Extraordinary Rebalance in accordance with the Correction Policy
Extraordinary Rebalance in accordance with the Correction Policy |
Solactive US Economy New Leaders Index(.SOLUNEWP)
| Effective Date 17-March-2023
Today, on the 15-March-2023, Solactive announces that an error in the rebalance schedule of the following Indices (the ‘Affected Indices’) has been detected:
|Solactive US Economy New Leaders PR Index||.SOLUNEWP||DE00SOLUNEWP|
|Solactive US Economy New Leaders NTR Index||.SOLUNEWN||DE000SL0DEB8|
|Solactive US Economy New Leaders TR Index||.SOLUNEWT||DE00SOLUNEWT|
The correction is made by way of an extraordinary rebalancing in accordance with Section 4.2 of the Correction Policy that is available on Solactive website at: https://www.solactive.com/documents/correction-policy/.
Description of the Error
The rebalance as of February 2023 for the aforementioned Affected Indices has not been performed due to an omission in the rebalance forecasting.
Specifications of the Extraordinary Rebalance
In accordance with the Correction Policy, the date of error discovery will be regarded as an extraordinary selection day (the “Extraordinary Selection Day”). For the purpose of this extraordinary rebalance, the Extraordinary Selection Day is 09-March-2023. The effective date of implementation of the corrected composition of the Affected Indices is open of business on 17-March-2023.
The following composition will be implemented:
|CVS HEALTH CORP|
|GENERAL MOTORS CO|
|NEXTERA ENERGY INC|
|SOLAREDGE TECHNOLOGIES INC|
|TEXAS INSTRUMENTS INC|
|UNITEDHEALTH GROUP INC|