Overview
Announcements

Methodology Change | BBVA Resource Scarcity | Effective Date 11/04/2023

Today, on the 24/03/2023, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Solactive BBVA Resource Scarcity EUR Index NTR .SBVRESEN DE000SL0E2P3
Solactive BBVA Resource Scarcity EUR Index PR .SBVRESEP DE000SL0E2N8
Solactive BBVA Resource Scarcity EUR Index TR .SBVRESET DE000SL0E2Q1
Solactive BBVA Resource Scarcity SIC MXN Index NTR .SBVRESPN DE000SL0E8H7
Solactive BBVA Resource Scarcity SIC MXN Index PR .SBVRESPP DE000SL0E8G9
Solactive BBVA Resource Scarcity SIC MXN Index TR .SBVRESPT DE000SL0E8J3

 

Rationale for  Methodology Change

The Affected Indices aim to represent the companies that are actively engaged in Solactive BBVA Resource Scarcity Indices. Solactive has determined that the Solactive BBVA Resource Scarcity Index has grown over time and additional companies have entered this rising business segment. Therefore, to ensure a more accurate reflection of the index objective, it is proposed to update the list of FactSet RBICs sectors eligible for the index selection.

Changes to the Index Guideline

The following Methodology changes are proposed in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):

 

Section 7.1 Sectors

 

FactSet RBICs sectors removed:

Code Name BBVA Sector Bucket
252010101010 Integrated Oil and Gas Exploration and Production Energy

 

FactSet RBICs sectors added:

Code Name BBVA Sector Bucket
251015151010 Integrated Oil and Gas Exploration and Production Energy
401525103035 Sewage and Water Infrastructure Construction Water
401015201540 Geothermal Energy Equipment Manufacturing Energy
501515152540 Beef Production Food & Forests
501515152545 Pork Production Food & Forests
501515152550 Other Livestock and Meat Production Food & Forests
401015201545 Wave Energy Equipment Manufacturing Energy
251015101035 Latin America Conv. Fossil Fuel Exploration/Prod Energy
251015201030 Australia/NZ Conv. Fossil Fuel Exploration/Prod Energy
251015201040 China Conventional Fossil Fuel Exploration/Prod Energy
251015201050 Other Asia Conv. Fossil Fuel Exploration/Prod Energy
251015201525 Other Europe Conv. Fossil Fuel Exploration/Prod Energy
251015202015 MENA Conventional Fossil Fuel Exploration/Prod. Energy
251015203015 Russia/CIS Conv. Fossil Fuel Exploration/Prod Energy
251015203515 Sub-Saharan Conv. Fossil Fuel Exploration/Prod Energy

 

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.