-to-date total return as of June 30, 2012, was 6.87%. Best and Worst Quarter Returns (for the periods reflected in the bar chart above)   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Quarter/Year</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> Highest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">15.69</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">2Q/2009</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">  </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> Lowest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">(17.29</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">)% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">4Q/2008</td></tr></table></div> </div> Average Annual Total Returns for the periods ended December 31, 2011 After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: Principal Investment Strategies 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 <div> <div class="MetaData"> The Fund's year-to-date total return as of June 30, 2012, was 7.40%. Best and Worst Quarter Returns (for the periods reflected in the bar chart above)   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Quarter/Year</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> Highest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">17.67</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">2Q/2009</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">  </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> Lowest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">(21.01</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">)% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">4Q/2008</td></tr></table></div> </div> Average Annual Total Returns for the periods ended December 31, 2011 After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualTotalReturnsdb-X2040TargetDateFundBarChart column period compact * ~</div> <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualTotalReturnsdb-X2030TargetDateFundBarChart column period compact * ~</div> This table describes the fees and expenses you may pay if you buy and hold shares (“Shares” or “db-X Target Date Shares”) of the Fund. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. Average Annual Total Returns for the periods ended December 31, 2011 This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: This table describes the fees and expenses you may pay if you buy and hold shares (“Shares” or “db-X Target Date Shares”) of the Fund. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. -0.0053 -0.0055 <div> <div class="MetaData"> The Fund's year-to-date total return as of June 30, 2012, was 2.06%. Best and Worst Quarter Returns (for the periods reflected in the bar chart above)   <table style="border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="100%" align="center"> <tr><td width="82%"> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td> <td valign="bottom" width="5%"> </td> <td> </td> <td> </td> <td> </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" colspan="2" nowrap="nowrap" align="center">Quarter/Year</td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td></tr> <tr bgcolor="#cceeff"><td style="border-bottom: #000000 1px solid;" valign="top"> Highest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">3.48</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">3Q/2009</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">  </td></tr> <tr><td style="border-bottom: #000000 1px solid;" valign="top"> Lowest Return</td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">(4.51</td> <td style="border-bottom: #000000 1px solid;" valign="bottom" nowrap="nowrap">)% </td> <td style="border-bottom: #000000 1px solid;" valign="bottom">  </td> <td style="border-bottom: #000000 1px solid;" valign="bottom"> </td> <td style="border-bottom: #000000 1px solid;" valign="bottom" align="right">3Q/2011</td></tr></table></div> </div> After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. -0.0071 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAnnualTotalReturnsdb-XIn-TargetDateFundBarChart column period compact * ~</div> 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 2007-10-01 This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other funds. This example assumes that you invest $10,000 in the Fund for the time periods indicated and then sell all of your Shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: 0001385533 2012-09-28 2012-05-31 Investment Objective/Goal Fees and Expenses of the Fund Portfolio Turnover As its primary strategy, the Fund will invest at least 90% of its assets in the component securities (the "Component Securities") of the Underlying Index, depositary receipts representing Component Securities and investments that have economic characteristics that are substantially identical to the economic characteristics of the Component Securities of the Underlying Index. Such securities may include domestic and international equity securities (including common stocks and real estate investment trusts) and fixed income securities (including bonds, treasury bills and notes, mortgage real estate investment trusts, cash, cash equivalents and short-term money market instruments). The domestic equity portion may include securities from all capitalization ranges. Only investment-grade fixed income securities are eligible for inclusion in the fixed income portion of the Underlying Index. The Fund employs a representative sampling indexing strategy in managing the portfolio by holding equity securities and fixed income securities that, in the aggregate, are intended to approximate the Underlying Index in terms of key characteristics, such as price/earnings ratio, earnings growth, maturity, duration, or dividend yield. The Fund will provide shareholders with at least 60 days' notice of any change in these policies. The Underlying Index is comprised of securities from three broad asset classes: international equities, domestic equities, and fixed income, and is designed to represent a diversified portfolio of securities with the potential to outperform the Lipper Mixed-Asset Target 2010 Index, on a risk adjusted basis. The current allocation of the Underlying Index is approximately 3% in international equities, 10% in domestic equities and 87% in fixed income and will be systematically reconstituted and rebalanced annually, or quarterly when necessary, pursuant to a proprietary methodology developed by Zacks Investment Research ("Zacks"), the creator of the Underlying Index. Prior to the target termination date of December 31, 2010, the weighted average duration for the fixed income securities was, collectively, aimed to match the time to such date. Following the target date, the duration for the fixed income securities increases each year up to a maximum duration of five years. As of the target date, the Underlying Index had approximately a 10% allocation to equity securities. Over the five years following the target date, allocations shift from conservative to more moderately-conservative allocations, allowing for a larger exposure to equities than at the target date ("Moderately-Conservative Allocation"). The securities in the universe