DUBLIN - iShares IV plc, the entity behind a range of exchange-traded funds (ETFs), has announced a postponement in the update of the benchmark index for the iShares Edge MSCI Europe Multifactor UCITS ETF. The modification, which was initially set to take place on November 26, 2024, has been rescheduled to on or around January 16, 2025.
The fund, which trades under ISINs IE00BZ0PKV06 and IE00BG13YL86, will continue to operate under its current index until the new effective date early next year. In conjunction with this change, a revised version of the company's prospectus is expected to be published to reflect the updated benchmark index details.
iShares has acknowledged that this delay may raise questions among investors and has provided contact information for its regional offices in the United Kingdom (TADAWUL:4280), Germany, and Switzerland for further inquiries. The company has established helplines and email addresses to facilitate communication with shareholders and provide assistance during the transition period.
This postponement allows investors additional time to adjust their portfolios and strategies according to the upcoming changes. iShares, as part of BlackRock (NYSE:BLK), is known for offering a variety of ETFs that track indices across a range of asset classes and regions.
The announcement was made through RNS, the news service of the London Stock Exchange (LON:LSEG), and is recognized by the Financial Conduct Authority in the UK. It's important to note that the information in this article is based on a press release statement from iShares IV plc.
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