Methodology Change | Solactive Canada Broad Market Index, Solactive Canada Large Cap Index, Solactive Canada Large Cap Equal Weight Index | Effective Date 16/10/2019
Today, on the 01/10/2019, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive Canada Broad Market Index (PR) Solactive Canada Broad Market Index (NTR) Solactive Canada Broad Market Index (GTR) Solactive Canada Broad Market Index (CA NTR) Solactive Canada Large Cap Index (PR) Solactive Canada Large Cap Index (NTR) Solactive Canada Large Cap Index (GTR) Solactive Canada Large Cap Index (CA NTR) Solactive Canada Large Cap Equal Weight Index (PR) Solactive Canada Large Cap Equal Weight Index (NTR) Solactive Canada Large Cap Equal Weight Index (GTR) |
.SOLCABMP .SOLCABMN .SOLCABMG .SOLCABMC .SOLCALCP .SOLCALCN .SOLCALCG .SOLCALCC .SOLCALEP .SOLCALEN .SOLCALEG |
DE000SLA4973 DE000SLA4999 DE000SLA4981 DE000SLA5AA2 DE000SLA5AB0 DE000SLA5AD6 DE000SLA5AC8 DE000SLA5AE4 DE000SLA5AF1 DE000SLA5AK1 DE000SLA5AH7 |
Rationale for methodology change
Solactive has determined that in order to accurately comply with the index objective and to reflect the Canadian market, the country assignment process should consider companies which are not primarily listed on the Toronto Stock Exchange but are classified as Canadian companies based on their country criteria.
Changes to the Index Guideline
The Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
- The old country assignment will be removed from “Index Universe” under Section 4 of the index guideline:
- Primary listing on the Toronto Stock Exchange (TSX)
- Country of risk: Canada
- The new country assignment will be added to “Index Universe” under Section 4 of the index guideline:
- Listed on the Toronto Stock Exchange (TSX)
- Country of Primary Listing [CPL] and Country of Incorporation [COI] are equal to Canada. If these do not coincide, then the Country of Domicile [COD] and the Country of Risk [COR] are additionally considered to determine if a security should be assigned to Canada.
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.