Overview
Announcements

Change of Index Guideline | Solactive Euro 50 ESG Index Family | Effective Date: 09/10/2020

Solactive announces the following technical changes to the guideline of the following Indices (the ‘Affected Indices’):

 

Indexname

Index RIC

Index ISIN

Solactive Euro 50 ESG 5.5% AR Index

.SOLKESG

DE000SLA4ZB0

Solactive Euro 50 ESG 5.0% AR Index

.SOLKESG5

DE000SLA5WS8

Solactive Euro 50 ESG NTR Index

.SOLKESGN

DE000SLA4932

Solactive Euro 50 ESG PR Index

.SOLKESGP

DE000SL0BA01

Rationale for change of Index Guideline

The Index Universe of the Affected Indices comprises stocks that are members of the Ethibel Sustainability Index (ESI) Excellence Europe (Bloomberg Code: ESIXEWM and Reuters Code .ESIEU). This index was replaced by a successor index with the same index objective and essentially the same index methodology, the Solactive Europe Corporate Social Responsibility Index PR (SOLECSRP). In order to reflect this replacement of the reference index in the definition of the Index Universe technical changes to the index guideline are required..

Changes to the Index Guideline

The following sentence will be changed in Section 1 – Index Specifications:

OLD

[…] The index tracks the price movement of the 50 largest companies within the Eurozone that are also member of the Ethibel Sustainability Index Excellence Europe. The Ethibel Sustainability Index Excellence Europe contains 200 shares of European companies that display the best performance in terms of corporate social responsibility (CSR).

NEW

[…] The index tracks the price movement of the 50 largest companies within the Eurozone that are also member of the Solactive Europe Corporate Social Responsibility Index PR (SOLECSRP).

 

The following definition will be changed in Section 4 – Definitions:

OLD

“Index Universe” in respect of a Selection Day are in general stocks that are member of the Ethibel Sustainability Index (ESI) Excellence Europe (Bloomberg Code: ESIXEWM and Reuters Code .ESIEU) and denominated in EUR. If more than one share class of a company is represented in the Ethibel Sustainability Index (ESI) Excellence Europe only the most liquid share class based on the 3month Average Daily Traded Value and denominated in EUR is kept in the Index Universe and all other share classes are removed from the index selection process.

NEW

“Index Universe” in respect of a Selection Day are in general stocks that are member of the Solactive Europe Corporate Social Responsibility Index PR (SOLECSRP). If more than one share class of a company is represented in the SOLECSRP only the most liquid share class based on the 3month Average Daily Traded Value and denominated in EUR is kept in the Index Universe and all other share classes are removed from the index selection process.

 

The following definition will be removed from Section 4 – Definitions:

“Ethibel Sustainability Index Excellence Europe” contains 200 shares of European companies that display the best performance in terms of corporate social responsibility (CSR). For more information please visit: http://www.vigeoeiris.com/wp-content/uploads/2016/11/esi_family_rules_version_6.5_feb_2017-1.pdf.

 

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.