Methodology change | Solactive Cure, Health and Wellbeing Index | Effective Date 19 October 2021
Today, on the 18th of October 2021, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive Cure, Health and Wellbeing Index PR |
.SOLCHWP |
DE000SL0AVT0 |
Solactive Cure, Health and Wellbeing Index NTR |
.SOLCHWN |
DE000SL0AVU8 |
Solactive Cure, Health and Wellbeing Index GTR |
.SOLCHWT |
DE000SL0AVV6 |
Solactive Cure, Health and Wellbeing Index AR |
.SOLCHWA |
DE000SL0AVW4 |
Rationale for methodology change
Solactive has determined that the current selection criteria as portrayed in the guideline were no longer in line with the prescribed ESG standards underpinning the selection of the Affected Indices’ members. Hence, various selection criteria will be modified in order to comply with the new ESG standards. The changes are reflected in the description of the selection criteria under section 2.1 and 6 of the index Guideline of the Affected Indices.
Changes to the Index Guideline
The following Methodology changes will be implemented in the following points of the Index Guideline:
The wording in Section 2.1.5 of the index guideline is replaced by the following wording:
“5. Eligible based on the below TOWARDS SUSTAINABILITY QUALITY STANDARD available under the following links:
https://www.towardssustainability.be/sites/default/files/files/RevisedQS_Technical_20210531.pdf.”
The following criteria will be incorporated under the section 2.1.6 with the following wording:
“6. In instances whereby the currently applied criteria are stricter than the requirements of the Revised Towards Sustainability Quality Standard, the Index Administrator will adhere to the stricter criteria as defined in the guideline.”
The following definitions will be incorporated under the section 6 with the following wording:
“Towards Sustainability screening criteria” shall have the meaning as defined by the Revised Towards Sustainability Quality Standard.”
“Revised Towards Sustainability Quality Standard” incorporated by reference and available here the following links:”
“https://www.towardssustainability.be/sites/default/files/files/RevisedQS_Technical_20210531.pdf
Previous version: https://towardssustainability.be/sites/default/files/files/OriginalQS_Final_201902.pdf”
The following definition will be removed from the section 6:
“FEBELFIN” is the official Belgian federation of the financial sector.”
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.