Xtrackers ETFs Shift to New Index Names - Key Insights

Xtrackers ETFs Rename Reference Indices

Xtrackers (IE) plc, an investment powerhouse based in Dublin, recently announced a significant update concerning its exchange-traded funds (ETFs). Starting from a specified future date, MSCI Limited will be working to rename the reference indices for several Xtrackers ETFs. However, investors can rest assured that these updates will not impact the investment objectives, policies, risk profiles, or associated fees of these funds.

Impact of Naming Changes on ESG Indices

The name modifications prominently include the removal of the "ESG Screened" designation from the indices. This change is designed to streamline the titles while maintaining alignment with the Xtrackers' ethos. For example, the MSCI Japan Select ESG Screened Index will transition to become the MSCI Japan Select Screened Index. As a result, the related Xtrackers MSCI Japan ESG Screened UCITS ETF will now be referred to as Xtrackers MSCI Japan Screened UCITS ETF.

Consistency in Fund Names

Importantly, not all Xtrackers ETFs will undergo name changes. Specifically, the Xtrackers MSCI Innovation UCITS ETF, Xtrackers MSCI Fintech Innovation UCITS ETF, Xtrackers MSCI Genomic Healthcare Innovation UCITS ETF, and Xtrackers MSCI Next Generation Internet Innovation UCITS ETF will keep their current names. This strategy reflects a balanced approach between branding and clarity for investors.

Commitment to Sustainability Standards

Despite these branding changes, Xtrackers reassures stakeholders that the ETFs will adhere to the disclosure requirements associated with financial products under Article 8(1) of SFDR. This commitment emphasizes the importance of sustainability factors in their investment strategies, ensuring that the focus remains on responsible and sustainable investment.

Updated Documentation for Investors

As part of the process, Xtrackers will provide updated documentation around the time of the changes. This will include revised Supplement and key information documents for each fund. Investors are encouraged to visit the Xtrackers website for this crucial information as it becomes available.

Support for Shareholders Amid Changes

Xtrackers emphasizes its dedication to maintaining transparent communication with shareholders, especially in light of these changes. For those looking for clarity regarding these updates or how they may impact individual investments, the company advises consulting independent financial advisors. Alternatively, shareholders can reach out through the company's contact channels for more personalized assistance.

Frequently Asked Questions

What prompted the index name changes for Xtrackers ETFs?

The changes were initiated to reflect a streamlined naming structure, particularly removing the "ESG Screened" label to align with updated reference titles.

Will the investment objectives of Xtrackers ETFs change?

No, the investment objectives, policies, risk profiles, and fees associated with the funds will remain unchanged despite the renaming.

How does this change affect the focus on sustainability?

The ETFs continue to adhere to the commitment of meeting disclosure requirements under Article 8(1) of SFDR, emphasizing their focus on sustainable investment.

When will the updated documentation be available?

Updated documentation, including the revised Supplement and key information documents, will be available around the effective date of the changes on the Xtrackers website.

Who should I contact for more information regarding these changes?

Shareholders seeking further clarification can consult independent financial advisors or reach out directly through the available contact channels of Xtrackers.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

Disclaimer: The content of this article is solely for general informational purposes only; it does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice; the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. The author's interpretation of publicly available data shapes the opinions presented here; as a result, they should not be taken as advice to purchase, sell, or hold any securities mentioned or any other investments. The author does not guarantee the accuracy, completeness, or timeliness of any material, providing it "as is." Information and market conditions may change; past performance is not indicative of future outcomes. If any of the material offered here is inaccurate, please contact us for corrections.