One off Methodology Change (criteria relaxation) | Solactive MLP Composite Indices | Effective Date 30 September 2019
Today, on the 30th of September 2019, Solactive announces the following one off criteria relaxation to the methodology of the following Indices (the ‘Affected Indices’):
Indexname |
Index RIC |
Index ISIN |
Solactive MLP Composite Index |
.SOLMLPA |
DE000SLA0ML5 |
Solactive MLP Composite Index (Price) |
.SOLMLPAP |
DE000SLA2MP2 |
Rationale for one off methodology change
Solactive intends to assure that the minimum number of constituents being included in the selection process. Due to the rapidly changing MLP space, this cannot be guaranteed with the current Market Capitalization criteria. Therefore, the criteria will be relaxed for the upcoming selection, which will take place close of business September 30, 2019.
One off change to the Index Guideline
The committee has decided to add the following successors:
GOLAR LNG PARTNERS LP |
GLOBAL PARTNERS LP/MA |
KNOT OFFSHORE PARTNERS LP |
HESS MIDSTREAM PARTNERS LP |
SUMMIT MIDSTREAM PARTNERS LP |