Methodology Change | Solactive Global Innovation Index | Effective Date 08/04/2021

Today, on the 06/04/2021, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’ or ‘Indices’):

Rationale for  Methodology  Change

The Affected Indices provide exposure to companies that are involved in innovative and disruptive trends across a broad range of industries. The Affected Indices classify the trends in several themes and a company is eligible for inclusion if it derives its assets or revenue from one of these themes. As technological trends constantly evolve, the themes need to be reviewed on continuous basis for the adjustments. 

Changes to the Index  Methodology

1. Section 2.1: Index Universe Requirements

From (old version):

[…]

2. Companies must be classified under any of the following FactSet Revere Business Industry Classification System (“RBICS”) sub-industries:

Communication and Collaboration Content Sites, Web Search Sites and Software, Enterprise Management Software, Blockchain Technology, Cryptocurrency Mining, Cryptocurrency Trading / Exchanges, Hematological Oncology Biopharmaceuticals, Other Oncology Biopharmaceuticals, Biotechnology and Genomics (GMO/Hybrids) Products, Factory Automation Equipment, General Semiconductors, Industrial Machine Parts and Support Equipment, Processor Semiconductors, Specialized Semiconductors, Programmable Logic and ASIC Semiconductors, Household Robotics, Surgical Robotic Systems, Car Manufacturers, Auto Interior Comfort/Safety/Electronics Products, Fuel Cell Equipment and Technology Providers, Heavy-Duty and High-End Batteries Manufacturing, Video Multimedia Semiconductors, General Analog and Mixed Signal Semiconductors, Carrier Edge Network Management Equipment, Customer Premises Network Security Equipment, Colocation and Data Center Services, Government IT Services, Network Security Access Policy Software, Network Security Software, Virtual Reality Design and Engineering Software, Home and Office Virtual Reality Software, Virtual Reality Equipment, Wireless Services, Other Network Software, Network Administration Software, Diversified Technology Hardware, General Communications Equipment and Other Communications Semiconductors.

[…]

To (new version):

[…]

2. Companies must be classified under any of the following FactSet Revere Business Industry Classification System (“RBICS”) sub-industries:

Communication and Collaboration Content Sites, Web Search Sites and Software, Enterprise Management Software, Blockchain Technology, Cryptocurrency Mining, Cryptocurrency Trading / Exchanges, Hematological Oncology Biopharmaceuticals, Other Oncology Biopharmaceuticals, Biotechnology and Genomics (GMO/Hybrids) Products, Factory Automation Equipment, General Semiconductors, Industrial Machine Parts and Support Equipment, Processor Semiconductors, Specialized Semiconductors, Programmable Logic and ASIC Semiconductors, Household Robotics, Surgical Robotic Systems, Car Manufacturers, Auto Interior Comfort/Safety/Electronics Products, Fuel Cell Equipment and Technology Providers, Heavy-Duty and High-End Batteries Manufacturing, Video Multimedia Semiconductors, General Analog and Mixed Signal Semiconductors, Carrier Edge Network Management Equipment, Customer Premises Network Security Equipment, Colocation and Data Center Services, Government IT Services, Network Security Access Policy Software, Network Security Software, Wireless Services, Other Network Software, Network Administration Software, Diversified Technology Hardware, General Communications Equipment and Other Communications Semiconductors, Electronic Payment Processing, Financial and Compliance ERP Software, Commercial Bank and Credit Union Software, Insurance Software, Other Finance Industry Software, Peer-to-Peer Lending Investment Management/Brokerage Software.

[…]

2. Section: 2.2 Selection of the Index Components

From (old version):

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To (new version):

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3. Section: 6 Definitions

 “Index Category”

From (old version):

“INDEX CATEGORY” is any of the following: Blockchain, Cloud Computing & Big Data, Cyber Security, Future Cars, Genomics, Robotics & Automation, Virtual/Augmented Reality, 5G, Video Gaming

To (new version):

“INDEX CATEGORY” is any of the following: Fintech, Cloud Computing & Big Data, Cyber Security, Future Cars, Genomics, Robotics & Automation, 5G, Video Gaming.

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.