LONDON - Xtrackers, an investment company with variable capital, has announced changes to the reference indices of three of its exchange-traded funds (ETFs), effective as of Monday. The ETFs affected are the Xtrackers MSCI AC Asia ex Japan ESG Swap UCITS ETF, Xtrackers MSCI EM Latin America ESG Swap UCITS ETF, and Xtrackers MSCI EM Europe, Middle East & Africa ESG Swap UCITS ETF.
The modifications, which were implemented following an ordinary index review by MSCI Limited on November 26, 2024, include renaming the reference indices and enhancing the Environmental, Social, and Governance (ESG) exclusion criteria.
The updated names of the indices reflect a shift from "Low Carbon SRI Leaders" to "Low Carbon SRI Selection Capped" for each respective ETF. Additionally, the ESG Exclusion Criteria now incorporate an oil & gas screen and an enhanced power generation screen, which will exclude companies involved in certain industries based on the value-based criteria and thresholds from the MSCI SRI Indexes methodology.
The new exclusion criteria are more extensive, including alcohol, tobacco, gambling, adult entertainment, genetically modified organisms, civilian firearms, oil & gas, nuclear weapons, thermal coal, fossil fuel, and fossil fuel-based power generation. Companies with any involvement in controversial weapons are also explicitly excluded.
Despite these changes, the investment objectives, policies, risk profiles, and fees of the Sub-Funds remain unchanged. The revised prospectus, reflecting these updates, will be made available on the Xtrackers website. Shareholders are advised to consult with their financial advisors for specific implications of these changes.
This announcement is based on a press release statement issued by Xtrackers and does not involve any UK sustainable investment labelling and disclosure requirements. For more information, shareholders and investors may contact the legal entities listed in the original press release or send an email to the provided address.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.