Xtrackers (IE) plc
Investment Company with Variable Capital
Registered Office: 78 Sir John Rogerson's Quay, Dublin 2, Ireland
Registration number: 393802
(“the Company”)
Important Notice to Shareholders of:
Xtrackers MSCI Global SDGs UCITS ETF
(ISIN: IE000PSF3A70)
Xtrackers MSCI Global SDG 3 Good Health UCITS ETF
(ISIN: IE00036F4K40)
Xtrackers MSCI Global SDG 6 Clean Water & Sanitation UCITS ETF
(ISIN: IE0007WJ6B10)
Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF
(ISIN: IE000JZYIUN0)
Xtrackers MSCI Global SDG 9 Industry, Innovation & Infrastructure UCITS ETF
(ISIN: IE0005E47AH7)
Xtrackers MSCI Global SDG 11 Sustainable Cities UCITS ETF
(ISIN: IE000V0GDVU7)
Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF
(ISIN: IE000Y6ZXZ48)
(each a “Fund” and together the “Funds”)
_________________________________________________________________________________
21 August 2023
The board of directors of the Company (the “Board of Directors”) hereby informs the shareholders of the Funds (the “Shareholders”) that MSCI Limited, in its capacity as index administrator of the reference indices of each of the Funds (the “Index Administrator”) is introducing certain changes as detailed below (the “Changes”).
Capitalised terms used in this notice shall have the same meaning ascribed to them in the latest version of the prospectus of the Company (the “Prospectus”) or the supplement of the relevant Fund (the “Supplement”) unless the context otherwise requires.
The Funds track the performance of the following Reference Indices (each a “Reference Index”)
Fund | Reference Index
|
Xtrackers MSCI Global SDGs UCITS ETF | MSCI ACWI IMI SDG Impact Select Index |
Xtrackers MSCI Global SDG 3 Good Health UCITS ETF | MSCI ACWI IMI SDG 3 Good Health and Well-being Select Index |
Xtrackers MSCI Global SDG 6 Clean Water & Sanitation UCITS ETF | MSCI ACWI IMI SDG 6 Clean Water and Sanitation Select Index |
Xtrackers MSCI Global SDG 7 Affordable and Clean Energy UCITS ETF | MSCI ACWI IMI SDG 7 Affordable and Clean Energy Select Index |
Xtrackers MSCI Global SDG 9 Industry, Innovation & Infrastructure UCITS ETF | MSCI ACWI IMI SDG 9 Industry, Innovation and Infrastructure Select Index |
Xtrackers MSCI Global SDG 11 Sustainable Cities UCITS ETF | MSCI ACWI IMI SDG 11 Sustainable Cities and Communities Select Index |
Xtrackers MSCI Global SDG 12 Circular Economy UCITS ETF | MSCI ACWI IMI SDG 12 Responsible Consumption and Production Select Index |
- Overview of Changes
On 2 August 2023 MSCI Limited (“MSCI”), the Index Administrator of each Reference Index of the Funds announced that additional exclusion criteria will be added to the existing Environmental, Social and Governance exclusion criteria (the “ESG Exclusion Criteria”) which is used to screen companies with business activities that are not considered aligned with the overall objective of contributing to the 17 United Nations Sustainable Development Goals.
These additions to the ESG Exclusion Criteria will take effect before the next rescheduled rebalancing of the Reference Indices on 1 September 2023 and will result in the exclusion of securities which:
- are classified by MSCI in their Business Involvement Screening Research as breaching certain thresholds in adult entertainment, alcohol, gambling, nuclear power, fossil fuel reserves ownership, and unconventional oil & gas extraction; and
- have an insufficient MSCI ESG Controversies Score related to certain environmental controversies.
(together the “Additional ESG Exclusion Criteria”).
For the sake of clarity, the Additional ESG Exclusion Criteria to be used by the Reference Indices will have no impact on the Fund’s Investment Objective, Investment Policy, risk profile or fees. There is no material impact to the primary or secondary market trading in the Shares of the Funds expected as a result of the Additional ESG Exclusion Criteria used by the Reference Indices.
The complete text of the announcement made by the Index Administrator on 2 August 2023 is available at: www.msci.com/index-announcements.
- General Information
Shareholders who have any queries or to whom any of the above is not clear should seek advice from their stockbroker, bank manager, legal advisor, accountant or other independent financial advisor. Shareholders should also consult their own professional advisors as to the specific tax implications under the laws of the countries of their nationality, residence, domicile or incorporation.
Further information in relation to the Changes may be obtained from the legal entities mentioned under Contact information below, the offices of foreign representatives or by sending an email to Xtrackers@dws.com.
Neither the contents of the Company’s website nor the contents of any other website accessible from hyperlinks on the Company’s website is incorporated into, or forms part of, this announcement.
Yours faithfully,
______________________________
Director
For and on behalf of
Xtrackers (IE) plc
Contact information
Xtrackers (IE) plc
78 Sir John Rogerson’s Quay, Dublin 2, Ireland
DWS Investment S.A.
2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg
Registered in Dublin, Ireland as an open-ended variable capital umbrella investment company with limited liability and as an umbrella fund with segregated liability between sub-funds.
Registration Number 393802. Registered Office as above.
Directors: Tom Murray (Irish), Michael Whelan (Irish), Gerry Grimes (Irish), Philippe Ah-Sun (British), Julien Boulliat (French)
and Roberto Cesca (Italian)
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