Methodology change | F.A.Z.  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’):

F.A.Z. Index .FAZI DE0008469024
F.A.Z. Index (TR) .FAZITR DE000SLA8LW7
F.A.Z. Auto- und Zulieferindustrie-Index .FAZIATSP DE000SLA3AG4
F.A.Z. Banken-Index .FAZIUBNK DE000SLA3AA7
F.A.Z. Bau und Immobilien-Index .FAZICNRE DE000SLA3AD1
F.A.Z. Chemie und Pharma-Index .FAZICHMM DE000SLA3AF6
F.A.Z. Erneuerbare Energien-Index .FAZIENER DE000SLA3AM2
F.A.Z. Grundstoffe-Index .FAZIBSMT DE000SLA3AJ8
F.A.Z. Handel und Verkehrs-Index .FAZITRAD DE000SLA3AK6
F.A.Z. IT und Elektronik-Index .FAZIELEC DE000SLA3AC3
F.A.Z. Konsumgüter und Medien-Index .FAZICNGD DE000SLA3AL4
F.A.Z. Maschinenbau-Index .FAZIENGN DE000SLA3AH2
F.A.Z. Versicherungen-Index .FAZIINSU DE000SLA3AB5
F.A.Z. Versorger und Telekommunikations-Index .FAZIUTIL DE000SLA3AE9

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. 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.
  • For the calculation of the index levels of the F.A.Z. index family the divisor logic will be applied


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.