Overview
Announcements

Methodology Change | WILDERHILL NEW ENERGY GLOBAL INNOVATION INDEX | Effective Date 09/09/2021

Today, on the 26/08/2021, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

NAME

RIC

ISIN

Wilderhill New Energy Global Innovation Index (USD)

.NEX

US96811Y1029

Wilderhill New Energy Global Innovation Index (USD NTR)

.NEXUSN

DE000SLA47C1

Wilderhill New Energy Global Innovation Index (USD TR)

.NEXUST

DE000SLA4684

Wilderhill New Energy Global Innovation Index (EUR)

.NEXEU

DE000SLA4650

Wilderhill New Energy Global Innovation Index (EUR NTR)

.NEXEUN

DE000SLA47D9

Wilderhill New Energy Global Innovation Index (EUR TR)

.NEXEUT

DE000SLA4692

Wilderhill New Energy Global Innovation Index (GBP)

.NEXBP

DE000SLA4668

Wilderhill New Energy Global Innovation Index (GBP NTR)

.NEXBPN

DE000SLA47E7

Wilderhill New Energy Global Innovation Index (GBP TR)

.NEXBPT

DE000SLA47A5

Wilderhill New Energy Global Innovation Index (JPY)

.NEXJY

DE000SLA4676

Wilderhill New Energy Global Innovation Index (JPY NTR)

.NEXJYN

DE000SLA47F4

Wilderhill New Energy Global Innovation Index (JPY TR)

.NEXJYT

DE000SLA47B3

 

Rationale for Methodology Change

The Affected Indices provide exposure to companies that have business operations in innovative climate change solutions which include clean energy, renewables, decarbonization and energy efficiency.  In order to meet liquidity requirements that properly reflect the current market conditions revolving around ESG, Solactive determined to increase the AVERAGE DAILY VALUE TRADED over the last 30 days prior to the SELECTION DAY from USD 25K to USD 250K on the next regular quarterly rebalance and going forward.

Changes to the Index Guideline

The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

  1. Section 2.2. – SELECTION OF THE INDEX COMPONENTS

From (old version)

[…]

AVERAGE DAILY VALUE TRADED over the last 30 days prior to the SELECTION DAY is larger than USD 25k.

[…]

To (new version):

AVERAGE DAILY VALUE TRADED over the last 30 days prior to the SELECTION DAY is larger than USD 250k.

 

Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Indices. The amended version of the index guideline will be available on the effective date.