Clearstream Banking1 wishes to inform customers that Fidelity Fund Management (Ireland) intends to convert its Irish-domiciled and Global Bearer Certificate Exchange-Traded Funds (ETFs) to the ICSD model in Common Depository structure, effective
2 September 2019
This migration will consist of 10 ETFs issued under the Fidelity Ucits Icav umbrella with record date 30 August 2019 and effective date 2 September 2019.
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.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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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.