are selected using a proprietary methodology developed by Zacks. Investors should note that the allocations listed above, and in the chart below, are as of June 30, 2012. The following chart shows how the investment glidepath for the Fund is expected to gradually shift to a Moderately-Conservative Allocation. The actual asset allocations of the Fund may differ from this chart. The Fund seeks to achieve its final target allocation five years following the target date. <center><img alt="chart" src="g380757g380757g27v59.jpg"></img></center> The following summarizes the principal risks that have been identified for the Fund. <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to stock market risk, which is the risk that stock prices overall will decline over a given period of time. The Fund’s total return, like stock prices generally, will fluctuate within a wide range, so an investor could lose money over short or even long periods. Stock markets tend to be volatile, with periods of rising prices and periods of falling prices. The stock market has been subject to significant volatility recently which has increased the risks associated with an investment in the Fund. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to index risk, which is the risk that securities in the Underlying Index may under-perform fixed income investments or stock market investments that track other markets, segments or sectors. The Advisor does not actively manage the Fund and therefore does not attempt to analyze, quantify or control the risks associated with investing in securities included in, or representative of, the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to large-capitalization risk, which is the risk that large-capitalization companies may grow slower than the overall economy and tend to go in and out of favor based on market and economic conditions. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to small- and mid-capitalization risk, which is the risk that returns from small- and mid-capitalization stocks may trail returns from the overall stock market. Historically, these stocks have been more volatile in price than the large-capitalization stocks. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to non-correlation risk, which is the risk that the securities held by the Fund will not provide investment performance tracking the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to market price risk, which is the risk associated with the fact that the db-X Target Date Shares are listed on NYSE Arca and can be bought and sold in the secondary market at market prices. Although it is expected that the market price of the db-X Target Date Shares typically will approximate its NAV, there may be times when the market price and the NAV differ significantly. Thus, you may pay more than NAV when buying db-X Target Date Shares on the secondary market, and you may receive less than NAV when you sell db-X Target Date Shares. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to foreign securities risk, which is the risk that political and economic events unique to a foreign country or region will affect those markets and their issuers. These events will not necessarily affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign countries are generally denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect (positively or negatively) the value of a Fund’s investments. These currency movements may happen separately from and in response to events that do not otherwise affect the value of the security in the issuer’s home country. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to secondary market risk. Although the db-X Target Date Shares are listed for trading on NYSE Arca, it is possible that an active trading market may not be maintained. Trading of the db-X Target Date Shares on NYSE Arca may be halted if NYSE Arca officials deem such action appropriate, if the db-X Target Date Shares are delisted from NYSE Arca or if the activation of market-wide “circuit breakers” halts stock trading generally. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to REIT risk. The Fund’s investments in the securities of REITs may subject the Fund to the risks associated with the direct ownership of real estate. Also, when investing in REITs, in addition to the advisory fees and other expenses the Fund bears directly in connection with its own operations, the Fund will also bear its pro rata portion of the REITs management fees and other expenses. As such, the Fund’s shareholders would indirectly bear the expenses of the Fund and the REITs, some or all of which would be duplicative. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to fixed income risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the credit risk of individual issuers. Increases in interest rates can cause the prices of the Fund’s fixed income securities to decline, and the level of current income from a portfolio of fixed income securities may decline in certain interest rate environments. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to model risk, which is the risk that the allocation model used to calculate the Underlying Index will not maximize returns and/or minimize risks in accordance with the targeted time horizon for the Underlying Index. The Advisor cannot offer assurance that a particular allocation will be the appropriate allocation in all circumstances for every investor seeking a particular risk profile or time horizon. </blockquote></li></ul>The Fund’s Shares will change in value, and you could lose money by investing in the Fund. The Fund may not achieve its investment objective. An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. Total Returns September 30, 2013 The Fund’s Shares will change in value, and you could lose money by investing in the Fund. After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. 2009-06-30 0.0517 Lowest Return 2008-09-30 0.0139 367 -0.1004 0.0107 0.0107 0.0082 0.0074 -0.0092 0.0161 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAverageAnnualTotalReturnsTransposeddbX2010TargetDateFund column period compact * ~</div> 0.0116 318 0.0088 0.0056 0.0082 0.0215 0.0136 0.0118 322 Investment Objective/Goal Fees and Expenses of the Fund Portfolio Turnover September 30, 2013 -0.2349 0.0088 As its primary strategy, the Fund will invest at least 90% of its assets in the component securities (the "Component Securities") of the Underlying Index, depositary receipts representing Component Securities and investments that have economic characteristics that are substantially identical to the economic characteristics of the Component Securities of the Underlying Index. Such securities may include domestic and international equity securities (including common stocks and real estate investment trusts) and fixed income securities (including bonds, treasury bills and notes, mortgage real estate investment trusts, cash, cash equivalents and short-term money market instruments). The domestic equity portion may include securities from all capitalization ranges. Only investment-grade fixed income securities are eligible for inclusion in the fixed income portion of the Underlying Index. The Fund