Methodology Change | SOLACTIVE EM EMEA UCITS INDEX and SOLACTIVE EM EMEA EX SAUDI ARABIA UCITS Index| Effective Date 05/04/2021
Today, on the 22/03/2021, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’ or ‘Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive EM EMEA UCITS Index PR |
.SOLEALMP |
DE000SLA8FA5 |
|
Solactive EM EMEA UCITS Index NTR |
.SOLEALMN |
DE000SLA8E92 |
|
Solactive EM EMEA UCITS Index TR |
.SOLEALMT |
DE000SLA8FB3 |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index PR |
.SOLXSLMP |
DE000SLA8E76 |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index NTR |
.SOLXSLMN |
DE000SLA8E68 |
|
Solactive EM EMEA ex Saudi Arabia UCITS Index TR |
.SOLXSLMT |
DE000SLA8E84 |
Rationale for Methodology Change
Solactive has determined that in order to better represent the purpose of the Indices representing the EMEA region the definition of the EMEA universe will be defined in a dynamic way going forward. Hence, updates of the Solactive classification of emerging markets will then be covered going forward.
Changes to the Index Methodology
The following Methodology changes will be implemented in the following sections of the Index Methodology (ordered in accordance with the numbering of the affected sections):
Section 2.1: Index Universe Requirements
From (old version):
[…]
Solactive EM EMEA ex Saudi Arabia UCITS Index NTR .
- Members of the latest selection of the:
- Solactive GBS Czech Republic Large & Mid Cap USD Index PR
- Solactive GBS Egypt Large & Mid Cap USD Index PR
- Solactive GBS Greece Large & Mid Cap USD Index PR
- Solactive GBS Hungary Large & Mid Cap USD Index PR
- Solactive GBS Qatar Large & Mid Cap USD Index PR
- Solactive GBS Russia Large & Mid Cap USD Index PR
- Solactive GBS Turkey Large & Mid Cap USD Index PR
- Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR
- Solactive GBS South Africa Large & Mid Cap USD Index PR
[…]
To (new version):
[…]
Solactive EM EMEA ex Saudi Arabia UCITS Index
- Members of the latest selection of the:
- Solactive GBS Emerging Markets Large & Mid Cap USD Index PR
and assigned to an EMEA country, based on the GBS country classification and as defined in the Appendix, excluding Saudi Arabia.
[…]
From (old version):
[…]
Solactive EM EMEA UCITS Index
- Members of the latest selection of the:
- Solactive GBS Czech Republic Large & Mid Cap USD Index PR
- Solactive GBS Egypt Large & Mid Cap USD Index PR
- Solactive GBS Greece Large & Mid Cap USD Index PR
- Solactive GBS Hungary Large & Mid Cap USD Index PR
- Solactive GBS Qatar Large & Mid Cap USD Index PR
- Solactive GBS Russia Large & Mid Cap USD Index PR
- Solactive GBS Turkey Large & Mid Cap USD Index PR
- Solactive GBS United Arab Emirates Large & Mid Cap USD Index PR
- Solactive GBS South Africa Large & Mid Cap USD Index PR
- Solactive GBS Saudi Arabia Large & Mid Cap USD Index PR
[…]
To (new version):
[…]
Solactive EM EMEA UCITS Index
- Members of the latest selection of the:
- Solactive GBS Emerging Markets Large & Mid Cap USD Index PR
and assigned to an EMEA country, based on the GBS country classification and as defined in the Appendix.
[…]
Additionally, a list of EMEA countries will be added to the Appendix.
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.