Methodology Change | Solactive BBVA Next Generation | Effective Date 11/04/2023
Today, on the 24/03/2023, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
Solactive BBVA Next Generation Networks EUR Index NTR | .SBVNXGEN | DE000SL0C1E1 |
Solactive BBVA Next Generation Networks EUR Index PR | .SBVNXGEP | DE000SL0C1D3 |
Solactive BBVA Next Generation Networks EUR Index TR | .SBVNXGET | DE000SL0C1F8 |
Solactive BBVA Next Generation Networks MXN Index NTR | .SBVNXGPN | DE000SL0DUM1 |
Solactive BBVA Next Generation Networks MXN Index PR | .SBVNXGPP | DE000SL0DUL3 |
Solactive BBVA Next Generation Networks MXN Index TR | .SBVNXGPT | DE000SL0DUN9 |
Solactive BBVA Next Generation Networks SIC MXN Index NTR | .SBVNXGXN | DE000SL0E2K4 |
Solactive BBVA Next Generation Networks SIC MXN Index PR | .SBVNXGXP | DE000SL0E2J6 |
Solactive BBVA Next Generation Networks SIC MXN Index TR | .SBVNXGXT | DE000SL0E2L2 |
Solactive BBVA Next Generation Networks USD Index NTR | .SBVNXGUN | DE000SL0DZM0 |
Solactive BBVA Next Generation Networks USD Index PR | .SBVNXGUP | DE000SL0DZL2 |
Solactive BBVA Next Generation Networks USD Index TR | .SBVNXGUT | DE000SL0DZN8 |
Rationale for Methodology Change
The Affected Indices aim to represent the companies that are actively engaged in Solactive BBVA Next Generation EUR Indices. Solactive has determined that the Solactive BBVA Next Generation EUR Index has grown over time and additional companies have entered this rising business segment. Therefore, to ensure a more accurate reflection of the index objective, it is proposed to update the list of FactSet RBICs sectors eligible for the index selection.
Changes to the Index Guideline
The following Methodology changes are proposed in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
Section 7.1 Sectors
FactSet RBICs sectors removed:
Code | Name | BBVA Sector Bucket |
601010301010 | Call Management and Routing Services | Core Software & Services |
601015151025 | Pan-America Wireline Services | Telecomunication Services |
601015101525 | Pan-Asia/Pacific Wireless Services | Telecomunication Services |
601015151525 | Pan-Asia/Pacific Wireline Services | Telecomunication Services |
601015102020 | Pan-Europe Wireless Services | Telecomunication Services |
601015152020 | Pan-Europe Wireline Services | Telecomunication Services |
601015102510 | Multiregion Wireless Services | Telecomunication Services |
FactSet RBICs sectors added:
Code | Name | BBVA Sector Bucket |
601010552010 | Asia Excluding China Mixed Telecommunications | Telecomunication Services |
601010551510 | Australia/New Zealand Mixed Telecom Services | Telecomunication Services |
601010502010 | Canada Mixed Telecommunications Services | Telecomunication Services |
601010602010 | Central and Eastern Europe Mixed Telecom Services | Telecomunication Services |
601010552510 | China Mixed Telecommunications Services | Telecomunication Services |
601010501510 | Latin America Mixed Telecommunications Services | Telecomunication Services |
601010502510 | Mexico Mixed Telecommunications Services | Telecomunication Services |
601010651010 | Middle East and Africa Mixed Telecom Services | Telecomunication Services |
601010501010 | Pan-Americas Mixed Telecommunications Services | Telecomunication Services |
601010551010 | Pan-Asia/Pacific Mixed Telecommunications Services | Telecomunication Services |
601010601010 | Pan-Europe Mixed Telecommunications Services | Telecomunication Services |
601010601510 | Western Europe Mixed Telecommunications Services | Telecomunication Services |
601010402010 | Wireline Infrastructure Services | Core Equipment |
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.