employs a representative sampling indexing strategy in managing the portfolio by holding equity securities and fixed income securities that, in the aggregate, are intended to approximate the Underlying Index in terms of key characteristics, such as price/earnings ratio, earnings growth, maturity, duration, or dividend yield. The Fund will provide shareholders with at least 60 days' notice of any change in these policies. The Underlying Index is comprised of securities from three broad asset classes: international equities, domestic equities, and fixed income, and is designed to represent a diversified portfolio of securities with the potential to outperform the Lipper Mixed-Asset Target 2020 Index, on a risk adjusted basis. The current allocation of the Underlying Index is approximately 13% in international equities, 42% in domestic equities and 45% in fixed income and will be systematically reconstituted and rebalanced annually, or quarterly when necessary, pursuant to a proprietary methodology developed by Zacks Investment Research ("Zacks"), the creator of the Underlying Index. The weighted average duration for the fixed income securities will, collectively, match the time to the target termination date, December 31, 2020. Following the target date, the duration for the fixed income securities will increase each year up to a maximum duration of five years. Upon reaching the target date, the Underlying Index will have approximately a 10% allocation to equity securities. Over the next five years, allocations shift from conservative to more moderately-conservative allocations, allowing for a larger exposure to equities than at the target date ("Moderately-Conservative Allocation"). The securities in the universe are selected using a proprietary methodology developed by Zacks. Investors should note that the allocations listed above, and in the chart below, are as of June 30, 2012. The following chart shows how the investment glidepath for the Fund is expected to gradually shift to a Moderately-Conservative Allocation. The actual asset allocations of the Fund may differ from this chart. The Fund seeks to achieve its final target allocation five years following the target date. <center><img alt="chart" src="g380757g380757g27v59.jpg"></img></center> <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAverageAnnualTotalReturnsTransposeddbX2020TargetDateFund column period compact * ~</div> Investment Objective/Goal Fees and Expenses of the Fund Portfolio Turnover As its primary strategy, the Fund will invest at least 90% of its assets in the component securities (the "Component Securities") of the Underlying Index, depositary receipts representing Component Securities and investments that have economic characteristics that are substantially identical to the economic characteristics of the Component Securities of the Underlying Index. Such securities may include domestic and international equity securities (including common stocks and real estate investment trusts) and fixed income securities (including bonds, treasury bills and notes, mortgage real estate investment trusts, cash, cash equivalents and short-term money market instruments). The domestic equity portion may include securities from all capitalization ranges. Only investment-grade fixed income securities are eligible for inclusion in the fixed income portion of the Underlying Index. The Fund employs a representative sampling indexing strategy in managing the portfolio by holding equity securities and fixed income securities that, in the aggregate, are intended to approximate the Underlying Index in terms of key characteristics, such as price/earnings ratio, earnings growth, maturity, duration, or dividend yield. The Fund will provide shareholders with at least 60 days' notice of any change in these policies. The Underlying Index is comprised of securities from three broad asset classes: international equities, domestic equities, and fixed income, and is designed to represent a diversified portfolio of securities with the potential to outperform the Lipper Mixed-Asset Target 2030 Index, on a risk adjusted basis. The current allocation of the Underlying Index is approximately 18% in international equities, 58% in domestic equities and 24% in fixed income and will be systematically reconstituted and rebalanced annually, or quarterly when necessary, pursuant to a proprietary methodology developed by Zacks Investment Research ("Zacks"), the creator of the Underlying Index. The weighted average duration for the fixed income securities will, collectively, match the time to the target termination date, December 31, 2030. Following the target date, the duration for the fixed income securities will increase each year up to a maximum duration of five years. Upon reaching the target date, the Underlying Index will have approximately a 10% allocation to equity securities. Over the next five years, allocations shift from conservative to more moderately-conservative allocations, allowing for a larger exposure to equities than at the target date ("Moderately-Conservative Allocation"). The securities in the universe are selected using a proprietary methodology developed by Zacks. Investors should note that the allocations listed above, and in the chart below, are as of June 30, 2012. The following chart shows how the investment glidepath for the Fund is expected to gradually shift to a Moderately-Conservative Allocation. The actual asset allocations of the Fund may differ from this chart. The Fund seeks to achieve its final target allocation five years following the target date. <center><img alt="chart" src="g380757g380757g27v59.jpg"></img></center> The following summarizes the principal risks that have been identified for the Fund. <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to stock market risk, which is the risk that stock prices overall will decline over a given period of time. The Fund’s total return, like stock prices generally, will fluctuate within a wide range, so an investor could lose money over short or even long periods. Stock markets tend to be volatile, with periods of rising prices and periods of falling prices. The stock market has been subject to significant volatility recently which has increased the risks associated with an investment in the Fund.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to index risk, which is the risk that securities in the Underlying Index may under-perform fixed income investments or stock market investments that track other markets, segments or sectors. The Advisor does not actively manage the Fund and therefore does not attempt to analyze, quantify or control the risks associated with investing in securities included in, or representative of, the Underlying Index.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to large-capitalization risk, which is the risk that large-capitalization companies may grow slower than the overall economy and tend to go in and out of favor based on market and economic conditions.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to small- and mid-capitalization risk, which is the risk that returns from small- and mid-capitalization stocks may trail returns from the overall stock market. Historically, these stocks have been more volatile in price than the large-capitalization stocks. