Lyxor International Asset Management (CLUS)
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
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,
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:
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.
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.
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.
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 email@example.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: firstname.lastname@example.org
For the Board of Directors
EQS News ID:
End of Announcement
EQS News Service