Xtrackers ETFs Set for Significant Name Changes Soon

Xtrackers ETFs to Undergo Notable Name Changes

Xtrackers (IE) plc, renowned for its innovative investment solutions, has announced an important change concerning two of its exchange-traded funds (ETFs), set to take effect on February 10, 2025. This transformation is part of their ongoing commitment to align their products with evolving market standards.

Details of the Name Changes

The Xtrackers S&P 500 ESG UCITS ETF will be rebranded as the Xtrackers S&P 500 Scored & Screened UCITS ETF. In parallel, the Xtrackers S&P 500 Equal Weight ESG UCITS ETF is set to transition to the Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF. These changes showcase Xtrackers' dedication to transparency and clarity in their investment offerings.

Rationale Behind the Changes

This rebranding decision comes in light of an announcement from S&P Dow Jones Indices LLC, the esteemed Index Administrator. They too will be renaming the underlying indices for these ETFs. Specifically, the S&P 500 ESG Index will now be known as the S&P 500 Scored & Screened Index, while the S&P 500 Equal Weight ESG Index will transition to the S&P 500 Equal Weight Scored & Screened Index.

Continued Commitment to Investment Policies

Despite these name changes, Xtrackers assures investors that the fundamental investment objectives, policies, risk profiles, and fee structures of the funds will remain unchanged. This consistency is vital for investors seeking reliability and predictability within their portfolios.

Compliance and Regulatory Standards

The funds will maintain compliance with the disclosure mandates set forth in Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR). This ensures that investors continue to have access to essential information regarding their investments.

Accessing Updated Information

As the effective date draws near, investors can look forward to new supplements and key investor information documents that will reflect these changes. These documents will be accessible via the Xtrackers website around the transition date. Additionally, shareholders may request these important documents free of charge either through Xtrackers' registered office or through foreign representatives.

Investor Guidance and Support

For shareholders or investors with questions about these updates, Xtrackers recommends consulting with their financial advisors. It’s crucial to understand how these changes may impact personal investment strategies, particularly since these products are based outside of the UK and are not subject to local sustainable investment labelling and disclosure requirements.

Conclusion and Future Outlook

In conclusion, the forthcoming changes to the Xtrackers ETFs reflect an important step in the evolution of investment products to better meet the needs of investors. As markets evolve, Xtrackers remains committed to providing clear, formulated options that align with investor priorities and regulatory requirements.

Frequently Asked Questions

What are the new names for the Xtrackers ETFs?

The Xtrackers S&P 500 ESG UCITS ETF will be renamed to Xtrackers S&P 500 Scored & Screened UCITS ETF, and the Xtrackers S&P 500 Equal Weight ESG UCITS ETF will be Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF.

When will the name changes take effect?

The name changes are set to take effect on February 10, 2025.

Will the investment objectives of the ETFs change?

No, the investment objectives, policies, risk profiles, and fees will remain the same despite the name changes.

How can investors access updated information about the ETFs?

Investors can find updated supplements and key investor information documents on the Xtrackers website around the effective date.

What should investors do if they have concerns about these changes?

Investors are encouraged to consult with their financial advisors for clarification and advice regarding the changes and how they may impact their portfolios.

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