Xtrackers ETFs to undergo name changes in February

LONDON - Xtrackers (IE) plc, an investment company, has announced forthcoming name changes for two of its exchange-traded funds (ETFs) effective February 10, 2025. The Xtrackers ESG UCITS ETF will become the Xtrackers S&P 500 Scored & Screened UCITS ETF, and the Xtrackers S&P 500 Equal Weight ESG UCITS ETF will be renamed as Xtrackers S&P 500 Equal Weight Scored & Screened UCITS ETF.

This decision follows an announcement by S&P Dow Jones Indices LLC, the Index Administrator, which will also be renaming the reference indices for these funds. The S&P 500 ESG Index will change to the S&P 500 Scored & Screened Index, and the S&P 500 Equal Weight ESG Index will be updated to the S&P 500 Equal Weight Scored & Screened Index.

Despite the name alterations, the investment objectives, policies, risk profiles, and fees for the funds will remain the same. The funds will continue to adhere to the disclosure requirements of a financial product under Article 8(1) of the Sustainable Finance Disclosure Regulation (SFDR).

Investors can expect to access revised supplements and key investor information documents reflecting these changes on the Xtrackers website around the effective date. The company will provide these documents free of charge at its registered office or at the offices of foreign representatives upon request.

The company has advised shareholders with any queries or those seeking clarity on the changes to consult with their financial advisors. Additionally, it has been noted that the products are based overseas and do not fall under UK sustainable investment labelling and disclosure requirements.

The information regarding these changes is based on a press release statement from Xtrackers (IE) plc.

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