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):
- 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.