LONDON - Xtrackers (IE) plc, an investment company, has announced upcoming changes to the names of the reference indexes for a selection of its exchange-traded funds (ETFs). The modifications, informed by MSCI Limited, the Index Administrator, will take effect on February 3, 2025.
The rebranding will affect various funds under the Xtrackers umbrella, specifically those that previously included the term "ESG Screened" in their reference index names. Post-change, the indexes will drop the "ESG Screened" designation, reflecting a streamlined naming convention.
For instance, the Xtrackers MSCI Japan ESG Screened UCITS ETF will be renamed to Xtrackers MSCI Japan Screened UCITS ETF, and similar changes will apply to the MSCI AC World, MSCI World, and MSCI USA ESG Screened UCITS ETFs. However, the company clarified that the names of the Xtrackers MSCI Innovation, Fintech Innovation, Genomic Healthcare Innovation, and Next (LON:NXT) Generation Internet Innovation UCITS ETFs will remain unchanged.
Despite the renaming, the investment objectives, policies, risk profiles, and fees for each fund will not be altered. Additionally, the funds will continue to adhere to the disclosure requirements stipulated under Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).
Revised documentation reflecting these updates, including the supplement and key 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 reach out to the company directly.
This announcement is based on a press release statement and does not constitute an endorsement of Xtrackers or its products.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.