REG - Invesco Markets II - Notice to Shareholders
21/03/2025 17:15
For best results when printing this announcement, please click on link below: https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20250321:nRSU7359Ba&default-theme=true RNS Number : 7359B Invesco Markets II PLC 21 March 2025 Invesco Markets II Plc Ground Floor, 2 Cumberland Place, Fenian Street, Dublin 2, D02 H0V5, Ireland Telephone/Switchboard +44 (0)20 3370 1100 etf.invesco.com 21 March 2025 NOTICE TO SHAREHOLDERS RE: (i) Index methodology changes, and (ii) Change of fund name and index name and (iii) Change to Constituent Weight Review Rules Fund Name Share Class ISIN Invesco S&P World Energy ESG UCITS ETF Acc IE000AIFGRB9 Invesco S&P World Financials ESG UCITS ETF Acc IE00018LB0D8 Invesco S&P World Health Care ESG UCITS ETF Acc IE000L4EH2K5 Invesco S&P World Information Technology ESG UCITS ETF Acc IE000Q0IU5T1 (each a "Fund" and together the "Funds") Dear Shareholder, This notice is to inform you of proposed changes to the Funds each a sub-fund of Invesco Markets II plc (the "Company"), to meet the requirements of ESMA's guidelines on funds' names using ESG or sustainability-related terms (the "Guidelines"). According to the Guidelines, "ESG" is an environmental-related term. The Guidelines require that in order to use environment-related terms in a fund name, the strategy of the relevant fund must: (i) meet an 80% threshold linked to the proportion of investments used to meet the environmental and social characteristics of the fund; and (ii) incorporate the exclusions referred to in Article 12(1)(a) - (g) of Commission Delegated Regulation (EU) 2020/1818 (the "PAB exclusions"). i) Index methodology change In order to meet the requirement to incorporate the PAB exclusions and noting that the Funds attain their environmental and social characteristics by virtue of tracking a Reference Index, the Index Provider, following consultation, has determined it appropriate to incorporate the PAB exclusions into the methodology for the relevant Reference Index set out below. Fund Reference Index Invesco S&P World Financials ESG UCITS ETF S&P World ESG Enhanced Financials Index Invesco S&P World Health Care ESG UCITS ETF S&P World ESG Enhanced Health Care Index Invesco S&P World Information Technology ESG UCITS ETF S&P World ESG Enhanced Information Technology Index The Manager has reviewed the proposed changes to the methodology for each Reference Index and has determined that the changes are sufficient to meet the requirements of the Guidelines and to permit the Funds to continue to use their current names. The incorporation of the PAB exclusions into the methodologies of the Reference Indices are not expected to have a material impact on the Funds. ii) Reference Index name change and Fund name change The methodology of the S&P World ESG Enhanced Energy Index, the Reference Index tracked by Invesco S&P World Energy ESG UCITS ETF does not incorporate the PAB exclusions. The Index Provider has determined that it would not be in line with the objective of the Reference Index (which provides exposure to large and mid-capitalisation energy sector companies) to incorporate the PAB exclusions. Therefore, the Index Provider, following consultation, has determined it appropriate to rename the Reference Index to remove "ESG". Accordingly, it is proposed to rename the Fund to reflect the new Reference Index name. The change will not impact on the investment strategy of the Fund. Details of the proposed name changes are as follows: Current Fund Name New Fund Name Invesco S&P World Energy ESG UCITS ETF Invesco S&P World Energy Targeted & Screened UCITS ETF Current Reference Index Name New Reference Index Name S&P World ESG Enhanced Energy Index S&P World Energy Targeted & Screened Index iii) Change to Constituent Weight Review Rules The methodology of the References Indices has been updated such that the constituent weight review check for all the Reference Indices tracked by these Funds will take place at the mid-quarterly review in addition to the semi-annual and quarterly review dates. This change will help the Reference Indices and Funds to better stay within UCITS diversification requirement. The changes will take effect on or around 1 May 2025. Further details of the change to the name of the S&P World ESG Enhanced Energy Index and the changes to the methodologies of the, S&P World ESG Enhanced Financials Index, S&P World ESG Enhanced Health Care Index and the S&P World ESG Enhanced Information Technology Index can be found here: https://www.spglobal.com/spdji/en/client-services/current-transitions/sp-dow-jones-indices-announces- (https://www.spglobal.com/spdji/en/client-services/current-transitions/sp-dow-jones-indices-announces-renaming-of-some-sustainability-indices/?utm_source=pdf_education) renaming-of-some-sustainability-indices/?utm_source=pdf_education (https://www.spglobal.com/spdji/en/client-services/current-transitions/sp-dow-jones-indices-announces-renaming-of-some-sustainability-indices/?utm_source=pdf_education) https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20250108- (https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20250108-1476219/1476219_sp-world-esg-enhanced-sector-update-20250108.pdf) 1476219/1476219_sp-world-esg-enhanced-sector-update-20250108.pdf (https://www.spglobal.com/spdji/en/documents/indexnews/announcements/20250108-1476219/1476219_sp-world-esg-enhanced-sector-update-20250108.pdf) Next steps The Supplements of the Funds will be amended to reflect the above-mentioned changes in due course. Should you wish to redeem your shareholding as a result of the changes, you may do so in accordance with the dealing provisions outlined in the Prospectus. General Shareholders may obtain the Prospectus, a copy of the Supplement, the key investor information documents, the latest annual and semi-annual reports and copies of the Constitution free of charge from the registered office of the Manager or the local representatives in the countries where the Company is registered and in Switzerland at BNP Paribas, Paris, Zurich branch, Selnaustrasse 16, 8002 Zurich which is the Swiss representative and paying agent, as well as from the German information agent Marcard, Stein & Co AG, Ballindamm 36, 20095 Hamburg, Germany and where applicable on the website of the Company - etf.invesco.com. All capitalised terms used in this notice shall bear the same meaning as the capitalised and defined terms used in the Prospectus and Supplement. Yours faithfully For and on behalf of Invesco Markets II plc Directors: Gary Buxton (British/Irish), Deidre Gormley, Sarah (Katy) Walton Jones (British), Lisa Martensson (Swedish) Invesco Markets II plc, registered in Ireland as an open- ended variable capital umbrella investment company with limited liability and segregated liability between sub-funds. Registered number: 567964. Registered office: Ground Floor, 2 Cumberland Place, Fenian Street, Dublin 2, D02 H0V5, Ireland This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com (mailto:rns@lseg.com) or visit www.rns.com (http://www.rns.com/) . 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