Extraordinary Adjustment | Solactive Canadian Bond Universe TR Index | 08th February 2021

After a review of the index constituents, we have detected a number of instruments that have been included in the index in previous rebalancings which we have now determined to be convertible bonds. According to the index guideline, convertible bonds are to be excluded from the index composition. 

Section 4.2 of our correction policy states that “the correction takes place by performing a rebalance in accordance with the provisions in the guideline of the affected Index with the following conditions: the date of error discovery will be regarded as an extraordinary selection day. The Index level will be continuously calculated on the basis of the corrected composition. Index levels for the period between the event in connection with which the error occurred and the time such error has been identified are not restated.”

In accordance with this policy, the below bond will be deleted from the index at the close of business on February 8, 2021.

Deletions:

For more details on the index composition and the adjustment rules applicable to an index, please refer to the respective index detail page on this website.