- Title:
Index Change - SPDR S&P 500 ESG Screened UCITS ETF - Time:
07:00:07 - Date:
11 Apr 2022 - Category:
Miscellaneous - ID:
8421H
RNS ANNOUCEMENT
Date: 11 April 2022
SSGA SPDR ETFs Europe I plc (the "Company")
CHANGES TO THE SUPPLEMENT
Notice of the changes that will take effect as at the date the revised Supplement is noted by the Central Bank. The relevant Shareholder Notice is available on the Company's website; www.ssga.com.
|
Fund Name |
ISIN |
|
SPDR S&P 500 ESG Screened UCITS ETF |
IE00BH4GPZ28 |
(the "Fund")
We are writing to you as a Shareholder of the Company to advise of the following change to the supplement (the "Supplement") for the Company for the Fund below which will take effect as at 11 May 2022, or such later date as the Central Bank notes the revised Supplement to the Prospectus for the Fund (the "Effective Date").
Change of Index
The Directors have determined to replace the index tracked by the Fund, as indicated in the table below. The aim of the change of index is to provide Shareholders with an exposure to U.S. equity market performance of large cap equity securities via a new index which employs a "best in class" ESG methodology, whereby the index seeks to exclude issuers based on a broader set of ESG characteristics considering their ESG rating and their involvement in certain controversial business activities as outlined in the index methodology. For the avoidance of doubt, the Fund's SFDR classification pursuant to Regulation (EU) 2019/2088 of the European Parliament and of the Council on sustainability-related disclosures in the financial services sector will remain Article 8.
As a result of the change of index, the Fund will also undergo a change of name as outlined below.
The Fund will continue to track its existing Index until the Effective Date, and will then track the new Index.
|
Current Index |
New Index |
|
S&P 500 ESG Exclusions II Index (Ticker: SPXCX2UN) |
S&P 500 ESG Leaders Index (Ticker: SPXESLUN) |
|
Current Fund Name |
New Fund Name |
|
SPDR S&P 500 ESG Screened UCITS ETF |
SPDR S&P 500 ESG Leaders UCITS ETF |
Further details of the Index and its performance can be found at:
https://www.spglobal.com/spdji/en/indices/esg/sp-500-esg-leaders-index/#overview
https://www.spglobal.com/spdji/en/documents/methodologies/methodology-sp-esg-leaders-indices.pdf
Further information
Should you have any queries, please contact the SPDR ETF Sales and Support team at [email protected] / +44 (0)20 3395 6888 or call your local SPDR ETF representative.
Index Change - SPDR S&P 500 ESG Screened UCITS ETF07:00:0711 Apr 2022Miscellaneous8421H