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to non-correlation risk, which is the risk that the securities held by the Fund will not provide investment performance tracking the Underlying Index.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to market price risk, which is the risk associated with the fact that the db-X Target Date Shares are listed on NYSE Arca and can be bought and sold in the secondary market at market prices. Although it is expected that the market price of the db-X Target Date Shares typically will approximate its NAV, there may be times when the market price and the NAV differ significantly. Thus, you may pay more than NAV when buying db-X Target Date Shares on the secondary market, and you may receive less than NAV when you sell db-X Target Date Shares.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to foreign securities risk, which is the risk that political and economic events unique to a foreign country or region will affect those markets and their issuers. These events will not necessarily affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign countries are generally denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect (positively or negatively) the value of a Fund’s investments. These currency movements may happen separately from and in response to events that do not otherwise affect the value of the security in the issuer’s home country.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to secondary market risk. Although the db-X Target Date Shares are listed for trading on NYSE Arca, it is possible that an active trading market may not be maintained. Trading of the db-X Target Date Shares on NYSE Arca may be halted if NYSE Arca officials deem such action appropriate, if the db-X Target Date Shares are delisted from NYSE Arca or if the activation of market-wide “circuit breakers” halts stock trading generally.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to REIT risk. The Fund’s investments in the securities of REITs may subject the Fund to the risks associated with the direct ownership of real estate. Also, when investing in REITs, in addition to the advisory fees and other expenses the Fund bears directly in connection with its own operations, the Fund will also bear its pro rata portion of the REITs management fees and other expenses. As such, the Fund’s shareholders would indirectly bear the expenses of the Fund and the REITs, some or all of which would be duplicative.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to fixed income risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the credit risk of individual issuers. Increases in interest rates can cause the prices of the Fund’s fixed income securities to decline, and the level of current income from a portfolio of fixed income securities may decline in certain interest rate environments.</blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to model risk, which is the risk that the allocation model used to calculate the Underlying Index will not maximize returns and/or minimize risks in accordance with the targeted time horizon for the Underlying Index. The Advisor cannot offer assurance that a particular allocation will be the appropriate allocation in all circumstances for every investor seeking a particular risk profile or time horizon.</blockquote></li></ul>The Fund’s Shares will change in value, and you could lose money by investing in the Fund. The Fund may not achieve its investment objective. An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. Total Returns The following summarizes the principal risks that have been identified for the Fund. <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to stock market risk, which is the risk that stock prices overall will decline over a given period of time. The Fund’s total return, like stock prices generally, will fluctuate within a wide range, so an investor could lose money over short or even long periods. Stock markets tend to be volatile, with periods of rising prices and periods of falling prices. The stock market has been subject to significant volatility recently which has increased the risks associated with an investment in the Fund. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to index risk, which is the risk that securities in the Underlying Index may under-perform fixed income investments or stock market investments that track other markets, segments or sectors. The Advisor does not actively manage the Fund and therefore does not attempt to analyze, quantify or control the risks associated with investing in securities included in, or representative of, the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to large-capitalization risk, which is the risk that large-capitalization companies may grow slower than the overall economy and tend to go in and out of favor based on market and economic conditions. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to small- and mid-capitalization risk, which is the risk that returns from small- and mid-capitalization stocks may trail returns from the overall stock market. Historically, these stocks have been more volatile in price than the large-capitalization stocks. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to non-correlation risk, which is the risk that the securities held by the Fund will not provide investment performance tracking the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to market price risk, which is the risk associated with the fact that the db-X Target Date Shares are listed on NYSE Arca and can be bought and sold in the secondary market at market prices. Although it is expected that the market price of the db-X Target Date Shares typically will approximate its NAV, there may be times when the market price and the NAV differ significantly. Thus, you may pay more than NAV when buying db-X Target Date Shares on the secondary market, and you may receive less than NAV when you sell db-X Target Date Shares. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to foreign securities risk, which is the risk that political and economic events unique to a foreign country or region will affect those markets and their issuers. These events will not necessarily affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign countries are generally denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect (positively or negatively) the value of a Fund’s investments. These currency movements may happen separately from and in response to events that do not otherwise affect the value of the security in the issuer’s home country. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to secondary market risk. Although the db-X Target Date Shares are listed for trading on NYSE Arca, it is possible that an active trading market may not be maintained. Trading of the db-X Target Date Shares on NYSE Arca may be halted if NYSE Arca officials deem such action appropriate, if the db-X Target Date Shares are delisted from NYSE Arca or if the activation of market-wide “circuit breakers” halts stock trading generally. