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Xtrackers funds to replace index names in February By Investing.com
The Tycoon Herald > Business > Xtrackers funds to replace index names in February By Investing.com
Business

Xtrackers funds to replace index names in February By Investing.com

Tycoon Herald
By Tycoon Herald 2 Min Read
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Xtrackers funds to replace index names in February By Investing.com

LONDON – Xtrackers (IE) plc, an funding firm, has introduced upcoming adjustments to the names of the reference indexes for a choice of its exchange-traded funds (ETFs). The modifications, knowledgeable by MSCI Restricted, the Index Administrator, will take impact on February 3, 2025.

The rebranding will have an effect on numerous funds below the Xtrackers umbrella, particularly people who beforehand included the time period “ESG Screened” of their reference index names. Publish-change, the indexes will drop the “ESG Screened” designation, reflecting a streamlined naming conference.

As an illustration, the Xtrackers MSCI Japan ESG Screened UCITS ETF might be renamed to Xtrackers MSCI Japan Screened UCITS ETF, and comparable adjustments will apply to the MSCI AC World, , and MSCI USA ESG Screened UCITS ETFs. Nevertheless, the corporate clarified that the names of the Xtrackers MSCI Innovation, Fintech Innovation, Genomic Healthcare Innovation, and Subsequent (LON:) Technology Web Innovation UCITS ETFs will stay unchanged.

Regardless of the renaming, the funding targets, insurance policies, danger profiles, and charges for every fund won’t be altered. Moreover, the funds will proceed to stick to the disclosure necessities stipulated below Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).

Revised documentation reflecting these updates, together with the complement and key info doc for every fund, might be made accessible on the Xtrackers web site across the efficient date of the adjustments. Shareholders searching for clarification or recommendation are inspired to contact their monetary advisors or attain out to the corporate straight.

This announcement relies on a press launch assertion and doesn’t represent an endorsement of Xtrackers or its merchandise.

This text was generated with the assist of AI and reviewed by an editor. For extra info see our T&C.

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