Methodology Change | Several Solactive Indices | Effective Date 19/04/2024
Today, on the 05/04/2024, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive MLP Infrastructure Index Solactive MLP Infrastructure (Gross) Index Solactive MLP Infrastructure Index (Price) Solactive Global Clean Water Industry v2 Index NTR Solactive Global Clean Water Industry v2 Index PR Solactive Global Clean Water Industry v2 Index GTR Solactive Blockchain v2 Index PR Solactive Blockchain v2 Index GTR Solactive Social Media Total Return Index Solactive Disruptive Materials v2 Index NTR Solactive Disruptive Materials v2 Index PR Solactive Disruptive Materials v2 Index GTR Solactive Global Hydrogen v2 Index PR Solactive Global Hydrogen v2 Index GTR Solactive AgTech and Food Innovation v2 Index PR Solactive AgTech and Food Innovation v2 Index GTR Solactive Global Clean Water Industry Index NTR Solactive Global Clean Water Industry Index PR Solactive Global Clean Water Industry Index GTR Solactive Blockchain Index Solactive Blockchain v2 Index Solactive Blockchain Index PR Solactive Blockchain Index GTR Solactive Disruptive Materials Index Solactive Disruptive Materials v2 Index Solactive Disruptive Materials Index NTR Solactive Disruptive Materials Index PR Solactive Disruptive Materials Index GTR Solactive Autonomous & Electric Vehicles Index Solactive Autonomous & Electric Vehicles v2 Index Solactive Autonomous & Electric Vehicles Index GTR Solactive Autonomous & Electric Vehicles Index PR Solactive E-commerce Index Solactive E-commerce v2 Index Solactive E-commerce Index (PR) Solactive E-commerce Index (TR) Solactive Telemedicine & Digital Health Index Solactive Telemedicine & Digital Health Index PR Solactive Telemedicine & Digital Health Index TR Solactive Global Hydrogen Index Solactive Global Hydrogen v2 Index Solactive Global Hydrogen Index PR Solactive Global Hydrogen Index GTR Solactive Global Copper Miners Total Return v2 Index Solactive Global Copper Miners Total Return Index Solactive Global Silver Miners Total Return Index Solactive Global Silver Miners Total Return v2 Index Solactive Genomics Index Solactive Genomics v2 Index Solactive Genomics Index (PR) Solactive Genomics Index (TR) Solactive Global Gold Explorers & Developers Total Return Index Solactive Thematic Growth Index Solactive Thematic Growth Index NTR Solactive Thematic Growth Index PR Solactive Video Games & Esports Index Solactive Video Games & Esports Index GTR Solactive Video Games & Esports Index PR Solactive Video Games & Esports v2 Index Solactive AgTech and Food Innovation Index Solactive AgTech and Food Innovation v2 Index Solactive AgTech and Food Innovation Index PR Solactive AgTech and Food Innovation Index GTR Solactive Global Lithium Index Solactive Global Lithium v2 Index Solactive Global Lithium v2 Index PR Solactive Global Lithium v2 Index TR Solactive Global Lithium (EUR) Index Solactive MLP & Energy Infrastructure Index Solactive Solar Index Solactive Solar v2 Index Solactive Solar Index PR Solactive Solar Index GTR Solactive Global Uranium & Nuclear Components TR v2 Index Solactive Global Uranium & Nuclear Components Total Return Index Solactive Data Center REITs & Digital Infrastructure Index Solactive Data Center REITs & Digital Infrastructure v2 Index Solactive Data Center REITs & Digital Infrastructure Index PR Solactive Data Center REITs & Digital Infrastructure v2 Index PR Solactive Data Center REITs & Digital Infrastructure Index TR Solactive Data Center REITs & Digital Infrastructure v2 Index TR Solactive Wind Energy Index Solactive Wind Energy v2 Index Solactive Wind Energy Index PR Solactive Wind Energy Index GTR Solactive Solar v2 Index PR Solactive Solar v2 Index GTR Solactive Wind Energy v2 Index PR Solactive Wind Energy v2 Index GTR |