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to REIT risk. The Fund’s investments in the securities of REITs may subject the Fund to the risks associated with the direct ownership of real estate. Also, when investing in REITs, in addition to the advisory fees and other expenses the Fund bears directly in connection with its own operations, the Fund will also bear its pro rata portion of the REITs management fees and other expenses. As such, the Fund’s shareholders would indirectly bear the expenses of the Fund and the REITs, some or all of which would be duplicative. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to fixed income risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the credit risk of individual issuers. Increases in interest rates can cause the prices of the Fund’s fixed income securities to decline, and the level of current income from a portfolio of fixed income securities may decline in certain interest rate environments. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to model risk, which is the risk that the allocation model used to calculate the Underlying Index will not maximize returns and/or minimize risks in accordance with the targeted time horizon for the Underlying Index. The Advisor cannot offer assurance that a particular allocation will be the appropriate allocation in all circumstances for every investor seeking a particular risk profile or time horizon. </blockquote></li></ul>The Fund’s Shares will change in value, and you could lose money by investing in the Fund. The Fund may not achieve its investment objective. An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. -0.3369 0.0265 Investment Objective/Goal 0.0265 0.0221 0.021 -0.0114 0.0369 Fees and Expenses of the Fund Portfolio Turnover As its primary strategy, the Fund will invest at least 90% of its assets in the component securities (the "Component Securities") of the Underlying Index, depositary receipts representing Component Securities and investments that have economic characteristics that are substantially identical to the economic characteristics of the Component Securities of the Underlying Index. Such securities may include domestic and international equity securities (including common stocks and real estate investment trusts) and fixed income securities (including bonds, treasury bills and notes, mortgage real estate investment trusts, cash, cash equivalents and short-term money market instruments). The domestic equity portion may include securities from all capitalization ranges. Only investment-grade fixed income securities are eligible for inclusion in the fixed income portion of the Underlying Index. The Fund employs a representative sampling indexing strategy in managing the portfolio by holding equity securities and fixed income securities that, in the aggregate, are intended to approximate the Underlying Index in terms of key characteristics, such as price/earnings ratio, earnings growth, maturity, duration, or dividend yield. The Fund will provide shareholders with at least 60 days' notice of any change in these policies. The Underlying Index is comprised of securities from three broad asset classes: international equities, domestic equities, and fixed income, and is designed to represent a diversified portfolio of securities with the potential to outperform the Lipper Mixed-Asset Target 2030+ Index, on a risk adjusted basis. The current allocation of the Underlying Index is approximately 21% in international equities, 72% in domestic equities and 7% in fixed income and will be systematically reconstituted and rebalanced annually, or quarterly when necessary, pursuant to a proprietary methodology developed by Zacks Investment Research ("Zacks"), the creator of the Underlying Index. The weighted average duration for the fixed income securities will, collectively, approximate as nearly as possible the time to the target termination date, December 31, 2040. Following the target date, the duration for the fixed income securities will increase each year up to a maximum duration of five years. Upon reaching the target date, the Underlying Index will have approximately a 10% allocation to equity securities. Over the next five years, allocations shift from conservative to more moderately-conservative allocations, allowing for a larger exposure to equities than at the target date ("Moderately-Conservative Allocation"). The securities in the universe are selected using a proprietary methodology developed by Zacks. Investors should note that the allocations listed above, and in the chart below, are as of June 30, 2012. The following chart shows how the investment glidepath for the Fund is expected to gradually shift to a Moderately-Conservative Allocation. The actual asset allocations of the Fund may differ from this chart. The Fund seeks to achieve its final target allocation five years following the target date. <center><img alt="chart" src="g380757g380757g27v59.jpg"></img></center> Total Returns Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. September 30, 2013 The Fund’s Shares will change in value, and you could lose money by investing in the Fund. After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 0.012 The Fund’s Shares will change in value, and you could lose money by investing in the Fund. 326 -0.3743 -0.0037 2009-06-30 0.1767 Lowest Return 2008-12-31 -0.0037 -0.0066 0.0013 -0.0357 -0.0002 0.1161 2009-06-30 Lowest Return 2008-12-31 September 30, 2013 Total Returns Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. The Fund’s Shares will change in value, and you could lose money by investing in the Fund. After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. 2009-06-30 0.1569 Lowest Return 2008-12-31 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAverageAnnualTotalReturnsTransposeddbX2040TargetDateFund column period compact * ~</div> <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAverageAnnualTotalReturnsTransposeddbX2030TargetDateFund column period compact * ~</div> Investment Objective/Goal Fees and Expenses of the Fund Portfolio Turnover Principal Investment Strategies As its primary strategy, the Fund will invest at least 90% of its assets in the component securities (the "Component Securities") of the Underlying Index, depositary receipts representing Component Securities and investments that have economic characteristics that are substantially identical to the economic characteristics of the Component Securities of the Underlying Index. Such securities may include domestic and international equity securities (including common stocks and real estate investment trusts) and fixed income securities (including bonds, treasury bills and notes, mortgage real estate investment trusts, cash, cash equivalents and short-term money market instruments). The domestic equity portion may include securities from all capitalization ranges. Only investment-grade fixed income securities are eligible for inclusion in the fixed income portion of the Underlying Index. The Fund employs a representative sampling indexing strategy in managing the portfolio by holding equity securities and fixed income securities that, in the aggregate, are intended to approximate