Conversion of 73 XTRACKERS II (LU) into international ETF structure - Update
Note: This announcement, originally published on 8 September 2022, has been updated to inform customers that the present migration will also include ISIN LU0378818560 SHS XTRACKERS II-SIN.GO.BD.UC.ETF 1C. This ETF will migrate from (CFF) ICSD+ to ICSD (Common Depository) settlement model with record date 7 October 2022 and effective date 10 October 2022.
Clearstream Banking1 informs customers that XTRACKERS II intend to convert their Luxembourgish-domiciled Exchange-Traded Funds (ETFs) to the ICSD model in Common Depository structure, effective
10 October 2022
This migration will consist of 73 ETFs issued under the XTRACKERS II umbrella with record date 7 October 2022 and effective date 10 October 2022.
Impact on customers
No action is required from customers for the conversion of the securities into the international ETF structure. However, depending on the customers’ current settlement arrangements, there may be actions for them to take. Please refer to the attached PDF, which provides relevant details.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500, and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248.