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    Home » Xtrackers ETFs update index names, retain investment strategies By Investing.com
    Investments

    Xtrackers ETFs update index names, retain investment strategies By Investing.com

    userBy userJanuary 3, 2025No Comments2 Mins Read
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    LONDON – Xtrackers, an investment company with variable capital, has announced that MSCI Limited, the index administrator, will rename the reference indices of several Xtrackers exchange-traded funds (ETFs) effective February 3, 2025. This change will affect the nomenclature of the indices but not the investment objectives, policies, risk profiles, or fees of the respective ETFs.

    The affected sub-funds, which currently include ‘ESG Screened’ in their names, will drop this designation from their reference index names. For instance, the Xtrackers MSCI Canada ESG Screened UCITS ETF will be renamed to Xtrackers MSCI Canada Screened UCITS ETF, and similar changes will apply to sub-funds covering Europe, the Pacific ex Japan, emerging markets in Asia, and China A shares, among others.

    The Xtrackers Harvest Tech 100 UCITS ETF, however, will not undergo a name change. The Board of Directors of Xtrackers has clarified that despite the renaming, the sub-funds will maintain their current investment strategies and continue to adhere to the disclosure requirements of a financial product under Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).

    Revised documentation, including the prospectus and key investor information for each sub-fund reflecting the updated names, will be made available on the Xtrackers website around the effective date of the changes. Shareholders with queries or requiring clarification have been advised to consult their financial advisors or contact Xtrackers directly.

    This announcement is based on a press release statement and is intended for informational purposes only. The mentioned products are based overseas and are not subject to UK sustainable investment labeling and disclosure requirements.

    This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.





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