LONDON - Xtrackers (IE) plc, an investment company with variable capital, has announced upcoming changes to the names of the reference indices for a selection of its exchange-traded funds (ETFs). The modifications, set to take effect on February 3, 2025, were communicated to the company by MSCI Limited, the index administrator, on December 16, 2024.
The changes will see the term 'ESG Screened' removed from the current reference index names, reflecting a shift to a more streamlined nomenclature. For instance, the MSCI Japan Select ESG Screened Index will become the MSCI Japan Select Screened Index, and similar changes will apply to other funds, such as those tracking the MSCI AC World, MSCI World, and MSCI USA indices.
Despite the renaming of the indices, the investment objectives, policies, risk profiles, and fees for each fund will remain the same. The funds will also continue to adhere to the disclosure requirements under Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).
The board of directors of Xtrackers has resolved that, in line with the index name changes, the names of several funds will be amended accordingly. However, the names of the Xtrackers MSCI Innovation UCITS ETF, Xtrackers MSCI Fintech Innovation UCITS ETF, Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF, and Xtrackers MSCI Next (LON:NXT) Generation Internet Innovation UCITS ETF will remain unchanged.
Revised documentation reflecting these updates, including the supplement and the key information document for each affected fund, will be available on the company's website around the effective date of the changes. Shareholders seeking clarity or advice regarding these changes are encouraged to consult with their financial advisors.
This announcement is based on a press release statement from Xtrackers (IE) plc.
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