Methodology Change | Solactive ESG Big Data Europe High Dividend Low Volatility Index PR/NTR/TR, Solactive Big Data Europe Low Volatility Index PR/NTR/TR, Solactive Big Data Europe Low Volatility AR 5% Index | Effective Date 11/10/2019
Today, on the 30/09/2019, Solactive announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
1 |
Solactive ESG Big Data Europe High Dividend Low Volatility Index PR |
.SOBIGESG |
DE000SLA8H16 |
2 |
Solactive ESG Big Data Europe High Dividend Low Volatility Index NTR |
.SOBIGESGN |
DE000SLA8H24 |
3 |
Solactive ESG Big Data Europe High Dividend Low Volatility Index TR |
.SOBIGESGT |
DE000SLA8H32 |
4 |
Solactive Big Data Europe Low Volatility Index PR |
.SOBDESGP |
DE000SLA8NX1 |
5 |
Solactive Big Data Europe Low Volatility Index NTR |
.SOBDESGN |
DE000SLA8NY9 |
6 |
Solactive Big Data Europe Low Volatility Index TR |
.SOBDESGT |
DE000SLA8NZ6 |
7 |
Solactive Big Data Europe Low Volatility AR 5% Index |
.SOBDESGA |
DE000SLA8N00 |
Rationale for methodology change
Solactive has determined that in order to comply with current market standards in the ESG indexing space, the exclusion criteria for companies that exhibit involvement in the sale and/or production of weapons should be strengthened. More specifically, Solactive has determined to exclude all sellers and producers of controversial weapons thereby strengthening and clarifying the definition of the exclusion criterion.
Changes to the Index Guideline
The following description in the table in section 2.1 SELECTION OF THE INDEX COMPONENTS (for indices 1-3 above)/section 2.2 SELECTION OF THE INDEX COMPONENTS (for indices 4-7 above) of the respective index guideline will change
From:
Business involvement |
Exclusion criterion |
Weapons |
Company derives >5% of revenues from the sale and/or production of weapons |
To:
Business involvement |
Exclusion criterion |
Controversial Weapons |
Any involvement, i.e. company derives >0% of revenues from the sale and/or production of weapons |
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.