Solactive Appointed as New Index Provider for Xtrackers II Overnight Rate ETFs as DWS Announces Change

DWS, one of the world’s leading asset managers, has announced a change for its Xtrackers Overnight Rate Swap ETFs. Effective 30 November 2023, DWS will transition the index provider for its range of Xtrackers II Overnight Rate Swap UCITS ETFs. The Xtrackers II Sub-Funds will now track indices provided by Solactive. The transition includes:

Xtrackers II EUR Overnight Rate Swap UCITS ETF will shift from the DEUTSCHE BANK EURO OVERNIGHT RATE INDEX® to the Solactive €STR +8.5 Daily Total Return Index.

Xtrackers II USD Overnight Rate Swap UCITS ETF will change from the FED FUNDS EFFECTIVE RATE TOTAL RETURN INDEX® to the Solactive FEDL Daily Total Return Index.

Xtrackers II GBP Overnight Rate Swap UCITS ETF will transition from the SONIA TOTAL RETURN INDEX® to the Solactive SONIA Daily Total Return Index.

Timo Pfeiffer, Chief Markets Officer at Solactive, commented: “We are honored to be the chosen index provider for the range of Xtrackers II Overnight Rate Swap UCITS ETFs. In a world where central banks are sustainably raising interest rates to cope with inflationary pressure while also promoting economic growth, these indices are becoming even more relevant. This transition solidifies the bond between Solactive and DWS, underscoring our commitment to provide top-tier indexing solution. Our goal is to equip investors with the right tools to adeptly navigate the evolving economic landscape, enabling them to potentially harness emerging opportunities and effectively address challenges.”