Ordinary Adjustment | Solactive GFS Developed Markets ex United States Low Volatility Index | Effective Date 6th November 2025
Solactive GFS Developed Markets ex United States Low Volatility Index:
In the ordinary adjustment, the following composition will be implemented effective open 6th November 2025:
| A2A SPA |
| ABC MART INC ORD |
| ACKERMANS & VAN HAAREN NV |
| ADMIRAL GROUP PLC |
| AENA SME SA |
| AEON CO LTD ORD |
| AGEAS SA NV |
| AIR LIQUIDE SA |
| AIR WATER INC |
| ALFA LAVAL AB |
| ALFRESA HOLDINGS CORP ORD |
| ALLIANZ SE |
| ALTAGAS LTD |
| AMADEUS IT GROUP SA CLASS A |
| ANA HOLDINGS INC |
| ANZ GROUP HOLDINGS LTD |
| APA GROUP |
| ASAHI GROUP HLDGS (ASAHI BREW) ORD |
| ASSA ABLOY AB CLASS B |
| ASSICURAZIONI GENERALI SPA |
| ASX LTD ORD |
| ATLAS ARTERIA LTD |
| AUCKLAND INTL AIRPORT LTD |
| AURIZON HOLDINGS LTD |
| AVIVA PLC |
| AXA SA |
| AXFOOD AB |
| BANK HAPOALIM BM ORD |
| BANK LEUMI LE-ISRAEL ORD |
| BANK OF MONTREAL |
| BANK OF NOVA SCOTIA |
| BEIERSDORF AG |
| BHP GROUP LTD |
| BOLLORE SE |
| BOUYGUES SA |
| BRAMBLES LTD |
| BRIDGESTONE CORP ORD |
| BRITISH AMERICAN TOBACCO PLC |
| CANADIAN IMPERIAL BANK OF COMMERCE |
| CANADIAN NATIONAL RAILWAY COMPANY |
| CANADIAN PACIFIC KANSAS CITY LIMITED |
| CANADIAN TIRE CORP-CLASS A |
| CAPITALAND ASCENDAS REIT |
| CAPITALAND INTEGRATED COMMERCIAL TRUST |
| CAPITALAND INVESTMENT LTD |
| CCL INDUSTRIES INC |
| CDN. UTILITIES LTD A |
| CENTRAL JAPAN RAILWAY CO |
| CGI INC – CLASS A |
| CHINA GAS HOLDINGS LTD |
| CHOCOLADEFABRIKEN LINDT & SPRUENGLI AG |
| CHOICE PROPERTIES REI |
| CHUBU ELECTRIC POWER CO INC ORD |
| CIE GENERALE DES ETABLISSEMENTS MICHELIN |
| CITY DEVELOPMENTS LTD ORD |
| CK ASSET HOLDINGS LTD |
| CK INFRASTRUCTURE HOLDINGS LTD |
| CLP HOLDINGS LTD |
| COCA-COLA EUROPACIFIC PARTNERS PLC |
| COLES GROUP LTD |
| COLOPLAST AS CLASS B |
| COMMONWEALTH BANK OF AUSTRALIA |
| COMPASS GROUP PLC |
| CONTACT ENERGY LTD |
| CREDIT AGRICOLE SA |
| DAITO TRUST CONSTRUCTION CO LTD ORD |
| DAIWA HOUSE INDUSTRY CO LTD ORD |
| DAIWA HOUSE REIT INVESTMENT CORP |
| DANONE SA |
| DBS GROUP HOLDINGS LTD |
| DEUTSCHE BOERSE AG |
| DEUTSCHE TELEKOM AG |
| DEXUS/AU |
| DIAGEO PLC |
| DNB BANK ASA |
| DOLLARAMA INC |
| DSM FIRMENICH AG |
| EAST JAPAN RAILWAY CO |
| ELECTRIC POWER DEVELOPMENT LTD ORD |
| ELISA OYJ CLASS A |
| EMERA INC COM |
| EMPIRE CO LTD A |
| ENBRIDGE INC |
| ENDEAVOUR GROUP |
| ENDESA SA |
| ENEL SPA |
| ENGIE SA |
| ENI SPA |
| EON SE |
| ESSITY AB CLASS B |
