Methodology Change | Several Solactive Indices | Effective Date August/September 2021
Today, on the 02/08/2021, Solactive announces the following changes to the Index Methodologies of the following indices (the ‘Affected Indices’) on the respective Effective Date:
|
INDEX NAME |
RIC |
ISIN |
EFFECTIVE DATE |
|
Solactive Global SuperDividend™ Index |
.SOLSDIV |
DE000SLA0SD9 |
16/08/2021 |
|
Solactive Global SuperDividend™ Index (Price) |
.SOLSDIVP |
DE000SLA8DP8 |
16/08/2021 |
|
Solactive Guru Index |
.GURU |
DE000SLA0HF7 |
16/08/2021 |
|
Solactive Guru Index (Price) |
.GURUP |
DE000SLA1HF5 |
16/08/2021 |
|
Solactive Global SuperDividend™ REIT (Net) Index |
.SRETN |
DE000SL0ALS3 |
23/08/2021 |
|
Solactive Global SuperDividend™ REIT Index |
.SRET |
DE000SLA0VW3 |
23/08/2021 |
|
Solactive Global SuperDividend™ REIT Index (Price) |
.SRETP |
DE000SLA0VY9 |
23/08/2021 |
|
Solactive Global Uranium & Nuclear Components Total Return Index |
.SOLURANT |
DE000SLA4825 |
23/08/2021 |
|
Solactive Global Lithium Index |
.SOLLIT |
DE000A1EY8J4 |
30/08/2021 |
|
Solactive Global Lithium v2 Index |
.SOLLIT2 |
DE000SL0CGT7 |
30/08/2021 |
|
Solactive Global Lithium v2 Index PR |
.SOLLIT2P |
DE00SOLLIT2P |
30/08/2021 |
|
Solactive Global Lithium v2 Index TR |
.SOLLIT2T |
DE00SOLLIT2T |
30/08/2021 |
|
Solactive Global Copper Miners Total Return Index |
.SOLGLOCO |
DE000A1DKEA1 |
06/09/2021 |
|
Solactive Global Gold Explorers & Developers Total Return Index |
.SOLGOEX |
DE000SLA2PP5 |
06/09/2021 |
|
Solactive Global Silver Miners Total Return Index |
.SOLGLOSI |
DE000A1DKEB9 |
06/09/2021 |
|
Solactive Social Media Total Return Index |
.SOCL |
DE000SLA1SM8 |
06/09/2021 |
|
Solactive MLP & Energy Infrastructure Index |
.SOLMLPX |
DE000SLA0XX7 |
13/09/2021 |
|
Solactive MLP Infrastructure (Gross) Index |
.MLPAMIDG |
DE000SL0ALT1 |
13/09/2021 |
|
Solactive MLP Infrastructure Index |
.MLPAMID |
DE000SLA4HN3 |
13/09/2021 |
|
Solactive MLP Infrastructure Index (Price) |
.MLPAMIDP |
DE000SLA4HM5 |
13/09/2021 |
|
Solactive U.S. Founder-Run Companies Index |
.SOLUSFRC |
DE000SLA21M5 |
20/09/2021 |
Rationale for Methodology Change
Solactive has determined that the calculation formula of the Affected Indices needs to be modified from re-investing dividends back to the dividend paying stock (Standard Calculation Logic) to re-investing the dividends back into the entire index composition (Divisor Calculation Logic). This approach ensures the harmonization of the calculation formula as indicated by the Market Consultation as of July 14th, 2021 (https://www.solactive.com/market-consultation-several-solactive-indices-july-2021/).
The respective Index Methodologies will be updated on the Effective Dates as indicated in the table above. For clarification: The updated Index Methodologies will be publicly available on the Effective Date for each of the Affected Indices individually.
Changes to the Index Guideline
The change will be implemented in the following aspect of the respective Index Methodologies:
Calculation Formula
From (old version):
To (new version):
Further definition of the symbols used in the formula above are available in the Equity Index Methodology (pages 4 and 5) on the Solactive website under the following link:
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 versions of the index guidelines will be available on the respective Effective Date.