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LONDON - Xtrackers FTSE Vietnam Swap UCITS ETF will change its reference index from the FTSE Vietnam Index to the STOXX Vietnam Total (EPA:TTEF) Market Liquid Index between July 17 and October 16, 2025, according to a company press release.
The fund will also be renamed Xtrackers Vietnam Swap UCITS ETF once the transition is complete. The exact effective date will be announced on the company’s website after implementation.
The board of directors stated the change is part of the company’s ongoing product review and is being made due to "the greater liquidity of the new reference index." The STOXX Vietnam Total Market Liquid Index is designed to track Vietnamese stocks while controlling for liquidity and foreign ownership availability.
During the transition period, the fund’s portfolio may be partially exposed to swap transactions on both the current and new reference indices. The investment manager will work to minimize the duration of this transition period, though shareholders should note the fund may temporarily experience higher tracking error than usual.
The fund’s fee structure will remain unchanged. Transaction (JO:NTUJ) costs related to the changes will be borne by the fund.
Shareholders who do not agree with these changes can redeem their shares without redemption charges until 5:00 p.m. Luxembourg time on July 16, 2025, if trading on the primary market. Secondary market sales through stock exchanges may still incur costs not controlled by the company.
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