LONDON – Xtrackers (IE) plc, an funding firm, has introduced upcoming modifications to the names of benchmarks for a number of its exchange-traded funds (ETFs). The modifications, knowledgeable by MSCI Restricted, the index administrator, will come into impact on February 3, 2025.
The rebranding will have an effect on numerous funds below the Xtrackers umbrella, notably those who beforehand included the time period “ESG Screened” of their benchmark title. Following the change, the indices will lose the “ESG Screened” designation, reflecting a simplified naming conference.
For instance, the Xtrackers MSCI Japan ESG Screened UCITS ETF will likely be renamed the Xtrackers MSCI Japan Screened UCITS ETF, and related modifications will apply to the MSCI AC World and MSCI USA ESG Screened UCITS ETFs. Nonetheless, the corporate clarified that the names of the Xtrackers MSCI Innovation, Fintech Innovation, Genomic Healthcare Innovation and Following (LON:) The UCITS Technology Web Innovation ETFs will stay unchanged.
Regardless of the title change, the funding aims, insurance policies, danger profiles and costs of every fund won’t be modified. Moreover, the funds will proceed to adjust to the disclosure necessities stipulated in Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).
Revised documentation reflecting these updates, together with the complement and key data doc for every fund, will likely be made out there on the Xtrackers web site across the efficient date of the modifications. Shareholders in search of clarification or recommendation are inspired to contact their monetary advisors or contact the Firm instantly.
This announcement relies on a press launch and doesn’t represent an endorsement of Xtrackers or its merchandise.
This text was generated with the help of AI and reviewed by an editor. For extra data, seek the advice of our Common Phrases and Situations.
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