Xtrackers II EUR Corporate Bond Short Duration SRI PAB UCITS ETF 1C is an exchange-traded fund that provides investors with exposure to a portfolio of euro-denominated, investment-grade corporate bonds with short durations ranging from 1 month to under 5 years. It tracks the Bloomberg MSCI Euro Corporate SRI 0-5 Year PAB Index, employing physical replication through direct investment in these bonds, and follows a passive, long-only strategy. The fund emphasizes sustainability by selecting issuers with MSCI ESG ratings of BBB or higher, excluding those involved in controversial activities like tobacco, gambling, or nuclear power, and aligning with Paris Agreement objectives via decarbonization targets and EU Paris-Aligned Benchmark standards. Domiciled in Luxembourg and launched on July 23, 2020, it features an accumulating distribution policy, a low total expense ratio of 0.16% p.a., and manages assets around EUR 1.7 billion. Holdings span sectors such as finance, telecommunications, and pharmaceuticals, including bonds from issuers like UBS Group, Microsoft, and Deutsche Telekom. This ETF serves a key role in the fixed-income market by offering a cost-efficient, liquid vehicle for ESG-focused short-duration corporate bond exposure, catering to investors seeking income with reduced interest rate risk and ethical alignment.