SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUS

Xtrackers MSCI Kokusai Equity ETF (KOKU)

Effective March 1, 2021, the fund will generally declare and pay dividends from net investment income quarterly; prior to March 1, 2021, the fund pays these dividends annually.

Please Retain This Supplement for Future Reference

November 23, 2020

PROSTKR20-51