LONDON - Xtrackers (IE) plc, the Dublin-registered investment company, announced that MSCI Limited will rename the reference indices of several of its exchange-traded funds (ETFs) effective February 3, 2025. The company stated that the changes will not affect the investment objectives, policies, risk profiles, or fees associated with the funds.
The modifications include the removal of the "ESG Screened" label from the names of the reference indices, aligning them with the new titles. For instance, the MSCI Japan Select ESG Screened Index will become the MSCI Japan Select Screened Index. Consequently, the names of corresponding Xtrackers ETFs will also change. The Xtrackers MSCI Japan ESG Screened UCITS ETF will be renamed Xtrackers MSCI Japan Screened UCITS ETF, among other similar updates.
However, the names of 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.
The company assured shareholders that despite the renaming, the ETFs will continue to meet the disclosure requirements of a financial product under Article 8(1) of SFDR, indicating a focus on sustainability factors in their investment approach.
Updated documentation, including the revised Supplement and the key information document for each fund, will be available on the Xtrackers website around the effective date of the change. Shareholders seeking clarity on the updates or their implications have been advised to consult independent financial advisors or reach out to the company through the provided contact channels.
This announcement is based on a press release statement from Xtrackers (IE) plc.
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