Methodology Change | Solactive Junior Gold Miners Custom Factors Index | Effective Date 30/09/2024
Today, on the 29/08/2024, Solactive announces the following changes to the methodology of the following indices(the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive Junior Gold Miners Custom Factors Index PR Solactive Junior Gold Miners Custom Factors Index NTR Solactive Junior Gold Miners Custom Factors Index TR |
.SOLJGMFP .SOLJGMFN .SOLJGMFT |
DE000SLA6V02 DE000SLA6V10 DE000SLA6V28 |
Rationale for Methodology Change
Solactive has determined to change the Selection and Rebalance schedule to the quarter-end-months March and September because it has been observed that within these months liquidity in the stock markets for companies active in the gold mining industry is especially high, which ensures a smoother rebalance process and in turn improves index replicability.
Changes to the Index Guideline
Section 4 Definitions
From:
[…]
The “Rebalance Day” is 5 Business Days after the Selection Day. If that day is not a Trading Day the Rebalance Day will be the immediately following Trading Day.
The “Selection Day” is the 3rd Thursday of May and November.
[…]
To:
[…]
The “Rebalance Day” is the third Friday of the months March, and September. If that day is not a Trading Day the Rebalance Day will be the immediately following Trading Day.
The “Selection Day” is 5 Business Days before the Rebalance 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.