ANNOUNCEMENT: Treatment Change for New Zealand Dividends
Solactive AG has decided for a treatment change to the Dividend Taxation Methodology for stocks incorporated and listed in New Zealand with an effective date as of January 20, 2024. The Enhancement aims to increase the replicability of the Solactive AG indices, by reflecting market practices as accurately as possible in the index calculation.
Please find attached the announcement letter related to the changes. It is important to note that the respective treatment change will lead to an adjustment on the Daily Corporate Action File (DCAF). The DCAF description file attached reflects the new/updated fields and their definitions.
If you have any questions, please do not hesitate to contact us.