Major Name Changes to Xtrackers ETFs Coming in February
Xtrackers (IE) plc has made an important announcement regarding its exchange-traded funds (ETFs). Effective February 3, 2025, several funds will see their names altered in response to updates from MSCI Limited, the Index Administrator. This change particularly affects funds that currently carry the 'ESG Screened' designation in their titles, which will be eliminated during this renaming process.
List of Affected Funds
Among the funds impacted by this decision, the Xtrackers MSCI Japan ESG Screened UCITS ETF will transition to the Xtrackers MSCI Japan Screened UCITS ETF. Additionally, other funds such as the Xtrackers MSCI AC World and MSCI USA ESG Screened UCITS ETFs will also reflect similar changes by dropping the 'ESG Screened' reference. However, some funds like the Xtrackers MSCI Innovation and MSCI Fintech Innovation UCITS ETFs will retain their current names without modifications.
Continuity of Investment Objectives
Despite these name changes, Xtrackers reassures investors that the fundamental aspects of these funds will remain intact. The investment objectives, policies, risk profiles, and fees are not set to change. This means that while investors may notice a difference in the fund names, the underlying characteristics and commitments to sustainability will continue as before.
Compliance with Sustainable Finance Disclosure Regulation
All affected funds will still comply with the disclosure requirements outlined in Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR). This regulation is crucial for preserving transparency and trust with investors who prioritize sustainable investment opportunities.
Availability of Revised Documentation
Xtrackers plans to make revised documents available, which will include the Supplement and key information documents for each affected fund. Investors can find these updates on the Xtrackers website, ensuring that they have access to the most current information surrounding these changes.
Contacting Xtrackers for More Information
For shareholders who seek further clarification, the company encourages reaching out to their financial advisors or directly contacting Xtrackers (IE) plc. Staying informed about these changes will ensure that investors can make well-informed decisions regarding their portfolios.
Frequently Asked Questions
What is the reason for the ETF name changes?
The changes are due to updates from MSCI Ltd, affecting the reference index names of the funds.
Will the investment objectives of the affected ETFs change?
No, the investment objectives, policies, risk profiles, and fees will remain the same despite the name changes.
When will the updated documentation be available?
The revised documentation will be accessible around the effective date of the name changes on the Xtrackers website.
Are all Xtrackers ETFs undergoing name changes?
No, only specific ETFs with 'ESG Screened' in their names will be impacted; others, like the Xtrackers MSCI Innovation fund, remain unchanged.
How can I find more information about my investments?
Shareholders should consult their financial advisors or reach out to Xtrackers directly for more detailed inquiries.
