Methodology Change | FWUGLOBC and VROBUST | Effective Date 02/11/2021
Today, on the 01/11/2021, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
FIVE FWU Global Equity Index |
.FWUGLOBC |
DE000SLA9TV0 |
FIVE Robust Multi.Asset Index |
.VROBUST |
DE000SL0ASR0 |
Rationale for Methodology Change
Solactive has determined that the Australian Exchange has raised their fees for the usage of the futures significantly, so that keeping the futures in the indices would lead to being non-economically reasonable.
Changes to the Index Guideline
The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
For VROBUST:
From (old version):
[…] Excerpt from 2.1:
#i |
Asset Class |
Index Member |
Ticker Prefix |
Ticker Extension |
FX rate |
TC in NB Ticks |
i=3 |
EQ |
ASX SPI 200 |
XP |
Index |
AUD |
2 |
i=14 |
FI |
ASX 10Y Australian T-Bonds |
XM |
Comdty |
AUD |
1 |
[…]
To (new version) :
[…] Excerpt from 2.1:
#i |
Asset Class |
Index Member |
Ticker Prefix |
Ticker Extension |
FX rate |
TC in NB Ticks |
i=3 |
EQ |
KOSPI2 INX Future |
KM |
Index |
KRW |
2 |
i=14 |
FI |
Korea 10Y Treasury Bond Future |
KAA |
Comdty |
KRW |
2 |
[…]
For FWUGLOBC:
From (old version):
[…] Excerpt from 2.3:
# |
Futures Market |
Ticker Prefix |
Ticker Extension |
wi |
i=2 |
CME E-mini S&P 500 |
ES |
Index |
20.0% |
i=9 |
ICE MSCI EM |
MES |
Index |
12.0% |
I=11 |
ASX SPI 200 |
XP |
Index |
2.0% |
[…]
To (new version) :
[…] Excerpt from 2.1:
# |
Futures Market |
Ticker Prefix |
Ticker Extension |
wi |
i=2 |
CME E-mini S&P 500 |
ES |
Index |
21.0% |
i=9 |
ICE MSCI EM |
MES |
Index |
13.0% |
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.