XACT OMXC25 – Sustainability alignment and name change
We will be changing the fund rules for the XACT OMXC25 exchange-traded fund (UCITS ETF) on 1 September 2023.
Change to a sustainability index
The fund will be switching to an index that has sustainability requirements for the companies included in the index. This does not result in any substantial changes to the fund’s investment focus or risk level, nor does it lead to any additional costs for you.
In conjunction with the switch to a sustainability index, the fund will transition from a so-called Article 6 fund to one that will be reported as an Article 8 fund pursuant to SFDR [1].
An Article 8 fund means that the fund promotes environmental and social characteristics, which implies that this index takes into account the environment and climate, as well as human rights, employee rights and anti-corruption.
Index prior to change: OMX Copenhagen 25 Index
Index after change: OMX Copenhagen 25 ESG Responsible Net Index
Change to fund name
In conjunction with the changes, the new name of the fund will be XACT OMXC25 ESG (UCITS ETF).
New fund rules
All of the changes have been approved by the Swedish Financial Supervisory Authority. The updated fund rules, fact sheet and prospectus will be accessible at xact.se and handelsbanken.se/fonder as of 1 September 2023.
For further information, please contact:
Stefan Hagman, Index fund management, Handelsbanken Fonder
Telephone number: +46 (0)70-611 1868
Handelsbanken Fonder AB is required to disclose this information pursuant to the Issuer Rules of Nasdaq Copenhagen. This information has been provided for public disclosure through the initiative of the aforementioned contact person on 28 August 2023 at 08.00 CET.
For additional information about Handelsbanken, please refer to: www.handelsbanken.se and www.xact.se.
[1] SFDR: EU regulation 2019/2088, Regulation on sustainability-related disclosures in the financial services sector. Additional information is available in the prospectus or under the fund’s “Sustainability” tab which is found in the fund unit price list at www.handelsbanken.se/fonder.