Methodology Change | Solactive Blockchain & Crypto Technology Index | Effective Date 22/11/2022
Today, on the 07/11/2022, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive Blockchain & Crypto Technology Index PR Solactive Blockchain & Crypto Technology Index NTR Solactive Blockchain & Crypto Technology Index TR Solactive Blockchain & Crypto Technology Index CNTR Solactive Blockchain & Crypto Technology Index AR |
.SOBLCRTP .SOBLCRTN .SOBLCRTT .SOBLCRTC .SOBLCRTA |
DE000SL0FPA1 DE000SL0FPB9 DE000SL0FPC7 DE000SL0FPE3 DE000SL0FPD5 |
Rationale for Methodology Change
Solactive has determined that the FactSet Industry “Miscellaneous Commercial Services” will be part of the eligible FactSet classifications. This decision is based on the changed classification treatment of payment service providers in the FactSet Sector and Industry Classification System. Due to the new treatment, those companies got reclassified from economies “Technology” or “Finance” to “Industrials” (industry: “Miscellaneous Commercial Services”). 5 out of 25 current index constituents are affected by FactSet’s new classification treatment.
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):
Section 2.1
From:
[…]
- Classified under any of the following FactSet Economies:
- Technology
- Finance
[…]
To:
[…]
- Classified under any of the following FactSet Economies or Industry:
- Economy:
- Technology
- Finance
- Industry:
- Miscellaneous Commercial Services
- Economy:
[…]
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.