| EVN AG |
| EXOR NV |
| FAIRFAX FINANCIAL HOLDINGS LIMITED |
| FERROVIAL SE |
| FIRST INTERNATIONAL BANK ISRAEL ORD5 |
| FIRSTSERVICE CORP |
| FORTIS INC |
| FRESENIUS SE & CO KGAA |
| GEBERIT AG |
| GENTING SINGAPORE PLC |
| GEORGE WESTON LTD |
| GIVAUDAN SA |
| GJENSIDIGE FORSIKRING ASA |
| GLP J-REIT/D |
| GPT GROUP |
| GREAT WEST LIFECO |
| GROUPE BRUXELLES LAMBERT SA |
| HALEON PLC |
| HANG SENG BANK LTD ORD |
| HANKYU HANSHIN HOLDINGS INC |
| HANNOVER RUCK SE |
| HASEKO CORP ORD |
| HENKEL AG & CO KGAA PREF |
| HIKARI TSUSHIN INC ORD |
| HK ELECTRIC INVESTMENTS LTD |
| HKT TRUST AND HKT LTD |
| HOLMEN AB |
| HONG KONG & CHINA GAS LTD ORD |
| HSBC HOLDINGS PLC |
| HULIC CO LTD |
| HYDRO ONE LTD |
| IBERDROLA SA |
| IGM FINANCIAL INC. |
| IMPERIAL BRANDS PLC |
| INDUSTRIVAERDEN AB ORD C |
| INFORMA PLC |
| INFRASTRUTTURE WIRELESS ITALIANE SPA |
| ING GROEP NV |
| INTACT FINANCIAL CORP. |
| INTERCONTINENTAL HOTELS GROUP PLC |
| INTERTEK GROUP PLC |
| INVESTOR AB CLASS B |
| J SAINSBURY PLC |
| JAPAN AIRLINES CO LTD |
| JAPAN METROPOLITAN FUND INVESTMENT CORP |
| JAPAN REAL ESTATE INVT CORP ORD |
| JAPAN TOBACCO |
| JARDINE CYCLE & CARRIAGE LTD |
| KAO CORP |
| KDDI CORP (DDI) ORD |
| KEPPEL CORP LTD ORD |
| KERRY GROUP PLC-A |
| KESKO OYJ CLASS B |
| KEYERA CORP |
| KINTETSU GROUP HOLDINGS CO LTD |
| KIRIN HOLDINGS (BREWERY) CO LTD ORD |
| KOBAYASHI PHARMACEUTICAL LTD ORD |
| KONE OYJ CLASS B |
| KONINKLIJKE AHOLD DELHAIZE N |
| KYOWA KIRIN CO LTD |
| KYUSHU RAILWAY COMPANY |
| L E LUNDBERGFORETAGEN AB CLASS B |
| LEGAL & GENERAL GROUP PLC ORD |
| LINK REIT |
| LIXIL GROUP CORP |
| LOBLAW COMPANIES LTD. |
| LOTTERY CORPORATION LTD |
| M&G PLC |
| MAPLETREE INDUSTRIAL TRUST |
| MAPLETREE LOGISTICS TRUST |
| MAPLETREE PAN ASIA COMMERCIAL TRUST |
| MARUI GROUP CO LTD (MARUI CO) ORD |
| MCDONALDS HOLDING CO JAPAN ORD |
| MEDIBANK PRIVATE |
| MEDIPAL HLDGS (MEDICEO PALTAC) ORD |
| MEIJI HOLDINGS CO LTD |
| MELISRON LTD ORD |
| METRO INC -A |
| MIRVAC GROUP |
| MITSUBISHI HC CAPITAL INC |
| MIZRAHI TEFAHOT BANK LTD ORD |
| MOWI ASA |
| MTR CORPORATION LTD |
| NATIONAL AUSTRALIA BANK LTD |
| NATIONAL BANK OF CANADA |
| NATIONAL GRID PLC |
| NATURGY ENERGY GROUP SA |
| NAVIGATOR COMPANY SA |
| NESTLE SA |
| NICHIREI CORP ORD |
| NIPPON BUILDING FUND INC. |
| NIPPON EXPRESS HOLDINGS CO |
| NIPPON PROLOGIS REIT INC |
| NISSHIN SEIFUN GROUP INC |
| NOMURA REAL ESTATE HOLDINGS INC ORD |
| NOMURA REAL ESTATE MASTER FUND INC |
| NORDEA BANK ABP |
