Methodology Change | Several Solactive Indices | Effective Date 03/07/2023
Today, on 05/06/2023, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
Name |
RIC |
ISIN |
|
Solactive GBS United States 1000 Index |
.US1000 |
DE000SL0A9N7 |
|
Solactive GBS United States 1000 Index NTR |
.US1000N |
DE000SL0A9P2 |
|
Solactive GBS United States 1000 Index TR |
.US1000T |
DE000SL0A9Q0 |
|
Solactive GBS United States 1000 CAD Index |
.US1000C |
DE000SL0DZQ1 |
|
Solactive GBS United States 1000 CAD Index (CA NTR) |
.US1000CC |
DE000SL0DZT5 |
|
Solactive GBS United States 1000 CAD Index NTR |
.US1000CN |
DE000SL0DZR9 |
|
Solactive GBS United States 1000 CAD Index TR |
.US1000CT |
DE000SL0DZS7 |
|
Solactive GBS United States 100 Index |
.US100 |
DE000SL0AFM8 |
|
Solactive GBS United States 100 Index NTR |
.US100N |
DE000SL0AFN6 |
|
Solactive GBS United States 100 Index TR |
.US100T |
DE000SL0AFP1 |
|
Solactive GBS United States 1500 Index |
.US1500 |
DE000SL0AFF2 |
|
Solactive GBS United States 1500 Index NTR |
.US1500N |
DE000SL0AFG0 |
|
Solactive GBS United States 1500 Index TR |
.US1500T |
DE000SL0AFH8 |
|
Solactive GBS United States 400 Index |
.US400 |
DE000SL0AE99 |
|
Solactive GBS United States 400 Index NTR |
.US400N |
DE000SL0AFA3 |
|
Solactive GBS United States 400 Index TR |
.US400T |
DE000SL0AFB1 |
|
Solactive GBS United States 500 10% Capped Index NTR |
.US50010N |
DE000SL0EVZ9 |
|
Solactive GBS United States 500 10% Capped Index PR |
.US50010P |
DE000SL0EVY2 |
|
Solactive GBS United States 500 10% Capped Index TR |
.US50010T |
DE000SL0EV03 |
|
Solactive GBS United States 500 Index |
.US500 |
DE000SL0AE65 |
|
Solactive GBS United States 500 CAD Index |
.US500C |
DE000SL0BBG7 |
|
Solactive GBS United States 500 CAD Index (CA NTR) |
.US500CC |
DE000SL0BBK9 |
|
Solactive GBS United States 500 CAD Index NTR |
.US500CN |
DE000SL0BBH5 |
|
Solactive GBS United States 500 CAD Index TR |
.US500CT |
DE000SL0BBJ1 |
|
Solactive GBS United States 500 EUR Index |
.US500E |
DE000SL0AFQ9 |
|
Solactive GBS United States 500 EUR Index NTR |
.US500EN |
DE000SL0AFR7 |
|
Solactive GBS United States 500 EUR Index TR |
.US500ET |
DE000SL0AFS5 |
|
Solactive GBS United States 500 Index NTR |
.US500N |
DE000SL0AE73 |
|
Solactive GBS United States 500 Index TR |
.US500T |
DE000SL0AE81 |
|
Solactive GBS United States 600 Index |
.US600 |
DE000SL0AFC9 |
|
Solactive GBS United States 600 Index NTR |
.US600N |
DE000SL0AFD7 |
|
Solactive GBS United States 600 Index TR |
.US600T |
DE000SL0AFE5 |
|
Solactive Europe 600 Index |
.EU600 |
DE000SLA9G16 |
|
Solactive Europe 600 Large Cap Index NTR |
.EU600LN |
DE000SL0BUM5 |
|
Solactive Europe 600 Large Cap Index PR |
.EU600LP |
DE000SL0BUL7 |
|
Solactive Europe 600 Large Cap Index TR |
.EU600LT |
DE000SL0BUN3 |
|
Solactive Europe 600 Mid Cap Index NTR |
.EU600MN |
DE000SL0BUQ6 |
|
Solactive Europe 600 Mid Cap Index PR |
.EU600MP |
DE000SL0BUP8 |
|
Solactive Europe 600 Mid Cap Index TR |
.EU600MT |
DE000SL0BUR4 |
|
Solactive Europe 600 Index NTR |
.EU600N |
DE000SLA9G24 |
|
Solactive Europe 600 Small Cap Index NTR |
.EU600SN |
DE000SL0BUT0 |
|
Solactive Europe 600 Small Cap Index PR |
.EU600SP |
DE000SL0BUS2 |
|
Solactive Europe 600 Small Cap Index TR |
.EU600ST |
