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Announcements

Announcement – Methodology Change | Several Solactive Indices, Change of calculation methodology from GURU to STANDARD | Effective date starting 05/06/2023

Today, on 02/06/2023, Solactive announces the following changes to the methodology of the following index/Indices (the ‘Affected Index/Indices’):

Index Name RIC ISIN Effective Date
Solactive BrandFinance European Leaders Select 30 Index .SOBFELSG DE000SLA2KU6 2023-06-05
Solactive BrandFinance European Leaders Select 30 Net Index .SOBFELSN DE000SLA2KT8 2023-06-05
Solactive BrandFinance® European Leaders Select 30 Index .SOBFELSP DE000SLA2KS0 2023-06-05
Solactive Sustainable Development Goals World SEK Index .SOGOALSK DE000SLA3NX2 2023-06-12
Solactive Sustainable Development Goals World EUR Index .SOGOALWE DE000SLA2M49 2023-06-12
Solactive Eurozone Exporters Gross Index .SOLEUEXPG DESOLEUEXPG1 2023-06-19
Solactive US Deep Value Select 50 Gross Total Return Index .SOLUDVSG DE000SLA3J84 2023-06-19
Solactive US Deep Value Select 50 Index .SOLUDVSN DE000SLA3J76 2023-06-19
Solactive US Deep Value Select 50 Index .SOLUDVSP DE000SLA3J68 2023-06-19
Solactive Deep Value World MV Index .SOLWDEEP DE000SLA2Y86 2023-07-03
Solactive Deep Value World MV GTR Index .SOLWDVG DE000SLA2ZA6 2023-07-03
Solactive Deep Value World MV NTR Index .SOLWDVN DE000SLA2Y94 2023-07-03
European Climate Change ESG GTR .ECCEGTR DE000SLA1G14 2023-07-10
European Climate Change ESG NTR .ECCENTR DE000SLA1G22 2023-07-10
European Climate Change ESG .SOLECCE DE000SLA1G06 2023-07-10
Solactive BrandFinance European Leaders Select 30 Gross Index .SOBFELLG DE000SLA2BV3 2023-06-26
Solactive BrandFinance Leaders Low Risk 30 Index  .SOBFELLN DE000SLA2BU5 2023-06-26
Solactive BrandFinance Leaders Low Risk 30 Index .SOBFELLP DE000SLA2BS9 2023-06-26
Solactive France 40 Equal Weight Index GTR .SOLFEWG DE000SL0BA19 2023-06-26

 

Rationale for Methodology Change

Solactive has determined to alter the calculation logic of the Indices, replacing the “Guru” calculation logic as defined in the current Indices’ guidelines with the Solactive Standard Logic defined in the Solactive Equity Index Methodology (available under https://www.solactive.com/documents/).

The transition will maintain the constituents and weights of the Indices on the effective date of the transition. From the transition day forward the calculation logic and corporate action treatments would be defined by the Equity Index Methodology, and will not retain any features of the Guru pricing and reinvestment logic. The Indices Composition logic, Scope and Investment objectives remain unchanged.

New Guidelines for each Index family will be uploaded on Solactive’s website on the effective date of the transition.

Changes to the Index Guideline

For all Indices, the entire guideline will be removed and replaced with a new version based on the Solactive Standard Guideline.  :

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.