Announcement – Methodology Change | Several Solactive Indices | Effective Date 28th January 2025
Today, on 28/01/2025, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
| Solactive BBVA US REITs SIC MXN Hedged RC 10% | .SBVURTMX | DE000SL0HLA6 |
| Solactive BBVA US Small Caps Select SIC MXN Hedged RC 10% | .SBVUSSMX | DE000SL0H4Z5 |
| Solactive BBVA Energy Transition SIC MXN Hedged RC 10% | .SBVENTMX | DE000SL0JXT7 |
| Solactive BBVA AI and VirtualReality SIC MXN Hedged RC 10% | .SBVAVRMX | DE000SL0KKK1 |
| Solactive BBVA AI and VirtualReality SIC MXN Hedged RC 13% | .SBVAVRVT | DE000SL0LG03 |
Rationale for Methodology Change
Solactive will adjust the spread used on top of the MEXICAN PESO FONDEO DIARIO TIIE FUNDING RATE to 1% (up from no spread) to reflect market environments and to align with the previously used spread
Changes to the Index Guideline
The following Methodology change/(s) is/are proposed in the following point/(s) of the Index Guideline
Section 3.1:
From
[…]
Otherwise, if Calculation Day t is equal to or falls after the Rate switch date, it is equal to the to Underlying Component 2’.
to:
[…]
Otherwise, if Calculation Day t is equal to or falls after the Rate switch date, it is equal to the to Underlying Component 2’ plus 1%.
The updated spread will be applied effective on 28th January 2025. No historical adjustments will be conducted.
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.