Methodology Change | Solactive L&G ESG Hedged Indices | Effective Date 31/07/2020
Today, on the 17/07/2020 Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive L&G ESG Developed ex UK GBP Hedged |
.SOESGDGH |
DE000SLA8SQ4 |
|
Solactive L&G ESG North America GBP Hedged |
.SOESGNAH |
DE000SLA8SR2 |
|
Solactive L&G ESG Europe ex UK GBP Hedged |
.SOESGEUH |
DE000SLA8SS0 |
|
Solactive L&G ESG Japan GBP Hedged |
.SOESGJPH |
DE000SLA8ST8 |
|
Solactive L&G ESG APAC ex Japan GBP Hedged |
.SOESGAPH |
DE000SLA8SU6 |
Rationale for methodology change
Solactive has determined that in order to aligned our indices with a more replicable strategy, and to reflect a closer behavior as per market’s standards, we will change the existing selection date for our currency weights fixing.
Changes to the Index Guideline
Section 6 Definitions
From
“SELECTION DAY” is the day when the currency weights for the hedge are determined, is the last Business day of each month […]
To
“SELECTION DAY” is the day when the currency weights for the hedge are determined, is the second latest Business day of each month […]”
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.