LONDON – Xtrackers (IE) plc, an investment firm, has announced upcoming changes to the names of the benchmark indexes for a selection of exchange-traded funds (ETFs). The amendments, notified by MSCI Ltd., the index manager, will come into effect on February 3, 2025.
The rebranding will impact different funds under the Xtrackers umbrella, specifically those that previously included the term “ESG Screened” in the names of their reference indexes. Following the change, the indexes will drop the “ESG Screened” designation, reflecting the simplified naming convention.
For example, the Xtrackers MSCI Japan Screened UCITS ETF will be renamed the Xtrackers MSCI Japan Screened UCITS ETF, and similar changes will apply to the MSCI AC World and MSCI USA ESG Screened UCITS ETFs. However, the company clarified that the names of Xtrackers are MSCI Innovation, Fintech Innovation, Genomic Healthcare Innovation, and the next (LON:) Internet Innovation Generation UCITS ETFs will remain unchanged.
Despite the renaming, the investment objectives, policies, risks and fees of each fund will not change. In addition, the Funds will continue to comply with the disclosure requirements set out in Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).
Revised documentation reflecting these updates, including the Supplement and Basic Information Document for each Fund, will be made available on the Xtrackers website around the effective date of the changes. Shareholders seeking clarification or advice are encouraged to contact their financial advisors or contact the Company directly.
This announcement is based on a press release and does not constitute an endorsement of Xtrackers or its products.
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