the Underlying Index in terms of key characteristics, such as price/earnings ratio, earnings growth, maturity, duration, or dividend yield. The Fund will provide shareholders with at least 60 days' notice of any change in these policies. The Underlying Index is comprised of securities from three broad asset classes: international equities, domestic equities, and fixed income, and is designed to represent a diversified portfolio of securities with the potential to outperform the Lipper Mixed-Target Allocation Conservative Funds Index, on a risk adjusted basis. The Underlying Index is designed for persons who are at or near their target date at the time of investment and has a current allocation of approximately 6% in international equities, 22% in domestic equities and 72% in fixed income and will be systematically reconstituted and rebalanced annually, or quarterly when necessary, pursuant to a proprietary methodology developed by Zacks Investment Research ("Zacks"), the creator of the Underlying Index. Since the inception of the Fund, the duration for the fixed income securities increase each year up to a maximum duration of five years. At inception, the Underlying Index had approximately a 10% allocation to equity securities. Over the next two years, allocations will shift from conservative to more moderately-conservative allocations, allowing for a larger exposure to equities than at inception ("Moderately-Conservative Allocation"). The securities in the universe are selected using a proprietary methodology developed by Zacks. Investors should note that the allocations listed above, and in the table below, are as of June 30, 2012. The following chart shows how the investment glidepath for the Fund is expected to gradually shift to a Moderately-Conservative Allocation. The actual asset allocations of the Fund may differ from this chart. The Fund seeks to achieve its final target allocation five years following the target date. <center><img alt="chart" src="g380757g380757g27v59.jpg"></img></center> The following summarizes the principal risks that have been identified for the Fund. <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to stock market risk, which is the risk that stock prices overall will decline over a given period of time. The Fund’s total return, like stock prices generally, will fluctuate within a wide range, so an investor could lose money over short or even long periods. Stock markets tend to be volatile, with periods of rising prices and periods of falling prices. The stock market has been subject to significant volatility recently which has increased the risks associated with an investment in the Fund. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to index risk, which is the risk that securities in the Underlying Index may under-perform fixed income investments or stock market investments that track other markets, segments or sectors. The Advisor does not actively manage the Fund and therefore does not attempt to analyze, quantify or control the risks associated with investing in securities included in, or representative of, the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to large-capitalization risk, which is the risk that large-capitalization companies may grow slower than the overall economy and tend to go in and out of favor based on market and economic conditions. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to small- and mid-capitalization risk, which is the risk that returns from small- and mid-capitalization stocks may trail returns from the overall stock market. Historically, these stocks have been more volatile in price than the large-capitalization stocks. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to non-correlation risk, which is the risk that the securities held by the Fund will not provide investment performance tracking the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to market price risk, which is the risk associated with the fact that the db-X Target Date Shares are listed on NYSE Arca and can be bought and sold in the secondary market at market prices. Although it is expected that the market price of the db-X Target Date Shares typically will approximate its NAV, there may be times when the market price and the NAV differ significantly. Thus, you may pay more than NAV when buying db-X Target Date Shares on the secondary market, and you may receive less than NAV when you sell db-X Target Date Shares. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to foreign securities risk, which is the risk that political and economic events unique to a foreign country or region will affect those markets and their issuers. These events will not necessarily affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign countries are generally denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect (positively or negatively) the value of a Fund’s investments. These currency movements may happen separately from and in response to events that do not otherwise affect the value of the security in the issuer’s home country. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to secondary market risk. Although the db-X Target Date Shares are listed for trading on NYSE Arca, it is possible that an active trading market may not be maintained. Trading of the db-X Target Date Shares on NYSE Arca may be halted if NYSE Arca officials deem such action appropriate, if the db-X Target Date Shares are delisted from NYSE Arca or if the activation of market-wide “circuit breakers” halts stock trading generally. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to REIT risk. The Fund’s investments in the securities of REITs may subject the Fund to the risks associated with the direct ownership of real estate. Also, when investing in REITs, in addition to the advisory fees and other expenses the Fund bears directly in connection with its own operations, the Fund will also bear its pro rata portion of the REITs management fees and other expenses. As such, the Fund’s shareholders would indirectly bear the expenses of the Fund and the REITs, some or all of which would be duplicative. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to fixed income risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the credit risk of individual issuers. Increases in interest rates can cause the prices of the Fund’s fixed income securities to decline, and the level of current income from a portfolio of fixed income securities may decline in certain interest rate environments. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to model risk, which is the risk that the allocation model used to calculate the Underlying Index will not maximize returns and/or minimize risks in accordance with the targeted time horizon for the Underlying Index. The Advisor cannot offer assurance that a particular allocation will be the appropriate allocation in all circumstances for every investor seeking a particular risk profile or time horizon. </blockquote></li></ul>The Fund’s Shares will change in value, and you could lose money by investing in the Fund. The Fund may not achieve its investment objective. An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. 