Overview
Announcements

Methodology Change | Solactive Innovative Technologies Index | Effective Date 28/02/2023

Today, on 13/02/2023, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

NAME RIC ISIN
Solactive Innovative Technologies Index NTR .SOLITEK DE000SLA5ZX1
Solactive Innovative Technologies Index PR .SOLITEKP DE000SLA5ZW3
Solactive Innovative Technologies Index TR .SOLITEKT DE000SLA5ZY9

 

Rationale for  Methodology  Change

Solactive AG deems the current Index Methodology lacking regarding the appropriate reflection of the index objective in the theme “Social Media”. The Index Objective is set to represent an investable universe of publicly-traded companies that are involved in innovative and disruptive technological trends across a broad range of industries. The Indices classify the trends in several themes and a company is eligible for inclusion in the Indices if it derives its assets or revenue from the themes. The themes need to be reviewed on an ongoing basis as new technological trends could arise or the currently defined themes need to be adjusted or removed. In order to align better with the objective of the affected Indices, Solactive decided to implement the following Methodology changes.

Additionally the time frame between Selection Day and Adjustment Day will be adjusted.

Changes to the Index Guideline

The following Methodology changes will be implemented in the following points of the Index Guideline:

2.1 SELECTION OF THE INDEX COMPONENTS

From (old version):

[…]

Social Media

Communication and Collaboration Content Sites

Web Search Sites and Software

[…]

To (new version):

[…]

Social Media

Communication and Collaboration Content Sites

Web Search Sites and Software

Other Classifieds and Directories Media and Sites

Mobile Platform Applications Software

[…]

4 DEFINITIONS

From (old version):

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

[…]

Communication and Collaboration Content Sites, Web Search Sites and Software, Blockchain Technology, Cryptocurrency Mining, Cryptocurrency Trading / Exchanges, Hematological Oncology Biopharmaceuticals, Other Oncology Biopharmaceuticals, Biotechnology and Genomics (GMO/Hybrids) Products, Diversified Bioanalytical Instruments, Analytical and Bioanalytical Services, Bioanalytical Consumables, Genetic Molecular Diagnostic Test Kits, Factory Automation Equipment, General Semiconductors, Industrial Machine Parts and Support Equipment, Processor Semiconductors, Specialized Semiconductors, Programmable Logic and ASIC Semiconductors, Household Robot Makers, Surgical Robotic Systems, Alternative Energy Car Manufacturers, Multi-Type 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, Media Download and Streaming Digital Content Sites, Media and Entertainment Industry Software, Electronic Gaming Equipment, Electronic Gaming/Entertainment Electronics Makers, General Gaming Industries, General Gaming Products and Services, Online Gaming Systems, Other Games Software, Online Game Websites and Software, Handheld and Smart Phone Games Software.

To (new version):

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

[…]

Communication and Collaboration Content Sites, Web Search Sites and Software, Other Classifieds and Directories Media and Sites, Mobile Platform Applications Software, Blockchain Technology, Cryptocurrency Mining, Cryptocurrency Trading / Exchanges, Hematological Oncology Biopharmaceuticals, Other Oncology Biopharmaceuticals, Biotechnology and Genomics (GMO/Hybrids) Products, Diversified Bioanalytical Instruments, Analytical and Bioanalytical Services, Bioanalytical Consumables, Genetic Molecular Diagnostic Test Kits, Factory Automation Equipment, General Semiconductors, Industrial Machine Parts and Support Equipment, Processor Semiconductors, Specialized Semiconductors, Programmable Logic and ASIC Semiconductors, Household Robot Makers, Surgical Robotic Systems, Alternative Energy Car Manufacturers, Multi-Type 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, Media Download and Streaming Digital Content Sites, Media and Entertainment Industry Software, Electronic Gaming Equipment, Electronic Gaming/Entertainment Electronics Makers, General Gaming Industries, General Gaming Products and Services, Online Gaming Systems, Other Games Software, Online Game Websites and Software, Handheld and Smart Phone Games Software.

 

From (old version):

The “Adjustment Day” is 5 Business Days after the Selection Day. If this happens to be a non-trading day at the New York Stock Exchange, the Adjustment Day will be on the following Business Day that is a trading day at the New York Stock Exchange.

To (new version):

The “Adjustment Day” is 15 Business Days after the Selection Day. If this happens to be a non-trading day at the New York Stock Exchange, the Adjustment Day will be on the following Business Day that is a trading day at the New York Stock Exchange.