DE000SL0BUU8 |
|
Solactive Europe 600 Index TR |
.EU600T |
DE000SLA9G32 |
|
Solactive Eurozone Index NTR |
.EUROZN |
DE000SL0BBE2 |
|
Solactive Eurozone Index PR |
.EUROZP |
DE000SL0BBD4 |
|
Solactive Eurozone Index TR |
.EUROZT |
DE000SL0BBF9 |
|
Solactive United States Technology 100 Equal Weight Index |
.USTE100 |
DE000SL0FQ66 |
|
Solactive United States Technology 100 Equal Weight Index NTR |
.USTE100N |
DE000SL0FQ74 |
|
Solactive United States Technology 100 Equal Weight Index TR |
.USTE100T |
DE000SL0FQ82 |
|
Solactive United States Technology 100 EUR Index NTR |
.UST100EN |
DE000SL0E222 |
|
Solactive United States Technology 100 EUR Index PR |
.UST100E |
DE000SL0E214 |
|
Solactive United States Technology 100 EUR Index TR |
.UST100ET |
DE000SL0E230 |
|
Solactive United States Technology 100 Index |
.USIT100 |
DE000SLA9KV9 |
|
Solactive United States Technology 100 Index 5% AR |
.SOLUSTD5 |
DE000SL0C0E3 |
|
Solactive United States Technology 100 Index NTR |
.USIT100N |
DE000SLA9KW7 |
|
Solactive United States Technology 100 Index TR |
.USIT100T |
DE000SLA9KX5 |
|
Solactive United States Technology Next 100 Index |
.USTN100 |
DE000SL0ETZ3 |
|
Solactive United States Technology Next 100 Index NTR |
.USTN100N |
DE000SL0ET07 |
|
Solactive United States Technology Next 100 Index TR |
.USTN100T |
DE000SL0ET15 |
|
Solactive United Kingdom Mid & Small Cap ex Investment Trust Index NTR |
.SOLUKMSN |
DE000SLA93L6 |
|
Solactive United Kingdom Mid & Small Cap ex Investment Trust Index PR |
.SOLUKMSP |
DE000SLA93K8 |
|
Solactive United Kingdom Mid & Small Cap ex Investment Trust Index TR |
.SOLUKMST |
DE000SLA93M4 |
|
SOLACTIVE UNITED KINGDOM LARGE CAP EX INVESTMENT TRUST INDEX PR |
.SOLUKLP |
DE000SLA8HH6 |
|
SOLACTIVE UNITED KINGDOM LARGE CAP EX INVESTMENT TRUST INDEX NTR |
.SOLUKLN |
DE000SLA8HJ2 |
|
SOLACTIVE UNITED KINGDOM LARGE CAP EX INVESTMENT TRUST INDEX TR |
.SOLUKLT |
DE000SLA8HK0 |
Rationale for Methodology Change
Solactive has determined that the current requirement in the relevant guidelines to select a successor stock in case of delisting of a newly determined index component between the Selection and Rebalance Day is inconsistent with Solactive Global Benchmark Series (GBS) practice. Furthermore, the rule exposes the indices’ clients to having to adjust their portfolio trading activities in response to announcements of revised compositions by Solactive, which may arrive until the day of rebalance. The removal of this requirement would bring these indices in line with other GBS indices as well as protect clients from having to implement last-minute changes.
Changes to the Index Guideline
The following Methodology change will be implemented in the following point of the Index Guideline (ordered in accordance with the numbering of the affected sections):
3.1. Ordinary Rebalance
From (old version):
“…Moreover, if a newly determined Index Component is delisted, a successor will be determined based on the rules in Section 2.1 and 2.2; consequently, the member count will be ………..after the respective Rebalance Day.”
To (new version):
“…..”
We are removing the aforementioned rule completely from the relevant guidelines.
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.