19 Jul 2021 09:25
Lyxor International Asset Management (CLUS) Lyxor International Asset Management: Amendment to the Prospectus and the Key Investor Information Document of the Sub-Funds 19-Jul-2021 / 09:24 GMT/BST Dissemination of a Regulatory Announcement, transmitted by EQS Group. The issuer is solely responsible for the content of this announcement. MULTI UNITS LUXEMBOURG Société d'investissement à capital variable Registered Office : 28-32, Place de la Gare L-1616 Luxembourg RCS Luxembourg B 115 129 (the "Company")
NOTICE TO THE SHAREHOLDERS OF
MULTI UNITS LUXEMBOURG - LYXOR MSCI USA CLIMATE CHANGE UCITS ETF (the « Sub-Fund »)
Amendment to the Prospectus and the Key Investor Information Document of the Sub-Funds
Terms not specifically defined herein shall have the same meaning as in the articles of incorporation (the "Articles") and in the latest Prospectus of the Company.
Luxembourg, June 15, 2021,
Dear Shareholders,
The Management Company and the board of directors of the Company hereby inform the Shareholders of the Sub-Fund that changes detailed below will be effective at the opening of July 20, 2021 (the "Effective Date").
Hence, from the date hereof:
Change of the Index
The Index will change as specified in the following table:
The aim of this change is to provide the Shareholders with an exposure to the New Index that is designed to exceed the minimum standards of EU Climate Transition Benchmarks ("CTB") required under delegated acts supplementing Regulation (EU) 2019/2089 amending Regulation (EU) 2016/1011 ("Benchmark Regulation").
The New Index is an equity index, calculated, maintained and published by MSCI Limited.
The Sub-Fund currently promotes environmental and/or social characteristics within the meaning of "Article 8" of Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability-related disclosures in the financial services sector ("SFDR"). Following the change from the Previous Index to the New Index, the Sub-Fund will have sustainable investment as their objective within the meaning of "Article 9" of SFDR.
A full description of the New Index and its construction methodology and information on the composition and respective weightings of the New Index components are available on the index provider's website at http://www.msci.com and in the Prospectus. Change of the replication method
The index replication method carried out by the Sub-Fund will change from Indirect Replication to Direct Replication.
Currently the Sub-Fund's exposure to the performance of its Index is achieved by way of financial derivative transactions and/or instruments as further described in section I/ Investment Objectives/ Investment Powers and Restrictions of the Prospectus of the Company.
Once the change from Indirect Replication to Direct Replication is effective, the Sub-Fund may carry out its Investment Objective by investing in a portfolio of transferable securities or other eligible assets that will typically comprise the constituents composing the Index.
In order to optimize such Direct Replication method and to reduce the costs of investing directly in all constituents of the Index, the Sub-Fund may decide to use optimization techniques such as "sampling" as more fully described in section I/ Investment Objectives/ Investment Powers and Restrictions of the Prospectus of the Company.
Please note that this change concerns only the way the Sub-Fund aims to track the performance of the Index. The Investment Objective of the Sub-Fund will remain unchanged. Change of the name
The name of the Sub-Fund is modified in order to reflect the change of Index and the change of the replication method of the Sub-Fund as follows:
The Sub-Fund will otherwise retain all their other characteristics, in particular the codes used in trading and the total fees.
The Sub-Fund will bear the costs associated with the changes. The attention of the Shareholders is drawn to the fact that the costs linked to the changes could have a negative impact on the net asset value of the Sub-Fund. In case where the Shareholders do not agree with these changes, the Shareholders who usually subscribe or redeem Shares in the Sub-Fund on the primary market may redeem their Shares without fee during a period of one month as from the date of this notice. We draw Shareholders' attention to the fact that if the Sub-Funds' Shares are sold on a market or exchange, the Shareholders may be charged broker fees on to the sale of (a) Share(s) in said Sub-Fund. In case where the Shareholders agree with the changes, no action is required from the Shareholders.
Following the implementation of the changes, the Prospectus and the Key Investor Information Document of the Sub-Fund will be amended accordingly.
The new Prospectus and Key Investor Information Documents of the Sub-Fund may be obtained on request from the Management Company to client-services-etf@lyxor.com, or consulted as from the Effective Date on the following website: www.lyxoretf.com.
For any questions, do not hesitate to contact Lyxor Client Services at the following contact details: Phone number +33 (0)1 42 13 42 14 - Email address: client-services-etf@lyxor.com
Yours sincerely,
For the Board of Directors |
| ISIN: | LU2055175025 |
| Category Code: | MSCM |
| TIDM: | CLUS |
| Sequence No.: | 117913 |
| EQS News ID: | 1219839 |
| End of Announcement | EQS News Service |
UK Regulatory announcement transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement.