Xtrackers (IE) plc
Investment Company with Variable Capital
Registered Office: 78 Sir John Rogerson’s Quay, Dublin 2, Ireland
Registration number: 393802
Important notice to shareholders of
Xtrackers USD Emerging Markets Bond Quality Weighted UCITS ETF
Registered in Dublin 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), Alex McKenna (British)
Dublin, 08 February 2021
Re: Results of EGM
The board of directors of the Company (the Directors) wish to announce that an Extraordinary General Meeting (EGM) of the shareholders of the Fund (the Shareholders) was held on 05 February 2021 and the proposed resolution to change the investment objective of the Fund was approved by the Shareholders.
The iBoxx® MSCI ESG USD Emerging Markets Sovereigns Quality Weighted Index (the New Reference Index) will replace the Markit iBoxx USD Emerging Markets Sovereigns Quality Weighted Index (the Original Reference Index) as the index reference of the Fund. The methodology of the New Reference Index will be the same in most material respects to the Original Reference Index apart from it will also take into account MSCI ESG Government Ratings for selection and weighting purposes. The MSCI ESG Government Ratings are sourced from MSCI ESG Research LLC Environmental, Social and Governance standards (ESG) criteria. The New Reference Index aims to offer a targeted coverage of the USD-denominated emerging market sovereign bonds universe with adjusted weights, by allocating higher weights to countries with relatively solid fundamentals and higher MSCI ESG Government Ratings while reducing weights of countries with relatively weak fundamentals and lower MSCI ESG Government Ratings.
MSCI ESG Government Ratings assess a country’s exposure to and management of environmental, social and governance risk and explain how these factors might impact the long-term sustainability of its economy. By providing a long-term view on sustainability the ratings aim to complement traditional government debt analysis for analysing a country’s credit worthiness.
Further details on the index methodology of the New Reference Index can be found at https://ihsmarkit.com/products/indices.html.
The name of the Fund will be changed to Xtrackers ESG USD Emerging Markets Bond Quality Weighted UCITS ETF, the fees of the 1D Share Class (IE00BD4DX952) will be amended as set out below and the Fund will no longer be able to engage in securities lending.
New Management Company Fee
New All-in Fee
0.35% per annum
0.45% per annum
For the avoidance of doubt, the Platform Fee will remain unchanged.
The proposed changes will be effective from 26 February 2021.
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.
Contact: Christina Fahey
Phone: + 353 1 649 2738
Category Code: MSCM
Sequence Number: 729580
Time of Receipt (offset from UTC): 20210208T101021+0000
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