Methodology Change | Solactive Equal Weight Global Gold Index | Effective Date 07/03/2024
Today, on the 01/03/2024, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive Equal Weight Global Gold Index Solactive Equal Weight Global Gold Index – Price Return |
.SOLGLGEW .SOLGLGEWP |
|
Rationale for Methodology Change
Solactive has determined that in order to better represent the market, the selection criteria should be amended to include the newly added FactSet Revere Business Classification of L5: Precious Metals Streaming and Royalties. This will help to accurately capture all relevant constituents of the industry.
Changes to the Index Guideline
The following Methodology changes will be implemented in the following points of the Index Guideline (ordered in accordance with the numbering of the affected sections):
Section 4: Definitions
[…]
|
RBICS Level 5 |
Americas Gold Mining Asia / Pacific Gold Mining Other Gold Mining Precious Metals Streaming and Royalties |
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.