Methodology Change | Several Solactive Indices | Effective Date 15/08/2025
Today, on 31/07/2025, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
ISIN |
RIC |
|
Solactive Sustainable World Equity Net Total Return Index |
.TSWENTR |
DE000SLA3SZ6 |
|
Solactive Sustainable World Equity Total Return Index |
.TSWE |
DE000SLA3V47 |
|
Solactive Sustainable World Equity Price Index |
.TSWEPR |
DE000SLA3SY9 |
|
Solactive European Equity Net Total Return Index |
.TEETNR |
DE000SLA3S26 |
|
Solactive European Equity Price Index |
.TEET |
DE000SLA3V13 |
|
Solactive European Equity Total Return Index |
.TEETTR |
DE000SLA3V21 |
|
Solactive Global Equity Price Index |
.TGEI |
DE000SLA3FX8 |
Rationale for Methodology Change
Solactive has determined that to align with market practices, the effective date of the annual rebalance will be changed to the same time of the month as the quarterly reviews. The indices will also have a fixing day change to lengthen the time between fixing date and rebalancing date in order to improve the replicability of the indices.
Changes to the Index Guideline
The following Methodology change/(s) is/are proposed in the following point/(s) of the Index Guideline
2.2 Ordinary Adjustment
From:
The composition of the Index is reviewed every year on the Selection Date (last Business Day of February) and all necessary changes are announced. The Index is adjusted on the Adjustment Day (fourth Tuesday of March), after COB, provided that all relevant stock exchanges are trading on that day. Each member of the new composition is weighted equally 5 Business Days before the Adjustment Day, when the number of shares is fixed.
To (highlighted):
The composition of the Index is reviewed every year on the Selection Date (last Business Day of February) and all necessary changes are announced. The Index is adjusted on the Adjustment Day (third Tuesday of March), after COB, provided that all relevant stock exchanges are trading on that day. Each member of the new composition is weighted equally 8 Business Days before the Adjustment Day, when the number of shares is fixed.
4. Definitions
From:
“Adjustment Day” is the fourth Tuesday of March, for the yearly reconstitution and third Tuesday June, September and December for the quarterly review.
“Fixing Date” is 5 business days before the Adjustment Date.
To (highlighted):
“Adjustment Day” is the third Tuesday of March, for the yearly reconstitution and third Tuesday June, September and December for the quarterly review.
“Fixing Date” is 8 business days before the Adjustment Date.