Overview
Announcements

Methodology Change | Solactive L&G ESG Hedged Indices | Effective Date 31/07/2020

Today, on the 17/07/2020 Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

NAME

RIC

ISIN

Solactive L&G ESG Developed ex UK GBP Hedged

.SOESGDGH

DE000SLA8SQ4

Solactive L&G ESG North America GBP Hedged

.SOESGNAH

DE000SLA8SR2

Solactive L&G ESG Europe ex UK GBP Hedged

.SOESGEUH

DE000SLA8SS0

Solactive L&G ESG Japan GBP Hedged

.SOESGJPH

DE000SLA8ST8

Solactive L&G ESG APAC ex Japan GBP Hedged

.SOESGAPH

DE000SLA8SU6

 

Rationale for methodology change

Solactive has determined that in order to aligned our indices with a more replicable strategy, and to reflect a closer behavior as per market’s standards, we will change the existing selection date for our currency weights fixing.

Changes to the Index Guideline

Section 6 Definitions

From

“SELECTION DAY” is the day when the currency weights for the hedge are determined, is the last Business day of each month […]

To

“SELECTION DAY” is the day when the currency weights for the hedge are determined, is the second latest Business day of each month […]”

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.