Methodology Change | Solactive India Quality Select Index | Effective Date 27/07/2020

Today, on the 14/07/2020, Solactive AG announces the following changes to the methodology of the following Indices (the ‘Affected Indices’):

Rationale for methodology change

The Affected Indices intends to track the price movements of a portfolio of 30 Indian companies that show above average quality characteristics. Currently, companies that are Listed on the National Stock Exchange of India (NSE) or the Bomby Stock Exchange (BOM) are eligible to be included in the Index Universe (after fulfillment of additional criteria mentioned in the index guideline).

Solactive AG has determined that the underlying Index Universe, Solactive GBS India All Cap Index, is no longer including companies listed on the Bombay Stock Exchange going forward. In order to provide  a transparent selection process Solactive AG has decided to remove Bombay Stock Exchange as an eligible criterion for inclusion from the Affected Indices.

Changes to the Index Guideline

Clause 4 “DEFINITIONS” definition of the criterion for the “Index Universe”:

Old text:

The “Index Universe” in respect of a Selection Day are companies that fulfill the following criteria*:

[…]

Listed on the National Stock Exchange of India (NSE) or the Bombay Stock Exchange (BOM)

[…]

New text:

The “Index Universe” in respect of a Selection Day are companies that fulfill the following criteria*:

[…]

Listed on the National Stock Exchange of India (NSE)

[…]

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.