Change in Cost Structure | US and Euro Equity Defensive Put Write Index – | Effective Date 19th June 2025

The option transaction costs used to calculate the US Equity Defensive Put Write Index (RIC .UISEUSPU, ISIN DE000SL0AS51) and the Euro Equity Defensive Put Write Index (RIC .UISEEUPU, ISIN DE000SL0AS77) were determined back in 2019/2020. Since then the transaction costs have compressed quite a bit in the last couple of years, therefore we are  adjusting the costs to be more in line with the current market environment.

The exact changes can be seen in the guideline already uploaded (Section 1.2 was adjusted).

This change is effective on the 19th June 2025.