Methodology Change | Several Solactive Indices | Effective Date June 24th 2022
Today, on the May 23rd 2022, Solactive announces the following changes to the methodology of the following Indices (the “Affected Indices”):
|Solactive China Biotech Index NTR||.SOLCBTN||DE000SLA7273|
|Solactive China Biotech Index PR||.SOLCBTP||DE000SLA7265|
|Solactive China Biotech Index TR||.SOLCBTT||DE000SLA7281|
|Solactive China Biotech v2 USD Index NTR||.SOLCBTUN||DE000SL0DGS7|
|Solactive China Biotech v2 USD Index PR||.SOLCBTUP||DE000SL0DGR9|
|Solactive China Biotech v2 USD Index GTR||.SOLCBTUT||DE000SL0D0D4|
|Solactive China Cloud Computing Index NTR||.SOLCCCN||DE000SLA7240|
|Solactive China Cloud Computing Index PR||.SOLCCCP||DE000SLA7232|
|Solactive China Cloud Computing Index TR||.SOLCCCT||DE000SLA7257|
|Solactive China Cloud Computing v2 USD Index NTR||.SOLCCCUN||DE000SL0D0F9|
|Solactive China Cloud Computing v2 USD Index PR||.SOLCCCUP||DE000SL0D0E2|
|Solactive China Cloud Computing v2 USD Index GTR||.SOLCCCUT||DE000SL0D0G7|
|Solactive China Consumer Brand Index NTR||.SOLCCBIN||DE000SLA9KG0|
|Solactive China Consumer Brand Index PR||.SOLCCBIP||DE000SLA9KF2|
|Solactive China Consumer Brand Index TR||.SOLCCBIT||DE000SLA9KH8|
Rationale for Methodology Change
Solactive AG is constantly reviewing its indices and the approach of their index calculation. In order to harmonize the applied calculation methodologies, Solactive AG has decided to change the methodologies of the Affected Indices. This will ensure a streamlining of the index calculation logics.
Changes to the Index Guideline
The Affected Indices are currently calculated using the formula of a Standard Index as defined in section 1.2.1 of the Equity Index Methodology available on the Solactive website: https://www.solactive.com/documents/
The changes refer to the index calculation itself and the corporate action adjustment (section 18.104.22.168 and following sections of the Equity Index Methodology referring to the Standard Index).
The change relates to the amendment of the calculation formula for the Affected Indices to the Divisor Index logic as defined in section 1.2.2 of the Equity Index Methodology (the index calculation itself and the corporate action adjustment are to be changed as referred to in section 22.214.171.124 and following sections).
To illustrate the change, the calculation formula will change from:
Further definition of the information on the Symbols included in the above formulas are available in the Equity Index Methodology on the pages 4 and 5. As a result, all relevant paragraphs which refer to the calculation of the Affected Indices and, if applicable to the rebalance specific procedure will be amended to comply with the Divisor Index standards.