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 USD Corporate Bond Short Duration SRI PAB UCITS
ETF
(ISIN: IE00BF8J5974)
Xtrackers USD Corporate Bond SRI PAB UCITS ETF
(ISIN: IE00BL58LJ19)
Xtrackers World Net Zero Pathway Paris Aligned UCITS ETF
(ISIN: IE000UZCJS58)
Xtrackers EMU Net Zero Pathway Paris Aligned UCITS ETF
(ISIN: IE000Y6L6LE6)
Xtrackers Emerging Markets Net Zero Pathway Paris Aligned UCITS
ETF
(ISIN: IE000TZT8TI0)
Xtrackers Europe Net Zero Pathway Paris Aligned UCITS ETF
(ISIN: IE0001JH5CB4)
Xtrackers USA Net Zero Pathway Paris Aligned UCITS ETF
(ISIN: IE0002ZM3JI1)
Xtrackers Japan Net Zero Pathway Paris Aligned UCITS ETF
(ISIN: IE00074JLU02)
(each a "Fund" and together the "Funds")
_________________________________________________________________________________
2 December 2022
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.
As part of a review of the latest market and regulatory
environment, and in light of the below factors, DWS Investment
S.A., the management company of the Company (the "Management
Company"), has determined that each Fund should disclose pursuant
to Article 8 of the Sustainable Finance Disclosure Regulation
("SFDR"). The Funds currently disclose pursuant to Article 9 of
SFDR. Consequently, the board of directors of the Company (the
"Board of Directors") has decided to amend the relevant supplement
of each Fund to reflect this change with effect from 16 December
2022 (the "Effective Date"). For the avoidance of doubt, the Funds'
names, Reference Indices, investment objectives, investment
policies, risk profiles and fees remain unchanged.
By way of background, the Board of Directors refers shareholders
of the Funds ("Shareholders") to bullet point 19. of the
Clarifications on the European Supervisory Authorities' draft
Regulatory Technical Standards under the SFDR dated 2 June 2022,
which states "for the avoidance of doubt, as stated by the European
Commission in its SFDR Q&A from July 2021, financial products
that have sustainable investment as an objective should only make
sustainable investments".
Consequently, the European Supervisory Authorities' recently
submitted a list of additional queries, dated 9 September 2022, to
the European Commission, requiring the interpretation of Union law
with reference to Regulation (EU) 2019/2088 (SFDR) and in
particular Question 5 in relation to "whether financial products
with a passive investment strategy which designate as a reference
benchmark a Paris Aligned Benchmark can automatically be deemed to
fulfil the conditions of Article 9(3) SFDR in conjunction with
Article 2(17) of the SFDR".
Until the European Commission provides clarity on Question 5
and/or bullet point 19 (i.e., as to what the "only make sustainable
investments" text from the 2 June 2022 Clarifications means in the
context of an Article 9(3) SFDR product), the Management Company
has determined that each Fund should disclose pursuant to Article
8(1) of SFDR with effect from the Effective Date.
General Information
The Changes will be reflected in an updated Supplement to be
issued on or around the Effective Date, subject to noting by the
Central Bank of Ireland.
Copies of the revised Supplement of the Funds reflecting the
changes will be made available on the website of the Company
(www.Xtrackers.com) on or around the Effective Date, and copies
thereof may be obtained on request free of charge at the registered
office of the Company or at the offices of foreign representatives,
once available.
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 funds.
Registration Number 393802. Registered Office as above.
Directors: Tom Murray (Irish), Michael Whelan (Irish), Gerry
Grimes (Irish), Julien Boulliat (French), Philippe Ah-Sun (British)
and Michael Mohr (German)
View source version on businesswire.com:
https://www.businesswire.com/news/home/20221202005018/en/
CONTACT:
Xtrackers (IE) plc
SOURCE: Xtrackers (IE) plc
Copyright Business Wire 2022
(END) Dow Jones Newswires
December 02, 2022 04:00 ET (09:00 GMT)
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