Overview
Announcements

Methodology Change | Solactive BBVA Next Generation | Effective Date 11/04/2023

Today, on the 24/03/2023, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Solactive BBVA Next Generation Networks EUR Index NTR .SBVNXGEN DE000SL0C1E1
Solactive BBVA Next Generation Networks EUR Index PR .SBVNXGEP DE000SL0C1D3
Solactive BBVA Next Generation Networks EUR Index TR .SBVNXGET DE000SL0C1F8
Solactive BBVA Next Generation Networks MXN Index NTR .SBVNXGPN DE000SL0DUM1
Solactive BBVA Next Generation Networks MXN Index PR .SBVNXGPP DE000SL0DUL3
Solactive BBVA Next Generation Networks MXN Index TR .SBVNXGPT DE000SL0DUN9
Solactive BBVA Next Generation Networks SIC MXN Index NTR .SBVNXGXN DE000SL0E2K4
Solactive BBVA Next Generation Networks SIC MXN Index PR .SBVNXGXP DE000SL0E2J6
Solactive BBVA Next Generation Networks SIC MXN Index TR .SBVNXGXT DE000SL0E2L2
Solactive BBVA Next Generation Networks USD Index NTR .SBVNXGUN DE000SL0DZM0
Solactive BBVA Next Generation Networks USD Index PR .SBVNXGUP DE000SL0DZL2
Solactive BBVA Next Generation Networks USD Index TR .SBVNXGUT DE000SL0DZN8

Rationale for  Methodology Change

The Affected Indices aim to represent the companies that are actively engaged in Solactive BBVA Next Generation EUR Indices. Solactive has determined that the Solactive BBVA Next Generation EUR Index has grown over time and additional companies have entered this rising business segment. Therefore, to ensure a more accurate reflection of the index objective, it is proposed to update the list of FactSet RBICs sectors eligible for the index selection.

Changes to the Index Guideline

The following Methodology changes are proposed in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

 

Section 7.1 Sectors

 

FactSet RBICs sectors removed:

Code Name BBVA Sector Bucket
601010301010 Call Management and Routing Services Core Software & Services
601015151025 Pan-America Wireline Services Telecomunication Services
601015101525 Pan-Asia/Pacific Wireless Services Telecomunication Services
601015151525 Pan-Asia/Pacific Wireline Services Telecomunication Services
601015102020 Pan-Europe Wireless Services Telecomunication Services
601015152020 Pan-Europe Wireline Services Telecomunication Services
601015102510 Multiregion Wireless Services Telecomunication Services

 

FactSet RBICs sectors added:

Code Name BBVA Sector Bucket
601010552010 Asia Excluding China Mixed  Telecommunications Telecomunication Services
601010551510 Australia/New Zealand Mixed Telecom Services Telecomunication Services
601010502010 Canada Mixed Telecommunications Services  Telecomunication Services
601010602010 Central and Eastern Europe Mixed  Telecom Services Telecomunication Services
601010552510 China Mixed Telecommunications Services Telecomunication Services
601010501510 Latin America Mixed Telecommunications Services Telecomunication Services
601010502510 Mexico Mixed Telecommunications Services Telecomunication Services
601010651010 Middle East and Africa Mixed  Telecom Services Telecomunication Services
601010501010 Pan-Americas Mixed Telecommunications Services Telecomunication Services
601010551010 Pan-Asia/Pacific Mixed Telecommunications Services Telecomunication Services
601010601010 Pan-Europe Mixed  Telecommunications Services Telecomunication Services
601010601510 Western Europe Mixed  Telecommunications Services Telecomunication Services
601010402010 Wireline Infrastructure Services Core Equipment

 

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.