Methodology Change | Several Solactive Indices | Effective Date 16/08/2023
Today, on the 14/08/2023, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive AgTech and Food Innovation Index Solactive AgTech and Food Innovation Index GTR Solactive AgTech and Food Innovation Index PR Solactive Disruptive Materials Index Solactive Disruptive Materials Index GTR Solactive Disruptive Materials Index NTR Solactive Disruptive Materials Index PR Solactive Blockchain Index Solactive Blockchain Index GTR Solactive Blockchain Index PR Solactive Global Clean Water Industry Index Solactive Global Clean Water Industry Index GTR Solactive Global Clean Water Industry Index PR Solactive Wind Energy Index Solactive Wind Energy Index GTR Solactive Wind Energy Index PR Solactive Global Hydrogen Index Solactive Global Hydrogen Index GTR Solactive Global Hydrogen Index PR Solactive Solar Index Solactive Solar Index GTR Solactive Solar Index PR Solactive AgTech and Food Innovation V2 Index Solactive AgTech and Food Innovation v2 Index GTR Solactive AgTech and Food Innovation v2 Index PR Solactive Disruptive Materials V2 Index Solactive Disruptive Materials v2 Index GTR Solactive Disruptive Materials v2 Index NTR Solactive Disruptive Materials v2 Index PR Solactive Blockchain V2 Index Solactive Blockchain v2 Index GTR Solactive Blockchain v2 Index PR Solactive Global Clean Water Industry V2 Index Solactive Global Clean Water Industry v2 Index GTR Solactive Global Clean Water Industry v2 Index PR Solactive Wind Energy V2 Index Solactive Wind Energy v2 Index GTR Solactive Wind Energy v2 Index PR Solactive Global Hydrogen V2 Index Solactive Global Hydrogen v2 Index GTR Solactive Global Hydrogen v2 Index PR Solactive Solar V2 Index Solactive Solar v2 Index GTR Solactive Solar v2 Index PR |
.SOLKROP .SOLKROPT .SOLKROPP .SOLDMAT .SOLDMATT .SOLDMATN .SOLDMATP .SOLBKCH .SOLBKCHT .SOLBKCHP .SOLAQWA .SOLAQWAT .SOLAQWAP .SOLWNDY .SOLWNDYT .SOLWNDYP .SOLGHYD .SOLGHYDT .SOLGHYDP .SOLRAYS .SOLRAYST .SOLRAYSP .SOLKROP2 .SOKROP2T .SOKROP2P .SOLDMAT2 .SODMAT2T .SODMAT2N .SODMAT2P .SOLBKCH2 .SOBKCH2T .SOBKCH2P .SOAQWA2 .SOAQWAT2 .SOAQWAP2 .SOLWNDY2 .SOWNDY2T .SOWNDY2P .SOLGHYD2 .SOGHYD2T .SOGHYD2P .SOLRAYS2 .SORAYS2T .SORAYS2P |
DE000SL0DNX3 DE000SL0DNY1 DE000SL0DNW5 DE000SL0EWY0 DE000SL0EWZ7 DE000SL0EW02 DE000SL0EWX2 DE000SL0DNR5 DE000SL0DNS3 DE000SL0DNQ7 DE000SL0CZJ8 DE000SL0CZJ8 DE000SL0CZG4 DE000SL0EBJ5 DE000SL0EBK3 DE000SL0EBH9 DE000SL0DNU9 DE000SL0DNV7 DE000SL0DNT1 DE000SL0EBF3 DE000SL0EBG1 DE000SL0EBE6 DE000SL0D1Y8 DE000SL0D1Z5 DE000SL0D1X0 DE000SL0EW69 DE000SL0EW77 DE000SL0EW85 DE000SL0EW51 DE000SL0D1V4 DE000SL0D1W2 DE000SL0D1U6 DE000SL0CZS9 DE000SL0CZT7 DE000SL0CZR1 DE000SL0D1L5 DE000SL0D1M3 DE000SL0D1K7 DE000SL0D1P6 DE000SL0D1Q4 DE000SL0D1N1 DE000SL0D1S0 DE000SL0D1T8 DE000SL0D1R2 |
Rationale for Methodology Change
Solactive has determined that the proposed changes to the affected indices better reflect the weighting implementation logic outlined within the index methodologies by allowing for excess weights from the weighting scheme to flow through to all index components before the weight floor of 0.3% is applied to index components that fall below the minimum Free-Float Market Capitalization weight of 0.3%.
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):
- Weighting of the Index Components
From:
(…)
- The maximum weight of an Index Component is 12%.
- The minimum weight of an Index Component is 0.3%.
- The aggregate weight of the Index Components listed on a Russian stock exchange cannot exceed 15% of the index weight.
- The aggregate weight of the Index Components weighted above 4.5% is capped at 48%. The remaining companies are capped at 4.5%.
- The aggregate weight of Pre-Revenue and Diversified companies cannot exceed 15% of the index weight, and the maximum weight of a Pre-Revenue or Diversified company is 4%.
(…)
To:
(…)
- The maximum weight of an Index Component is 12%.
- The aggregate weight of the Index Components listed on a Russian stock exchange cannot exceed 15% of the index weight.
- The aggregate weight of the Index Components weighted above 4.5% is capped at 48%. The remaining companies are capped at 4.5%.
- The aggregate weight of Pre-Revenue and Diversified companies cannot exceed 15% of the index weight, and the maximum weight of a Pre-Revenue or Diversified company is 4%.
- The minimum weight of an Index Component is 0.3%.
(…)
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.