Methodology Change | Multiple indices | Effective Date 30/06/2020
Today, on the 16/06/2020, Solactive announces the following changes to the methodology of the following index (the ‘Affected Index’):
|
NAME |
RIC |
ISIN |
|
Solactive US Preferred Share Select Hedged to CAD Index (NTR) |
.SOLUSPFH |
DE000SLA25W5 |
|
Solactive Equal Weight Global Base Metals Index Canadian Dollar Hedged |
.SOLGBMEH |
DE000SLA30T1 |
|
Solactive Equal Weight US Bank Index Canadian Dollar Hedged |
.SOLBKSCH |
DE000SLA1WK4 |
|
Solactive Equal Weight US Health Care Index Canadian Dollar Hedged |
.SOLUSHEH |
DE000SLA2C09 |
Rationale for methodology change
Solactive has determined that in order to aligned our indices under the Equal weight CAD hedge strategy, and to reflect a closer behavior as per market’s standards, we will change the existing Benchmark for close Forex fixing.
Changes to the Index Guideline
Section 1.4
Addendum:
In addition to the intraday calculation a closing level of the INDEX for each CALCULATION DAY is also calculated. This closing level is based on the CLOSING PRICES for the UNDERLYING INDEX and 4:00 p.m. London WM Spot and Forward Fixings quoted by Reuters. If there is no 4pm London time WM Fixing for the relevant CALCULATION DAY, the last available 4pm London time WM Fixing will be used for the closing level calculation.