Methodology Change | Solactive United States Technology Regulated Capped Indices | Effective Date 02/02/2023

Today, on the 19/01/2023, Solactive announces the following changes to the methodology of the following index/Indices (the ‘Affected Index/Indices’):

Rationale for Methodology Change

Solactive is announcing the change to  data vendor for the selection of the relevant securities from the Refinitiv TRBC classification to the FactSet RBICS one. The mapping of the relevant industries has been done so that to correspond to the existing scope of the index and will let it maintain a very similar exposure to the existing one.  The exact details of the change is reflected in the description of Index Universe requirements in section 2.1 of the index Guideline of the Affected Indices.

Changes to the Index Guideline

The following change will be implemented in Section 2.1 Index Universe Requirements:

From:

[…]

Second, companies need to fulfill the following additional criteria:

• Securities must be assigned to the Economic Sector “Technology”, and not assigned to any of the following:
  • Business Sector: Financial Technology (Fintech) & Infrastructure, Telecommunications Services
  • Industry Group: Communications & Networking, Integrated Hardware & Software
  • Industry: Household Electronics
  • Activity: Internet Security & Transactions Services, E-commerce & Auction Services, Online Services (NEC), Internet Gaming, IT Services & Consulting (NEC)

according to the Refinitiv Business Classification (TRBC) framework.

[…]

To:

[…]

Second, companies need to fulfill the following additional criteria:

• Securities must be assigned to the RBICS Economy “Technology”, and not assigned to any of the following:
  • Sector: Specialty Finance and Services, Investment Services, Telecommunications
  • Industry Group: Wide Area Networking Equipment, Wireless Core Infrastructure Equipment
  • Industry: General Electronics Retail
  • Sub Industry: Electronic Payment Processing, Internet Department Stores, Media Download and Streaming Digital Content Sites, Multi-Type Passenger Transportation, Handheld and Smart Phone Games Software, Other Games Software, Software Design and Engineering Consulting, General Information Technology (IT) Consulting

according to the FactSet Revere Business Industry Classification System.

[…]

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