Overview
Announcements

Methodology change | F.A.Z. Euro Index Family | Effective Date 05 January 2023

Today, on the 22th of December 2022, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

 

Name RIC ISIN
F.A.Z. Euro Energie Index .FAZESE DE000SLA1SE5
F.A.Z. Euro Energie Index (TR) .FAZESETR DE000SLA2SE3
F.A.Z. Euro ex Banken Index .FAZEXBA DE000SLA8EA8
F.A.Z. Euro ex Banken Index (TR) .FAZEXBAT DE000SLA8EB6
F.A.Z. Euro Finanz Index .FAZESF DE000SLA1SF2
F.A.Z. Euro Finanz Index (TR) .FAZESFTR DE000SLA2SF0
F.A.Z. Euro Gesundheit Index .FAZESH DE000SLA1SH8
F.A.Z. Euro Gesundheit Index (TR) .FAZESHTR DE000SLA2SH6
F.A.Z. Euro Grundstoffe Index .FAZESG DE000SLA1SG0
F.A.Z. Euro Grundstoffe Index (TR) .FAZESGTR DE000SLA2SG8
F.A.Z. Euro Index .FAZEURO DE000SLA1FE2
F.A.Z. Euro Index (TR) .FAZEUROT DE000SLA2FE0
F.A.Z. Euro Industrie Index .FAZESI DE000SLA1SJ4
F.A.Z. Euro Industrie Index (TR) .FAZESITR DE000SLA2SJ2
F.A.Z. Euro Konsum Index .FAZESK DE000SLA1SK2
F.A.Z. Euro Konsum Index (TR) .FAZESKTR DE000SLA2SK0
F.A.Z. Euro Technologie Index .FAZEST DE000SLA1ST3
F.A.Z. Euro Technologie Index (TR) .FAZESTTR DE000SLA2ST1
F.A.Z. Euro Telekommunikation Index .FAZESC DE000SLA1SC9
F.A.Z. Euro Telekommunikation Index (TR) .FAZESCTR DE000SLA2SC7
F.A.Z. Euro Transport Index .FAZESU DE000SLA1SU1
F.A.Z. Euro Transport Index (TR) .FAZESUTR DE000SLA2SU9
F.A.Z. Euro Versorgung Index .FAZESV DE000SLA1SV9
F.A.Z. Euro Versorgung Index (TR) .FAZESVTR DE000SLA2SV7

Rationale for  Methodology  Change

In order to take account of the European Benchmark regulation and to ensure operational permeability in the index calculation the methodology of the F.A.Z. Euro Index Family will be adjusted.   

Changes to the Index Guideline

The following Methodology changes will be implemented:

  • Change of language from German to English and update of format
  • Solactive AG becomes Administrator of the indices, which are already calculated by Solactive AG. The Frankfurter Allgemeine Zeitung GmbH remains the owner of the Index Family
  • The „F.A.Z.-Index-Komitee” will be replaced by Solactive AG as administrator with reference to the update guideline
  • Determination of the index weights as part of the ordinary index adjustment is based on the data as of selection day
  • Ordinary capital measures and extraordinary events, e.g. stock market delistings as part of a takeover, are implemented by Solactive AG in accordance with the Solactive Equity Index methodology.

 

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.