- Title:
Shareholder Notice - Time:
15:46:52 - Date:
29 Nov 2024 - Category:
Miscellaneous - ID:
2457O
29 November 2024
LEGAL & GENERAL UCITS ETF PLC
(the "Company")
L&G Europe ESG Exclusions Paris Aligned UCITS ETF
(the "Sub-Fund")
The Company announces that a circular has been issued to the registered holder of shares in the Sub-Fund (the "Registered Shareholder"), the Bank of New York Mellon (Depository) Nominees Limited, for the purposes of advising the Registered Shareholder the Company's intention to amend the index tracked by the Fund in the manner set out below:
|
Current Index |
Proposed New Index |
|
Foxberry Sustainability Consensus Europe Total Return Index |
MSCI ACWI Select Climate 500 Index - Europe Subset |
As a result of the index change, it is also proposed to change the name of the Fund:
|
Current Fund Name |
Proposed Fund Name |
|
L&G Europe ESG Exclusions Paris Aligned UCITS ETF |
L&G MSCI Europe Climate Pathway UCITS ETF |
The Fund will also undergo a change in classification from Article 9 to Article 8 under the SFDR.
The TER of the Fund will be reduced from 0.16% to 0.10% as a result of the changes.
It is expected that the changes will take effect on or around 18 December 2024 (the "Effective Date").
A copy of the notice issued to the Registered Shareholder has been submitted to the National Storage Mechanism and will shortly be available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism and www.lgim.com.
FURTHER INFORMATION
Legal & General Investment Management Limited
Tel: 0345 070 8684
Email: [email protected]
J&E Davy (Sponsor)
Brian Garrahy + 353 1 6796363
Shareholder Notice15:46:5229 Nov 2024Miscellaneous2457O