db X-trackers Municipal Infrastructure Revenue Bond ETF SUB-ADVISORY AGREEMENT DBX ADVISORS LLC New York, New York 10005Sub-Advisory Agreement • May 21st, 2013 • DBX ETF Trust • New York
AGREEMENT made this 25th day of March, 2013, between DBX ADVISORS LLC (“us”, “we” or the “Adviser”) and Deutsche Investment Management Americas Inc. (“you”, “your” or the “Sub-Adviser”), on behalf of db X-trackers Municipal Infrastructure Revenue Bond ETF (the “Fund”), a series of DBX ETF Trust, (the “Trust”), a registered open-end management investment company under the Investment Company Act of 1940, as amended (the “1940 Act”), and organized as a statutory trust under the laws of the State of Delaware. In furtherance of such duties to the Fund, and with the approval of the Fund, we wish to avail ourselves of your investment advisory and investment management services. Accordingly, with the acceptance of the Fund, we hereby agree with you as follows for the duration of this Agreement:
