Overview
Announcements

Methodology Change | Solactive Cloud Technology Equal Weight Index | Effective Date 07/07/2022

Today, on the 30/06/2022, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

NAME

RIC

ISIN

Solactive Cloud Technology Equal Weight Index GTR

.SOLSKYYT

DE000SL0CZM2

Solactive Cloud Technology Equal Weight Index NTR

.SOLSKYYN

DE000SL0CZL4

Solactive Cloud Technology Equal Weight Index PR

.SOLSKYYP

DE000SL0CZK6

Rationale for Methodology Change

The Affected Indices intend to measure the performance of an investable universe of publicly-traded global companies active or expected to be active in the field of cloud computing, such as service providers or producers of equipment or software focused on cloud computing. In order to further enhance the replicability of the index by removing additional layers of complexity, the Shanghai Exchange will be removed from the eligible exchanges as the exchange notification requires a 4 weeks’ notice period . Solactive has determined to implement the following change to the index guideline :

Change to the Index Guideline

The following Methodology change will be implemented in the following point of the Index Guideline (ordered in accordance with the numbering of the affected section):

  • Section: 2.1. INDEX UNIVERSE REQUIREMENTS

From (old version):

[…]

b) Primary listing in one of the countries that are part of the Developed and Emerging Markets as defined by the Solactive Country Classification (see https://www.solactive.com/documents/?). Stocks which are listed on the Shanghai Stock Exchange or the Shenzhen Stock Exchange are traded via the Stock Connect.

c) Share Class Market Capitalization of at least USD 100 million for companies on the respective Selection Day.

d) A minimum Average Daily Value Traded of at least USD 2 million over 3-months prior to and including the Selection Day.

[…]

To (new version):

[…]

b) Primary listing in one of the countries that are part of the Developed and Emerging Markets as defined by the Solactive Country Classification (see https://www.solactive.com/documents/?). Stocks which are listed on the Shenzhen Stock Exchange are traded via the Stock Connect.

c) Stocks which are listed on the Shanghai Stock Exchange are not eligible for inclusion.

d) Share Class Market Capitalization of at least USD 100 million for companies on the respective Selection Day.

e) A minimum Average Daily Value Traded of at least USD 2 million over 3-months prior to and including the Selection 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. The amended version of the index guideline will be available on the effective date.