Methodology Change | Solactive Motif Indices | Effective Date 20/06/2025
Today, on the 13/06/2025, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):
NAME |
RIC |
ISIN |
Solactive National Defense PR Index Solactive National Defense TR Index Solactive National Defense Merged Series PR Index Solactive Artificial Intelligence TR Index Solactive Artificial Intelligence PR Index Solactive Aging of America TR Index Solactive Aging of America PR Index |
.SOLNATP .SOLNAT .SOLNATPM .SOLAIT .SOLAITP .SOLAOA .SOLAOAT |
DE000SL0A097 DE000SL0A1A1 DE000SL0A1G8 DE000SL0A089 DE000SL0A071 DE000SL0A063 DE000SL0A055 |
Rationale for Methodology Change
Solactive has determined that due to a legacy provider elimination, the Thomson Reuters Business Classification System (TRBC) is no longer available for the selection process of the indices above. As a result, Solactive has deemed a transition to FactSet’s Revere Business Classification System (RBICS) is necessary.
Changes to the Index Guideline
The following Methodology changes are proposed in the following points of the Index Guideline (Index Universe Requirements and Index Component Requirements):
From:
3) Apply Thomson Reuters Business Classification screen
- For each company included in the Index Universe, the Thomson Reuters Business Classification (TRBC) of the company is obtained. The TRBC classification structure includes four hierarchical levels: Economic Sector, Business Sector, Industry Group, and Industry. For each company in the Index Universe, the company is retained in the Index Universe only if under the TRBC classification, its Economic Sector is classified as “Technology”.
To:
3) Apply FactSet Revere Business Classification screen
For each company included in the Index Universe, the FactSet Revere Business Classification System (RBICS) of the company is obtained. The RBICS classification structure includes six hierarchical levels: Economy, Sector, Sub-Sector, Industry Group, Industry, and Sub-Industry. For each company in the Index Universe, the company is retained in the Index Universe only if under the RBICS classification, its Industry Group is classified under any of the following Industry Groups:
RBICS Industry Group Number |
RBICS Industry Group Name |
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.