Methodology change | Solactive Australia 200 Indices | Effective Date 25 February 2022
Today, on the 18th of February 2022, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
Name |
ISIN |
Reuters |
|
Solactive Australia 200 Index (PR) |
DE000SLA5FF0 |
.SOLAUBMP |
|
Solactive Australia 200 Index (GTR) |
DE000SLA5FG8 |
.SOLAUBMG |
|
Solactive Australia 200 Index (NTR) |
DE000SLA5FH6 |
.SOLAUBMN |
|
Solactive Australia 20 Index (PR) |
DE000SLA5WG3 |
.SOLAU20P |
|
Solactive Australia 20 Index (GTR) |
DE000SLA5WH1 |
.SOLAU20G |
|
Solactive Australia 20 Index (NTR) |
DE000SLA5WJ7 |
.SOLAU20N |
|
Solactive Australia Resources Sector Index (PR) |
DE000SLA6ZR1 |
.SOLAUNRP |
|
Solactive Australia Resources Sector Index (GTR) |
DE000SLA6ZT7 |
.SOLAUNRG |
|
Solactive Australia Resources Sector Index (NTR) |
DE000SLA6ZS9 |
.SOLAUNRN |
|
Solactive Australia Financials Ex-REITs Sector Index (PR) |
DE000SLA6ZU5 |
.SOLAUFNP |
|
Solactive Australia Financials Ex-REITs Sector Index (GTR) |
DE000SLA6ZW1 |
.SOLAUFNG |
|
Solactive Australia Financials Ex-REITs Sector Index (NTR) |
DE000SLA6ZV3 |
.SOLAUFNN |
Rationale for methodology change
Solactive has determined that the current frequency of the Foreign Entity Data updated mechanism of the Affected Indices may lead to an imbalanced representation of the market the Affected Indices are intended to reflect. Henceforth, the the Foreign Entity Data will be updated quarterly instead of annually. The change is reflected in the description of the Free Float Market Capitalization adjustment mechanism in section 4.a and 4.e of the index Guideline of the Affected Indices.
Changes to the Index Guideline
The following changes to the definitions listed below will be made:
|
Definition |
Old |
New |
|
“Free Float Market Capitalization adjustment for Foreign Entity Data available” |
Foreign Entity Data is updated annually during the September Adjustment Date based on data as published by the ASX |
Foreign Entity Data is updated quarterly during each and every Adjustment based on data as published by the ASX |
|
“Share change adjustment mechanism” |
. |
During the quarterly Adjustments in March, June, and December, the share changes will be accounted for only when greater than 10% compared to the information provided by the Foreign Entity Data update of the most recent Adjustment. |
Defined terms used in this announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Affected Index. The amended version of the index guideline will be available on the effective date.