Methodology Change | Solactive MLP Infrastructure Index | Effective Date 25/01/2024
Today, on the 23/01/2024, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
|
NAME |
RIC |
ISIN |
|
Solactive MLP Infrastructure (Gross) Index |
.MLPAMIDG |
DE000SL0ALT1 |
|
Solactive MLP Infrastructure Index |
.MLPAMID |
DE000SLA4HN3 |
|
Solactive MLP Infrastructure Index (Price) |
.MLPAMIDP |
DE000SLA4HM5 |
Rationale for Methodology Change
To broaden the universe of Master Limited Partnerships active in the energy infrastructure sector and align with industry dynamics, Solactive determined to expand the universe by including Master Limited Partnerships active in providing services in compression as well as marketing and distribution activities due to their interconnectedness within energy logistics and infrastructure. Both operational segments ensure that energy products are transported efficiently from their source to end-users, maintaining the flow and availability of energy in line with market demands.
Changes to the Index Guideline
Section 2.1 Index Universe Requirements
From (current wording):
“[…]
- Business focus on owning and operating assets used in energy logistics, including, but not limited to, pipelines, storage facilities and other assets used in transporting, storing, gathering, and processing natural gas, natural gas liquids, crude oil or refined products
[…]”
To (new wording)
“[…]
- Business focus on owning and operating assets used in energy logistics, including, but not limited to, pipelines, storage facilities, compression services, marketing and distribution and other assets used in transporting, storing, gathering, and processing natural gas, natural gas liquids, crude oil or refined products
[…]”
Defined terms used in this Announcement, but not defined herein, have the meaning assigned to them in the respective index guideline of the Index.