Methodology Change | Solactive Omaha Alpha Index | Effective Date 07/11/2022
Today, on the 03/11/2022, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
NAME | RIC | ISIN |
Solactive Omaha Alpha Index NTR | .SOOMAHAN | DE000SL0BF14 |
Solactive Omaha Alpha Index PR | .SOOMAHAP | DE000SL0BF06 |
Solactive Omaha Alpha Index TR | .SOOMAHAT | DE000SL0BF22 |
Rationale for Methodology Change
Solactive has determined that to reduce the operational risks and improve the rebalancing process, a methodology change would be required. The selection and rebalance dates for the aforementioned indices will be altered. The methodology will undergo changes as depicted in the next sections.
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):
- The wording in Section 6 of the index guideline is replaced by the following wording:
From (old version):
“[…]
“REBALANCE DAY” is the fourth Thursday in February, May, August and November. If that day is not a TRADING
DAY the REBALANCE DAY will be the immediately following TRADING DAY.
“SELECTION DAY” is the third Thursday in February, May, August and November, disregarding any potential
change of the REBALANCE DAY.
[…]“
To (new version):
“[…]
“Rebalance Day” is the last CALCULATION DAY in February, May, August and November. If that day is not a TRADING DAY, the REBALANCE DAY will be the immediately following TRADING DAY.
“Selection Day is 10 CALCULATION DAYS before the REBALANCE DAY, disregarding any potential change of 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.