Methodology change | F.A.Z. Euro Index Family | Effective Date 05 January 2023
Today, on the 22th of December 2022, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
Name | RIC | ISIN |
F.A.Z. Euro Energie Index | .FAZESE | DE000SLA1SE5 |
F.A.Z. Euro Energie Index (TR) | .FAZESETR | DE000SLA2SE3 |
F.A.Z. Euro ex Banken Index | .FAZEXBA | DE000SLA8EA8 |
F.A.Z. Euro ex Banken Index (TR) | .FAZEXBAT | DE000SLA8EB6 |
F.A.Z. Euro Finanz Index | .FAZESF | DE000SLA1SF2 |
F.A.Z. Euro Finanz Index (TR) | .FAZESFTR | DE000SLA2SF0 |
F.A.Z. Euro Gesundheit Index | .FAZESH | DE000SLA1SH8 |
F.A.Z. Euro Gesundheit Index (TR) | .FAZESHTR | DE000SLA2SH6 |
F.A.Z. Euro Grundstoffe Index | .FAZESG | DE000SLA1SG0 |
F.A.Z. Euro Grundstoffe Index (TR) | .FAZESGTR | DE000SLA2SG8 |
F.A.Z. Euro Index | .FAZEURO | DE000SLA1FE2 |
F.A.Z. Euro Index (TR) | .FAZEUROT | DE000SLA2FE0 |
F.A.Z. Euro Industrie Index | .FAZESI | DE000SLA1SJ4 |
F.A.Z. Euro Industrie Index (TR) | .FAZESITR | DE000SLA2SJ2 |
F.A.Z. Euro Konsum Index | .FAZESK | DE000SLA1SK2 |
F.A.Z. Euro Konsum Index (TR) | .FAZESKTR | DE000SLA2SK0 |
F.A.Z. Euro Technologie Index | .FAZEST | DE000SLA1ST3 |
F.A.Z. Euro Technologie Index (TR) | .FAZESTTR | DE000SLA2ST1 |
F.A.Z. Euro Telekommunikation Index | .FAZESC | DE000SLA1SC9 |
F.A.Z. Euro Telekommunikation Index (TR) | .FAZESCTR | DE000SLA2SC7 |
F.A.Z. Euro Transport Index | .FAZESU | DE000SLA1SU1 |
F.A.Z. Euro Transport Index (TR) | .FAZESUTR | DE000SLA2SU9 |
F.A.Z. Euro Versorgung Index | .FAZESV | DE000SLA1SV9 |
F.A.Z. Euro Versorgung Index (TR) | .FAZESVTR | DE000SLA2SV7 |
Rationale for Methodology Change
In order to take account of the European Benchmark regulation and to ensure operational permeability in the index calculation the methodology of the F.A.Z. Euro Index Family will be adjusted.
Changes to the Index Guideline
The following Methodology changes will be implemented:
- Change of language from German to English and update of format
- Solactive AG becomes Administrator of the indices, which are already calculated by Solactive AG. The Frankfurter Allgemeine Zeitung GmbH remains the owner of the Index Family
- The „F.A.Z.-Index-Komitee” will be replaced by Solactive AG as administrator with reference to the update guideline
- Determination of the index weights as part of the ordinary index adjustment is based on the data as of selection day
- Ordinary capital measures and extraordinary events, e.g. stock market delistings as part of a takeover, are implemented by Solactive AG in accordance with the Solactive Equity Index methodology.
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.