METHODOLOGY CHANGE | ForAll Core & More US Equity Index | January 2025
Today, on the 01/24/2025, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
Name |
ISIN |
RIC |
ForAll Core & More US Equity Index PR |
DE000SL0K211 |
.SOLFCMUP |
ForAll Core & More US Equity Index NTR |
DE000SL0K229 |
.SOLFCMUN |
ForAll Core & More US Equity Index TR | DE000SL0K237 | .SOLFCMUT |
Rationale for Methodology Change
ForAll Core & More US Equity Index tracks the price movements of a portfolio of Exchange Traded Funds
selected and weighted based on calculated signals. Index Universe is comprised of 4 ETF’s and 3 of the
ETF’s hedged USD to CAD except SPYX ETF. Proposed change is to replace SPYX with CAD hedged
instrument tracking SPYX ETF performance.
Changes to the Index Guideline
The following Methodology changes are proposed in the following points of the Index Guideline
1.1. SCOPE OF THE INDEX
From:
The Index tracks the price movements of a portfolio of Exchange Traded Funds selected and weighted
based on calculated signals.
To:
The Index tracks the price movements of a portfolio of Exchange Traded Funds selected and weighted
based on calculated signals. Any Exchange Traded Fund not hedging USD exposure to CAD will be
represented by an index calculated by Solactive with a currency hedge feature (to CAD).
2.1. INDEX UNIVERSE
From:
The Index Universe is comprised of the 4 Exchange Traded Funds (Index Component) set forth in the table below:
|
Index Component |
Bloomberg Code |
Exchange* |
Currency |
1 |
SPDR S&P 500 Fossil Fuel Reserves Free Index ETF |
SPYX |
NYSE Arca |
USD |
2 |
iShares Gold Bullion ETF (CAD-Hedged) |
CGL |
TSX Toronto Exchange |
CAD |
3 |
BetaPro S&P 500 VIX Short-Term Futures ETF |
HUV |
TSX Toronto Exchange |
CAD |
4 |
BetaPro NASDAQ-100® 2x Daily Bull ETF |
HQU |
TSX Toronto Exchange |
CAD |
To:
The Index Universe is comprised of the 4 instruments (Index Component) set forth in the table below:
|
Index Component |
Bloomberg Code |
Exchange* |
Currency |
1 |
Solactive Fossil Fuel Reserves Select Index Hedged to CAD |
|
|
CAD |
2 |
iShares Gold Bullion ETF (CAD-Hedged) |
CGL |
TSX Toronto Exchange |
CAD |
3 |
BetaPro S&P 500 VIX Short-Term Futures ETF |
HUV |
TSX Toronto Exchange |
CAD |
4 |
BetaPro NASDAQ-100® 2x Daily Bull ETF |
HQU |
TSX Toronto Exchange |
CAD |
6. DEFINITIONS
To:
“Solactive Fossil Fuel Reserves Select Index Hedged to CAD”: is CAD hedged index with SPYX ETF as single constituent in the underlying equity index.