One off Methodology Change (criteria relaxation) | Solactive MLP Infrastructure Indices | Effective Date 16 August 2019
Today, on the 16th of August 2019, Solactive announces the following one off criteria relaxation to the methodology of the following Indices (the ‘Affected Indices’):
NAME | INDEX RIC | INDEX ISIN |
Solactive MLP Infrastructure Index | .MLPAMID | DE000SLA4HN3 |
Solactive MLP Infrastructure Index (Price) | .MLPAMIDP | DE000SLA4HM5 |
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 sector in the MLP space, this can not be guaranteed with the current Free Float Market Capitalization criteria. Therefore, the criteria will be relaxed for the upcoming selection, which will take place close of business August 16, 2019.
One off change to the Index Guideline
The minimum Free Float Market Capitalization is relaxed up to 500 million USD for the upcoming selection, referring to section 2.1 in the Index Guideline of the Affected Indices.
This will only be applied until 20 members pass the criteria.