Methodology Change | Solactive ISS ESG Screened Index Series, Solactive ISS ESG Screened UCITS Index Series, Solactive Unscreened UCITS Index Series | Effective Date 05/05/2020
Today, on the 28/04/2020, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive ISS ESG Screened EM EMEA Index PR |
.SESGEAP |
DE000SLA7ZC1 |
|
Solactive ISS ESG Screened EM EMEA Index NTR |
.SESGEAN |
DE000SLA7ZD9 |
|
Solactive ISS ESG Screened EM EMEA Index TR |
.SESGEAT |
DE000SLA7ZE7 |
|
Solactive ISS ESG Screened EM EMEA UCITS Index PR |
.SESGEAUP |
DE000SLA7ZF4 |
|
Solactive ISS ESG Screened EM EMEA UCITS Index NTR |
.SESGEAUN |
DE000SLA7ZG2 |
|
Solactive ISS ESG Screened EM EMEA UCITS Index TR |
.SESGEAUT |
DE000SLA7ZH0 |
|
Solactive ISS ESG Screened EM EMEA ex Saudi Arabia UCITS Index PR |
.SESGEAXUP |
DE000SLA8H40 |
|
Solactive ISS ESG Screened EM EMEA ex Saudi Arabia UCITS Index NTR |
.SESGEAXU |
DE000SLA70D1 |
|
Solactive ISS ESG Screened EM EMEA ex Saudi Arabia UCITS Index NTR |
.SESGEAXUT |
DE000SLA8H57 |
|
Solactive EM EMEA UCITS Index PR |
.SOLEALMP |
DE000SLA8FA5 |
|
Solactive EM EMEA UCITS Index NTR |
.SOLEALMN |
DE000SLA8E92 |
|
Solactive EM EMEA UCITS Index TR |
.SOLEALMT |
DE000SLA8FB3 |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index PR |
.SOLXSLMP |
DE000SLA8E76 |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index NTR |
.SOLXSLMN |
DE000SLA8E68 |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index TR |
.SOLXSLMT |
DE000SLA8E84 |
Rationale for methodology change
The Solactive ISS ESG Screened Index Series, Solactive ISS ESG Screened UCITS Index Series, and Solactive Unscreened UCITS Index Series aim to track various size and regional segments of the global stock market. Solactive has determined that the methodology of the indices mentioned above shall be amended to reflect the reclassification of Poland from an Emerging Market classification to a Developed Market classification (see https://www.solactive.com/solactive-country-classification-2019/).
Changes to the Index Guideline
The following Methodology changes are applied in the following point of the Index Guideline:
- Solactive ISS ESG Screened Index Series:
For the Solactive ISS ESG Screened EM EMEA Index, the Solactive GBS Poland Large & Mid Cap USD Index PR is removed as part of the Index Universe as Poland is not classified as an EM country anymore. Originally, the requirements read:
|
Index |
Index Universe |
|
Solactive ISS ESG Screened EM EMEA Index |
Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Poland Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR |
Therefore, section 4 “Index Universe” will read as follows:
|
Index |
Index Universe |
|
Solactive ISS ESG Screened EM EMEA Index |
Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR |
- Solactive ISS ESG Screened UCITS Index Series:
Section 4 Index Universe
For the Solactive ISS ESG Screened EM EMEA UCITS Index and the Solactive ISS ESG Screened EM EMEA ex Saudi Arabia UCITS Index, the Solactive GBS Poland Large & Mid Cap USD Index PR is removed as part of the Index Universe as Poland is not classified as an EM country anymore. Originally, the requirements read:
|
Index |
Index Universe |
|
Solactive ISS ESG Screened EM EMEA ex Saudi Arabia UCITS Index NTR |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Poland Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR |
|
Solactive ISS ESG Screened EM EMEA UCITS Index |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Poland Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR |
Therefore, section 4 “Index Universe” will read as follows:
|
Index |
Index Universe |
|
Solactive ISS ESG Screened EM EMEA ex Saudi Arabia UCITS Index NTR |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR |
|
Solactive ISS ESG Screened EM EMEA UCITS Index |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR |
- Solactive Unscreened UCITS Index Series:
Section 2.1 Index Universe Requirements
For the Solactive EM EMEA UCITS Index and the Solactive EM EMEA ex Saudi Arabia UCITS Index, the Solactive GBS Poland Large & Mid Cap USD Index PR is removed as part of the Index Universe as Poland is not classified as an EM country anymore. Originally, the requirements read:
|
Index |
Index Universe |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index NTR |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Poland Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR |
|
Solactive EM EMEA UCITS Index |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Poland Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR |
Therefore, section 2.1 “Index Universe Requirements” will read as follows:
|
Index |
Index Universe |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index NTR |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR |
|
Solactive EM EMEA UCITS Index |
1. Members of the latest selection of the: Solactive GBS Czech Republic Large & Mid Cap USD Index PR Solactive GBS Egypt Large & Mid Cap USD Index PR Solactive GBS Greece Large & Mid Cap USD Index PR Solactive GBS Hungary Large & Mid Cap USD Index PR Solactive GBS Qatar Large & Mid Cap USD Index PR Solactive GBS Russia Large & Mid Cap USD Index PR Solactive GBS Turkey Large & Mid Cap USD Index PR Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR Solactive GBS South Africa Large & Mid Cap USD Index PR Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR |
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.