Methodology Change | RAFI Multi-Factor Climate Transition Developed Index | Effective Date 06 June 2024
Today, on 24/05/2024, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
RAFI Multi-Factor Climate Transition Developed EUR Index GTR RAFI Multi-Factor Climate Transition Developed EUR Index NTR RAFI Multi-Factor Climate Transition Developed EUR Index PR RAFI Multi-Factor Climate Transition Developed GBP Hedged Index GTR RAFI Multi-Factor Climate Transition Developed GBP Hedged Index NTR RAFI Multi-Factor Climate Transition Developed GBP Hedged Index PR RAFI Multi-Factor Climate Transition Developed GTR Index RAFI Multi-Factor Climate Transition Developed NTR Index RAFI Multi-Factor Climate Transition Developed PR Index RAFI Multi-Factor Climate Transition Developed USD Index GTR RAFI Multi-Factor Climate Transition Developed USD Index NTR RAFI Multi-Factor Climate Transition Developed USD Index PR |
.RMFCTDET .RMFCTDEN .RMFCTDEP .RMFCTDGT .RMFCTDGH .RMFCTDGP .RAMFCTDT .RAMFCTDN .RAMFCTDP .RMFCTDUT .RMFCTDUN .RMFCTDUP |
DE000SL0C3W9 DE000SL0C3X7 DE000SL0C3V1 DE000SL0C317 DE000SL0C2T7 DE000SL0C325 DE000SL0BWK5 DE000SL0BWJ7 DE000SL0BWH1 DE000SL0C3Z2 DE000SL0C309 DE000SL0C3Y5 |
Rationale for Methodology Change
Solactive has determined in order to align with EU Guidelines on Climate Transition Benchmarks the inflation factor calculation will use a simple average to calculate the EVIC of the Universe instead of a weighted average by market capitalization.
Changes to the Index Guideline
The following Methodology changes will be implemented in the following points of the Index Guideline:
From (old):
3.2 Target Carbon Intensity
Inflation is the quarterly change in average EVIC of the universe weighted by market capitailization as of most recent calendar year end and one year prior,
To (new):
3.2 Target Carbon Intensity
Inflation is the quarterly change in average EVIC of the universe as of most recent calendar year end and one year prior,