.MLPAMID .MLPAMIDG .MLPAMIDP .SOAQWA2 .SOAQWAP2 .SOAQWAT2 .SOBKCH2P .SOBKCH2T .SOCL .SODMAT2N .SODMAT2P .SODMAT2T .SOGHYD2P .SOGHYD2T .SOKROP2P .SOKROP2T .SOLAQWA .SOLAQWAP .SOLAQWAT .SOLBKCH .SOLBKCH2 .SOLBKCHP .SOLBKCHT .SOLDMAT .SOLDMAT2 .SOLDMATN .SOLDMATP .SOLDMATT .SOLDRIV .SOLDRIV2 .SOLDRIVGTR .SOLDRIVPR .SOLEBIZ .SOLEBIZ2 .SOLEBIZP .SOLEBIZG .SOLEDOC .SOLEDOCP .SOLEDOCT .SOLGHYD .SOLGHYD2 .SOLGHYDP .SOLGHYDT .SOLGLOCM .SOLGLOCO .SOLGLOSI .SOLGLOSM .SOLGNOM .SOLGNOM2 .SOLGNOMPR .SOLGNOMGTR .SOLGOEX .SOLGXTG .SOLGXTGN .SOLGXTGP .SOLHERO .SOLHEROT .SOLHEROP .SOLHERO2 .SOLKROP .SOLKROP2 .SOLKROPP .SOLKROPT .SOLLIT .SOLLIT2 .SOLLIT2P .SOLLIT2T .SOLLITE .SOLMLPX .SOLRAYS .SOLRAYS2 .SOLRAYSP .SOLRAYST .SOLURAN2 .SOLURANT .SOLVPN .SOLVPN2 .SOLVPNP .SOLVPNP2 .SOLVPNT .SOLVPNT2 .SOLWNDY .SOLWNDY2 .SOLWNDYP .SOLWNDYT .SORAYS2P .SORAYS2T .SOWNDY2P .SOWNDY2T |
DE000SLA4HN3 DE000SL0ALT1 DE000SLA4HM5 DE000SL0CZS9 DE000SL0CZR1 DE000SL0CZT7 DE000SL0D1U6 DE000SL0D1W2 DE000SLA1SM8 DE000SL0EW85 DE000SL0EW51 DE000SL0EW77 DE000SL0D1N1 DE000SL0D1Q4 DE000SL0D1X0 DE000SL0D1Z5 DE000SL0CZH2 DE000SL0CZG4 DE000SL0CZJ8 DE000SL0DNR5 DE000SL0D1V4 DE000SL0DNQ7 DE000SL0DNS3 DE000SL0EWY0 DE000SL0EW69 DE000SL0EW02 DE000SL0EWX2 DE000SL0EWZ7 DE000SLA5MZ4 DE000SL0C7Z3 SOLDRIVGTR12 SOLDRIVPR123 DE000SLA63W6 DE000SL0C6J9 SOLEBIZP0000 SOLEBIZG0000 DE000SL0A121 DE000SL0A139 DE000SL0A147 DE000SL0DNU9 DE000SL0D1P6 DE000SL0DNT1 DE000SL0DNV7 DE000A1DKEA1 DE000A1DKEA1 DE000A1DKEB9 DE000SL0EWD4 DE000SLA7166 DE000SL0C6K7 SOLGNOMPR000 SOLGNOMGTR00 DE000SLA2PP5 DE000SLA9LH6 DE000SLA9LG8 DE000SLA9LF0 DE000SLA9Q30 DE000SLA9Q48 DE000SLA9Q55 DE000SL0BWE8 DE000SL0DNX3 DE000SL0D1Y8 DE000SL0DNW5 DE000SL0DNY1 DE000A1EY8J4 DE000SL0CGT7 DE00SOLLIT2P DE00SOLLIT2T DE000SLA0LE2 DE000SLA0XX7 DE000SL0EBF3 DE000SL0D1S0 DE000SL0EBE6 DE000SL0EBG1 DE000SL0EWE2 DE000SLA4825 DE000SL0BVK7 DE000SL0C6H3 DE0000SOLVNP DE00SOLVPNP2 DE0000SOLVNT DE00SOLVPNT2 DE000SL0EBJ5 DE000SL0D1L5 DE000SL0EBH9 DE000SL0EBK3 DE000SL0D1R2 DE000SL0D1T8 DE000SL0D1K7 DE000SL0D1M3 |
Rationale for Methodology Change
Solactive has determined that Over the past several rebalance cycles for the indices, there has been an increasing trend of rebalance day postponements resulting from trading day exemptions and exchange holidays for one or more current or future index components. Due to the global nature of these indices, we have observed delays in the rebalance date resulting from exchange holidays. Considering exchange holidays of all relevant exchanges in indices with international market exposures can lead to lengthy postponements of the rebalance date. Moreover, the day immediately following an exchange closure results in relatively high illiquidity compared to the second day following an exchange closure.
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):
- DEFINITIONS
From:
“Adjustment Day” is the last BUSINESS DAY in February and August. If that day is not a Trading Day or Calculation Day the Adjustment Day will be the immediately following Trading Day.
“Calculation Day” is every weekday from Monday to Friday. A day on which the New York Stock Exchange (NYSE) and/or NASDAQ are not open for general business is not a Calculation Day.
“Rebalance Day” is the last BUSINESS DAY in May and November. If that day is not a Trading Day or Calculation Day the Rebalance Day will be the immediately following Trading Day.
To:
“Adjustment Day” is the last BUSINESS DAY in February and August. If that day is not a Calculation Day the Adjustment Day will be the second following Calculation Day.
“Calculation Day” is every weekday from Monday to Friday. A day on which the New York Stock Exchange (NYSE), NASDAQ or London Stock Exchange are not open for general business is not a Calculation Day.
“Rebalance Day” is the last BUSINESS DAY in May and November. If that day is not a Calculation Day the Rebalance Day will be moved to the second following Calculation Day.
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.