Methodology Change | Solactive Energy Infrastructure Enhanced Index | Effective Date 02/01/2024
Today, on the 19/12/2023, Solactive announces the following changes to the methodology of the following index/Indices (the ‘Affected Indices’):
|
Name |
ISIN |
RIC |
|
Solactive Energy Infrastructure Enhanced Price Return Index |
DE000SL0A808 |
.SOLEIEP |
|
Solactive Energy Infrastructure Enhanced Net Total Return Index |
DE000SL0A816 |
.SOLEIEN |
|
Solactive Energy Infrastructure Enhanced Total Return Index |
DE000SL0A824 |
.SOLEIET |
Rationale for Methodology Change
Solactive AG has decided change of the rebalance day to one month prior to the current rebalance days to better align index adjustments with diversification testing requirements. The closer the index rebalance to the diversification testing, the less are commonly the deviations from the diversification requirements
Changes to the Index Guideline
Section 6. Definitions
From:
“[….]
“Rebalance Day” is the third Friday in March, June, September and December. If that day is not a Trading Day the Rebalance Day will be the immediately following Trading Day.
[…]”
To (new version):
“[….]
“Rebalance Day” is the third Friday in February, May, August and November. If that day is not a Trading Day the Rebalance 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. The amended version of the index guideline will be available on the effective date.