0.0136 361 -0.0004 -0.0018 -0.0008 0.0549 0.0056 Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. -0.02 -0.0004 The following summarizes the principal risks that have been identified for the Fund. <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to stock market risk, which is the risk that stock prices overall will decline over a given period of time. The Fund’s total return, like stock prices generally, will fluctuate within a wide range, so an investor could lose money over short or even long periods. Stock markets tend to be volatile, with periods of rising prices and periods of falling prices. The stock market has been subject to significant volatility recently which has increased the risks associated with an investment in the Fund. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to index risk, which is the risk that securities in the Underlying Index may under-perform fixed income investments or stock market investments that track other markets, segments or sectors. The Advisor does not actively manage the Fund and therefore does not attempt to analyze, quantify or control the risks associated with investing in securities included in, or representative of, the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to large-capitalization risk, which is the risk that large-capitalization companies may grow slower than the overall economy and tend to go in and out of favor based on market and economic conditions. </blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to small- and mid-capitalization risk, which is the risk that returns from small- and mid-capitalization stocks may trail returns from the overall stock market. Historically, these stocks have been more volatile in price than the large-capitalization stocks. </blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to non-correlation risk, which is the risk that the securities held by the Fund will not provide investment performance tracking the Underlying Index. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to market price risk, which is the risk associated with the fact that the db-X Target Date Shares are listed on NYSE Arca and can be bought and sold in the secondary market at market prices. Although it is expected that the market price of the db-X Target Date Shares typically will approximate its NAV, there may be times when the market price and the NAV differ significantly. Thus, you may pay more than NAV when buying db-X Target Date Shares on the secondary market, and you may receive less than NAV when you sell db-X Target Date Shares. </blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to foreign securities risk, which is the risk that political and economic events unique to a foreign country or region will affect those markets and their issuers. These events will not necessarily affect the U.S. economy or similar issuers located in the United States. In addition, investments in foreign countries are generally denominated in a foreign currency. As a result, changes in the value of those currencies compared to the U.S. dollar may affect (positively or negatively) the value of a Fund’s investments. These currency movements may happen separately from and in response to events that do not otherwise affect the value of the security in the issuer’s home country. </blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to secondary market risk. Although the db-X Target Date Shares are listed for trading on NYSE Arca, it is possible that an active trading market may not be maintained. Trading of the db-X Target Date Shares on NYSE Arca may be halted if NYSE Arca officials deem such action appropriate, if the db-X Target Date Shares are delisted from NYSE Arca or if the activation of market-wide “circuit breakers” halts stock trading generally. </blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to REIT risk. The Fund’s investments in the securities of REITs may subject the Fund to the risks associated with the direct ownership of real estate. Also, when investing in REITs, in addition to the advisory fees and other expenses the Fund bears directly in connection with its own operations, the Fund will also bear its pro rata portion of the REITs management fees and other expenses. As such, the Fund’s shareholders would indirectly bear the expenses of the Fund and the REITs, some or all of which would be duplicative. </blockquote></li></ul> <ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to fixed income risk. The prices of fixed income securities respond to economic developments, particularly interest rate changes, as well as to perceptions about the credit risk of individual issuers. Increases in interest rates can cause the prices of the Fund’s fixed income securities to decline, and the level of current income from a portfolio of fixed income securities may decline in certain interest rate environments. </blockquote></li></ul><ul type="square"><li style="margin-left:-20px"><blockquote>The Fund is subject to model risk, which is the risk that the allocation model used to calculate the Underlying Index will not maximize returns and/or minimize risks in accordance with the targeted time horizon for the Underlying Index. The Advisor cannot offer assurance that a particular allocation will be the appropriate allocation in all circumstances for every investor seeking a particular risk profile or time horizon. </blockquote></li></ul>The Fund’s Shares will change in value, and you could lose money by investing in the Fund. The Fund may not achieve its investment objective. An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund’s Shares will change in value, and you could lose money by investing in the Fund. September 30, 2013 After-tax returns in the table below are calculated using the highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold Shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. Lowest Return 0.0348 2009-09-30 2011-09-30 Total Returns Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. Investors may pay brokerage commissions on their purchases and sales of Shares, which are not reflected in the table or the example below. 2012-09-28 false 2012-09-28 The Fund seeks to track the performance, before fees and expenses, of the Zacks 2010 Lifecycle Index (the “Underlying Index”). The Fund’s investment objective is not fundamental and may be changed without shareholder approval. Shareholders will be given 60 days’ notice of any change in investment objective. Principal Risks of Investing in the Fund Performance Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. The bar chart that follows shows the annual total returns of the Fund for each full calendar year since the Fund commenced operations. The table that follows the bar chart shows the Fund’s average annual total returns, both before and after taxes. The table also shows how the Fund’s performance compares to the Zacks 2010 Lifecycle Index and that of a relevant broad-based securities index. Index returns do not reflect deductions of fees, expenses or taxes. