TSX runs higher on rate cut expectations
LONDON - iShares II plc, the provider of the iShares MSCI World Islamic UCITS ETF (ISIN:IE00B27YCN58), has announced upcoming changes to its MSCI World Islamic Index, as informed by the index provider Morgan Stanley (NYSE:MS) Capital International (MSCI). Starting around June 2, 2025, issuer capping will be applied to the index’s constituents. This adjustment is aimed at enhancing diversification and managing concentration risk within the index.
The company has also indicated that a revised version of its prospectus will be published to reflect these changes, coinciding with the effective date of the index adjustments. Shareholders and interested parties will be able to access an electronic copy of the full shareholder letter, which will be made available for inspection on the Financial Conduct Authority’s National Storage Mechanism and for download from the iShares website.
iShares has provided contact information for investors with inquiries regarding the forthcoming changes. Depending on their location, investors can reach out to iShares via specified email addresses and helpline telephone numbers for the United Kingdom (TADAWUL:4280), Germany, and Switzerland.
The announcement by iShares II plc is based on a press release statement and is intended to keep investors informed about the modifications to the index, which may influence the performance and composition of the iShares MSCI World Islamic UCITS ETF. The changes underscore the ongoing efforts by index providers and fund managers to ensure that investment products remain aligned with the objectives and risk profiles they represent.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.