Correction | Solactive Jing Daily KraneShares China Global Luxury Index | Effective Date 06/08/2020
Today, on the 06/08/2020, Solactive announces the correction of the following indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive Jing Daily KraneShares China Global Luxury Index PR |
.CHINALUP |
DE000SLA8N83 |
Solactive Jing Daily KraneShares China Global Luxury Index |
.CHINALUX |
DE000SLA8NU7 |
Solactive Jing Daily KraneShares China Global Luxury Index TR |
.CHINALUT |
DE000SLA8N91 |
Correction of the Affected Indices
As a result of an error during the set-up of the Affected Indices, the methodology of the Affected Indices has not been set up correctly. In accordance with section 4.4 of the Solactive Correction Policy, the Rebalance Frequency will be amended from a semi-annually to quarterly. For this reason, the Definition of “REBALANCE DAY” in the Index Guideline of the Affected Indices will be amended as follows:
From (old version):
““Rebalance Day” is the fourth Wednesday in May and November. If that day is not a Trading Day, the Rebalance Day will be the following Trading Day.”
To (new version):
““Rebalance Day” is the fourth Wednesday in February, May, August, and November. If that day is not a Trading Day, the Rebalance Day will be the following Trading Day.”
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.