Xtrackers (IE) Public Limited Company - Xtrackers MSCI World Consumer Discretionary UCITS ETF is an exchange-traded fund launched by Concept Fund Solutions Public Limited Company. It is co-managed by Deutsche International Corporate Services (Ireland) Limited, Deutsche Asset Management (UK) Limited, and Deutsche Asset Management Investment GmbH. The fund invests in the public equity markets of developed countries across the globe. It seeks to invest in the stocks of companies operating in the consumer discretionary sector, which include companies which provide non-essential goods or services. The fund invests in the stocks of large-cap and mid-cap companies. It seeks to replicate the performance of the MSCI World Consumer Discretionary Total Return Net Index, by employing representative sampling methodology. The fund was formerly known as Concept Fund Solutions plc - db x-trackers MSCI World Consumer Discretionary Index UCITS ETF (DR). Xtrackers (IE) Public Limited Company - Xtrackers MSCI World Consumer Discretionary UCITS ETF was formed on November 22, 2010 and is domiciled in Ireland.