Methodology Change | Several Solactive Indices | Effective Date 14/02/2025
Today, on the 30/01/2025, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive Future Cars Index Solactive Future Cars Index GTR Solactive Future Cars Index NTR Solactive Future Cars Index USD Solactive Future Cars Index USD NTR Solactive Global Innovation GTR Index Solactive Global Innovation NTR Index Solactive Global Innovation PR Index Solactive eGaming Index NTR Solactive eGaming Index PR Solactive eGaming Index TR Solactive Global Cyber Security Index Solactive Global Cyber Security Index NTR Solactive Global Cyber Security USD Index NTR Solactive Global Cyber Security USD Index PR Solactive Global Cloud Computing Index PR Solactive Global Cloud Computing Index NTR Solactive Global Cloud Computing Index GTR Solactive Global Healthcare 20 Index Solactive Global Healthcare 20 Index NTR |
.SOLFCAR .SOLFCART .SOLFCARN .SOLFCARU .SOLCARU .SOLEDGET .SOLEDGEN .SOLEDGE .SOEGAMEN .SOEGAMEP .SOEGAMET .SOLGCY .SOLGCYN .SOLGCYUS .SOLGCYUP .SGCLOUDP .SGCLOUDN .SGCLOUDT .SOLHEAL .SOLHEALN |
DE000SLA3WG8 DE000SLA4ZX4 DE000SLA3WH6 DE000SLA3272 DE000SLA3280 DE000SLA5FJ2 DE000SLA5FK0 DE000SLA5FL8 DE000SLA8G58 DE000SLA6EB0 DE000SLA8G66 DE000SLA3WC7 DE000SLA3WF0 DE000SLA5ZD3 DE000SLA5ZE1 DE000SL0BT34 DE000SL0BT42 DE000SL0BT59 DE000SLA3WJ2 DE000SLA3WK0 |
Rationale for Methodology Change
Solactive has observed that global exchanges have different trading holidays, which can significantly impact the scheduled rebalancing of certain indices. These variations often create challenges for end users of our indices, particularly those who place trades well in advance of a rebalancing event. In particular, the Tel Aviv Stock Exchange’s Friday closures, combined with successive holidays that result in week-long shutdowns, have led to frequent delays in the rebalancing of our indices. To address these issues, Solactive is proposing the following changes.
Changes to the Index Guideline
The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
From:
“REBALANCE DAY” is the third Friday in January, April, July and October. If that day is not a TRADING DAY the REBALANCE DAY will be the immediately following TRADING DAY.
To:
“REBALANCE DAY” is the third Friday in January, April, July and October. If that day is not an ELIGIBLE REBALANCE DAY, the REBALANCE DAY will be the immediately following ELIGIBLE REBALANCE DAY.
“ELIGIBLE REBALANCE DAY” is each day that is a TRADING DAY on the New York Stock Exchange (NYSE), NASDAQ, Toronto Stock Exchange (TSX) or London Stock Exchange (LSE).
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.