Methodology Change | SOLACTIVE CHINA THEMATIC INDICES | Effective Date 22/11/2019
Today, on the 21/11/2019, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
|
Name |
RIC |
ISIN |
|
Solactive China Cloud Computing Index PR |
.SOLCCCP |
DE000SLA7232 |
|
Solactive China Cloud Computing Index NTR |
.SOLCCCN |
DE000SLA7240 |
|
Solactive China Cloud Computing Index TR |
.SOLCCCT |
DE000SLA7257 |
|
Solactive China Biotech Index PR |
.SOLCBTP |
DE000SLA7265 |
|
Solactive China Biotech Index NTR |
.SOLCBTN |
DE000SLA7273 |
|
Solactive China Biotech Index TR |
.SOLCBTT |
DE000SLA7281 |
|
Solactive China Clean Energy Index PR |
.SOLCCEIP |
DE000SLA9KC9 |
|
Solactive China Clean Energy Index NTR |
.SOLCCEIN |
DE000SLA9KD7 |
|
Solactive China Clean Energy Index TR |
.SOLCCEIT |
DE000SLA9KE5 |
|
Solactive China Consumer Brand Index PR |
.SOLCCBIP |
DE000SLA9KF2 |
|
Solactive China Consumer Brand Index NTR |
.SOLCCBIN |
DE000SLA9KG0 |
|
Solactive China Consumer Brand Index TR |
.SOLCCBIT |
DE000SLA9KH8 |
|
Solactive China Electric Vehicle Index PR |
.SOLCEVIP |
DE000SLA9J96 |
|
Solactive China Electric Vehicle Index NTR |
.SOLCEVIN |
DE000SLA9KA3 |
|
Solactive China Electric Vehicle Index TR |
.SOLCEVIT |
DE000SLA9KB1 |
Rationale for methodology change
Solactive has determined that in order to accurately comply with the index objective and to avoid unnecessary turnover, the selection and rebalancing days should consider the publication date of the Hong Kong Connect Eligibility List. Consequently, the rebalancing days will be shifted to the 2nd Friday in January and July.
Changes to the Index Guideline
The Methodology changes will be implemented in the following points of the Index Guidelines (ordered in accordance with the numbering of the affected sections):
- The below changes will be implemented in the following points of the Index Guidelines for the Solactive China Clean Energy Index PR / TR / NTR, the Solactive China Consumer Brand Index PR / TR / NTR and the Solactive China Electric Vehicle Index PR / TR / NTR:
The Definition “Rebalance Day” in Section 6 is changed from
“REBALANCE DAY” is the first Friday in June and December. If that day is not a TRADING DAY the REBALANCE DAY will be the immediately following TRADING DAY.
to
“REBALANCE DAY” is the second Friday in January and July. If that day is not a TRADING DAY the REBALANCE DAY will be the immediately following TRADING DAY.
- The below changes will be implemented in the following points of the Index Guidelines for the Solactive China Cloud Computing Index PR / TR / NTR and the Solactive China Biotech Index PR / TR / NTR:
The Definition “Adjustment Day” in Section 4 is changed from:
“Adjustment Day” is the first Friday of June and December. If that day is not a Trading Day the Adjustment Day will be the immediately following Trading Day.
to
“Adjustment Day” is the second Friday of January and July. If that day is not a Trading Day the Adjustment Day will be the immediately following Trading Day.
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.