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available online at http://dbxstrategicadvisors.db.com. 0.65 An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The Fund’s year-to-date total return as of June 30, 2012 Highest Return -0.0457 0.0065 0.0074 0.0065 1604 0.0907 0.0419 0.0092 0.0398 0.0016 -0.001 0.0067 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleExpenseExampleTransposeddbX2010TargetDateFund column period compact * ~</div> 0.0065 0.0051 0.0065 1363 -0.0069 -0.0129 -0.0187 0.0155 -0.0046 The Fund seeks to track the performance, before fees and expenses, of the Zacks 2020 Lifecycle Index (the “Underlying Index”). The Fund’s investment objective is not fundamental and may be changed without shareholder approval. Shareholders will be given 60 days’ notice of any change in investment objective. 0.0065 0.0053 0.0065 1385 Principal Risks of Investing in the Fund Performance The Fund seeks to track the performance, before fees and expenses, of the Zacks 2040 Lifecycle Index (the “Underlying Index”). The Fund’s investment objective is not fundamental and may be changed without shareholder approval. Shareholders will be given 60 days’ notice of any change in investment objective. 0.55 0.1738 0.097 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleExpenseExampleTransposeddbX2020TargetDateFund column period compact * ~</div> Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. The bar chart that follows shows the annual total returns of the Fund for each full calendar year since the Fund commenced operations. The table that follows the bar chart shows the Fund’s average annual total returns, both before and after taxes. The table also shows how the Fund’s performance compares to the Zacks 2040 Lifecycle Index and that of a relevant broad-based securities index. Index returns do not reflect deductions of fees, expenses or taxes. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available online at http://dbxstrategicadvisors.db.com. The Fund seeks to track the performance, before fees and expenses, of the Zacks 2030 Lifecycle Index (the “Underlying Index”). The Fund’s investment objective is not fundamental and may be changed without shareholder approval. Shareholders will be given 60 days’ notice of any change in investment objective. Principal Risks of Investing in the Fund Performance 0.2105 0.1126 -0.0289 -0.0332 -0.0259 -0.0256 -0.0046 Principal Risks of Investing in the Fund Performance 0.34 An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. 0.0065 0.0055 0.0065 An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. 1406 0.245 0.1195 Highest Return -0.2101 The Fund's year-to-date total return as of June 30, 2012 The Fund’s year-to-date total return as of June 30, 2012 Highest Return -0.0422 -0.0452 -0.036 -0.0161 -0.0407 -0.0961 0.4 An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. The Fund’s year-to-date total return as of June 30, 2012, was 6.87%. Highest Return -0.1729 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleExpenseExampleTransposeddbX2040TargetDateFund column period compact * ~</div> <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleExpenseExampleTransposeddbX2030TargetDateFund column period compact * ~</div> The Fund seeks to track the performance, before fees and expenses, of the Zacks In-Target Lifecycle Index (the “Underlying Index”). The Fund’s investment objective is not fundamental and may be changed without shareholder approval. Shareholders will be given 60 days’ notice of any change in investment objective. Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. The bar chart that follows shows the annual total returns of the Fund for each full calendar year since the Fund commenced operations. The table that follows the bar chart shows the Fund’s average annual total returns, both before and after taxes. The table also shows how the Fund’s performance compares to the Zacks 2020 Lifecycle Index and that of a relevant broad-based securities index. Index returns do not reflect deductions of fees, expenses or taxes. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available online at http://dbxstrategicadvisors.db.com. Principal Risks of Investing in the Fund Performance Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. The bar chart that follows shows the annual total returns of the Fund for each full calendar year since the Fund commenced operations. The table that follows the bar chart shows the Fund’s average annual total returns, both before and after taxes. The table also shows how the Fund’s performance compares to the Zacks In-Target Lifecycle Index and that of a relevant broad-based securities index. Index returns do not reflect deductions of fees, expenses or taxes. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available online at http://dbxstrategicadvisors.db.com. 0.0065 0.0071 0.0065 1573 0.0165 0.0214 0.0156 0.0524 0.0227 0.0599 0.0427 <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleExpenseExampleTransposeddbXInTargetDateFund column period compact * ~</div> <div style="display:none">~ http://www.dbxstrategicadvisors.db.com/role/ScheduleAverageAnnualTotalReturnsTransposeddbXInTargetDateFund column period compact * ~</div> An investment in the Fund is not a deposit with a bank and is not insured or guaranteed by the FDIC or any other government agency. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. 0.59 Highest Return -0.0451 The Fund's year-to-date total return as of June 30, 2012 Historical Fund performance, which varies over time, can provide an indication of the risks of investing in the Fund. The bar chart that follows shows the annual total returns of the Fund for each full calendar year since the Fund commenced operations. The table that follows the bar chart shows the Fund’s average annual total returns, both before and after taxes. The table also shows how the Fund’s performance compares to the Zacks 2030 Lifecycle Index and that of a relevant broad-based securities index. Index returns do not reflect deductions of fees, expenses or taxes. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available online at http://dbxstrategicadvisors.db.com. DBX Strategic Advisors LLC (the "Advisor") has contractually agreed to pay Fund operating expenses (excluding, among other things, acquired fund fees and expenses, interest, taxes, brokerage commissions and extraordinary expenses) in order to limit Net Annual Operating Expenses for shares of the Fund to 0.65% of the Fund's average net assets (the "Expense Cap"). The Expense Cap will remain in effect until at least September 30, 2013 and may not be terminated by the Advisor before that time. The Advisor is permitted to be reimbursed for fee reductions and/or expense payments made in the prior three fiscal years. DBX Strategic Advisors LLC (the "Advisor") has contractually agreed to pay Fund operating expenses (excluding, among other things, acquired fund fees and expenses, interest, taxes, brokerage commissions and extraordinary expenses) in order to limit Net Annual Operating Expenses for shares of the Fund to 0.65% of the Fund's average net assets (the "Expense Cap"). The Expense Cap will remain in effect until at least September 30, 2013 and may not be terminated by the Advisor before that time. The Advisor is permitted to be reimbursed for fee reductions and/or expense payments made in the prior three fiscal years.