Xtrackers Announces Name Changes for Green Tech ETFs
Why we think this is neutral
The RNS announcement indicates that Xtrackers is making name changes to two of its ETFs, but the investment objectives, risk profiles, and fees remain unchanged. This suggests there may be some minor changes or challenges facing the company, but the overall sentiment is neutral as the core business appears to be unaffected.
Key Points
- Xtrackers to amend names of two green tech ETFs on 14 May 2025
- New names will be 'Xtrackers World Green Tech Innovators UCITS ETF' and 'Xtrackers World Small Cap Green Tech Innovators UCITS ETF'
- Investment objectives, risk profiles, and fees for the ETFs will remain unchanged
Summary
Xtrackers, an investment company, has announced that it will be amending the names of two of its ETFs - Xtrackers World Green Transition Innovators UCITS ETF and Xtrackers World Small Cap Green Transition Innovators UCITS ETF - effective 14 May 2025. The new names will be Xtrackers World Green Tech Innovators UCITS ETF and Xtrackers World Small Cap Green Tech Innovators UCITS ETF respectively. However, the investment objective, risk profile, and fees for each Sub-Fund will remain unchanged.