Last checked at 31 Jul 2023 09:00
Xtrackers
Investment Company with Variable Capital Registered office: 49, avenue J.F. Kennedy, L-1855 Luxembourg R.C.S. Luxembourg B-119.899 (the "Company")
IMPORTANT NOTICE TO THE SHAREHOLDERS OF:
Xtrackers MSCI EM Asia ESG Screened Swap UCITS ETF 1C (ISIN: LU0292107991)
Xtrackers MSCI EM Latin America ESG Swap UCITS ETF 1C (ISIN: LU0292108619)
Xtrackers MSCI EM Europe, Middle East & Africa ESG Swap UCITS ETF 1C (ISIN: LU0292109005)
Xtrackers MSCI AC Asia ex Japan ESG Swap UCITS ETF 1C (ISIN: LU0322252171)
(each a “Sub-Fund” and together the “Sub-Funds”)
31 July 2023
We refer to the notice published on 28 December 2022 informing Shareholders that the board of directors of the Company (the “Board of Directors”) had decided to proceed with certain changes including a change from an Indirect Investment Policy to a Direct Investment Policy and a name change for each Sub-Fund (collectively referred to as the “Changes”). The Changes in relation to each Sub-Fund were expected to be carried out on a date from, and including, 13 February 2023 to, and including, 12 August 2023.
Since the announcement of the Changes on 28 December 2022, there has been renewed demand for Indirect Replication Funds pursuing the Investment Objective of the Sub-Funds, due in part to clarifications obtained from Environmental, Social and Governance (“ESG”) data providers around the provision of ESG related data for indirect replication ETFs.
In light of the foregoing and considering the cost implication of the Changes for Shareholders, the Board of Directors has come to the conclusion that the Changes are no longer in the best interests of Shareholders.
As such, the Board of Directors has decided to monitor the market and where there is sufficient demand, may seek to launch Direct Replication Funds offering exposure comparable to the Sub-Funds’ Investment Objectives. In addition the Board of Directors will continue to assess regularly whether it may be in the interest of Shareholders to effect such Changes in the future.
Capitalised terms not defined herein shall have the meaning given to them in the most recent version of the prospectus of the Company (the “Prospectus”), unless the context otherwise requires.
General Information
This notice is for information purposes only. Shareholders are not required to take any action.
Shareholders who have any queries or to whom any of the above is not clear should seek advice from their stockbroker, bank manager, legal adviser, accountant or other independent financial advisor.
Further information in relation to the information set out herein 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.
Xtrackers The Board of Directors
Contact information Xtrackers 49, avenue J.F. Kennedy, L-1855 Luxembourg, Grand Duchy of Luxembourg
DWS Investment S.A. 2, boulevard Konrad Adenauer, L-1115 Luxembourg, Grand Duchy of Luxembourg
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