Methodology Change | Solactive U.S. Bank Yield (CAD Hedged) Index | Effective Date 14/03/2023

Today, on 07/02/2023, Solactive announces the following changes to the methodology of the following indices (the ‘Affected Indices’):

Rationale for Methodology Change

The change happens in accordance with the announced change in the underlying unhedged Equity baskets: https://www.solactive.com/methodology-change-solactive-u-s-bank-yield-index-effective-date-30-01-2023/

Changes to the Index Guideline 

The following Methodology change will be implemented in the following point of the Index Guideline (ordered in accordance with the numbering of the affected sections):

Solactive U.S. Bank Yield NTR (CAD Hedged) Index:

4. Definitions

From (old version):

“REBALANCE DAY” is the Third Business Day of each month, If that day is not a TRADING DAY the REBALANCE DAY will be the immediately following TRADING DAY.

To (new version):

“REBALANCE DAY” is the Tenth Business Day of each month, If that day is not a TRADING DAY the REBALANCE DAY will be the immediately following TRADING DAY.

Solactive U.S. Banks Yield TR (CAD Hedged) Index:

4. Definitions

From (old version):

“Adjustment Day” is the third business Day of each month.

To (new version):

“Adjustment Day” is the tenth 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.