| NOVARTIS AG |
| NTT INC |
| OBIC CO LTD ORD |
| ODAKYU ELECTRIC RAILWAY CO LTD |
| OJI PAPER CO LTD |
| OMV AG |
| ONO PHARMACEUTICAL CO LTD ORD |
| ORANGE SA |
| ORICA LTD ORD |
| ORIGIN ENERGY LTD |
| ORIX JREIT INC ORD |
| ORKLA ASA |
| OSAKA GAS CO LTD |
| OVERSEA-CHINESE BANKING CORP |
| PEARSON PLC |
| PEMBINA PIPELINE CORP |
| POSTE ITALIANE SPA |
| POWER ASSETS HOLDINGS LTD |
| POWER CORP OF CANADA |
| QBE INSURANCE GROUP LTD |
| QUEBECOR INC – CL B |
| RECKITT BENCKISER GROUP PLC |
| RELX PLC |
| REPSOL SA |
| RESTAURANT BRANDS INTERNATIONAL INC |
| RINNAI CORP ORD |
| RIO TINTO LTD |
| RIO TINTO PLC |
| ROCHE HOLDING AG |
| ROGERS COMMUNICATIONS INC-B |
| ROYAL BANK OF CANADA |
| ROYAL KPN NV |
| RWE AG |
| SAMPO OYJ CLASS A |
| SAPUTO INC |
| SCENTRE GROUP |
| SCHINDLER HOLDING AG |
| SECOM CO LTD ORD |
| SEGRO PLC |
| SEKISUI HOUSE LTD ORD |
| SGS SA |
| SHELL PLC |
| SIEMENS HEALTHINEERS AG |
| SINGAPORE AIRLINES LTD ORD |
| SINGAPORE TELECOMMUNICATIONS LIMITED |
| SINO LAND CO LTD ORD |
| SKANDINAVISKA ENSKILDA BANKEN AB CLASS A |
| SNAM SPA |
| SOFTBANK CORP |
| SOHGO SECURITY SERVICES CO LTD ORD |
| SONIC HEALTHCARE (TECH AUST) ORD |
| SPAREBANK 1 SMN |
| SPAREBANK 1 SR NORGE ASA |
| SPAREBANKEN NORGE |
| SSE PLC |
| STOCKLAND |
| STOREBRAND ASA |
| SUN LIFE FINANCIAL INC |
| SUNCORP GROUP LTD |
| SUNDRUG CO LTD ORD |
| SUNTORY BEVERAGE & FOOD LTD |
| SVENSKA CELLULOSA AKTIEBOLAGET CLASS B |
| SWEDBANK AB CLASS A |
| SWIRE PACIFIC LTD ORD A |
| SWISS LIFE HOLDING AG |
| SWISS RE AG |
| SWISSCOM AG |
| SYMRISE AG |
| TAKEDA PHARMACEUTICAL |
| TC ENERGY CORP |
| TELE2 AB |
| TELEFONICA SA |
| TELENOR ASA |
| TELIA CO AB |
| TELSTRA GROUP LTD |
| TELUS CORPORATION |
| TERNA SPA |
| TESCO PLC |
| THOMSON REUTERS CORP |
| TOBU RAILWAY CO LTD |
| TOKYO FUDOSAN HOLDINGS CORP |
| TOKYU CORP |
| TORONTO-DOMINION BANK |
| TOSOH CORP |
| TOTALENERGIES SE |
| TPG TELECOM LTD |
| TRANSURBAN GROUP |
| TRYG AS |
| TSURUHA HOLDINGS INC ORD |
| UNILEVER PLC |
| UNITED OVERSEAS BANK LTD |
| UNITED URBAN INV CORP (REIT) ORD |
| UNITED UTILITIES PLC |
| UOL GROUP LTD ORD |
| USS CO (TOKAI) LTD ORD |
| VICINITY CENTRES |
| VIENNA INSURANCE GROUP AG |
| VINCI SA |
| WASTE CONNECTIONS INC |
| WESFARMERS LTD |
| WEST JAPAN RAILWAY CO |
| WESTPAC BANKING CORPORATION |
| WHITBREAD PLC |
| WILMAR INTERNATIONAL LTD |
| WOOLWORTHS GROUP LTD |
| WSP GLOBAL INC |
| YAKULT HONSHA CO LTD ORD |
| YAMADA HOLDINGS CO LTD |
| ZURICH INSURANCE GROUP AG |