L&G ETF Undergoes Investing.com Cybersecurity Index Rebranding
LONDON – Legal and general (LON:) UCITS ETF PLC, a prominent investment management company, has announced an upcoming change to one of its sub-funds, specifically the L&G Emerging Cyber Security ESG Exclusions UCITS ETF. In a recent announcement to its registered shareholder, the company detailed that the fund’s index provider, Solactive AG, will rename the index on which the fund is based. The change should take effect around January 30, 2025.
The current index, known as the Solactive Emerging Cyber Security Index, will be renamed the Solactive Cyber Security Innovation Index. Consequently, the name of the fund will also change, in accordance with the new name of the index. After the rebranding, the fund will be known as L&G Cyber Security Innovation UCITS ETF.
This rebranding is significant for the fund, which monitors the performance of companies engaged in the cyber security sector. The name change reflects a shift in focus towards innovation within the cybersecurity industry. It is important to note that renaming the index and the fund does not necessarily mean a change in the investment strategy or management of the fund itself.
Investors and interested parties can access the shareholder notice detailing these changes on the National Storage Mechanism website and the Legal & General Investment Management (LGIM) website. LGIM has provided contact details for those seeking further details on the name change.
It is important to note that this article is based on a press release. The change of index and fund name is a factual event, and the information provided here is intended to inform investors and the public about upcoming changes without speculation or promotional intent.
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