Ordinary Adjustment | Solactive GFS Developed Markets Value Index | Effective Date 8th May 2025
Solactive GFS Developed Markets Value Index:
In the ordinary adjustment, the following composition will be implemented effective open 8th May 2025:
| A2A SPA |
| ACKERMANS & VAN HAAREN NV |
| ACOM CO LTD ORD |
| AEON MALL CO LTD ORD |
| AERCAP HOLDINGS NV |
| AGC INC |
| AGEAS SA NV |
| AGL ENERGY LTD |
| AIB GROUP PLC |
| AIR WATER INC |
| AIRPORT CITY LTD. |
| AISIN CORP |
| AKER ASA CLASS A |
| AKER BP ASA |
| ALEXANDRIA REAL ESTATE EQUITIES INC |
| ALFRESA HOLDINGS CORP ORD |
| ALTAGAS LTD |
| AMADA CO LTD |
| AMERICAN INTERNATIONAL GROUP INC |
| AMOT INVESTMENTS LTD. |
| ANHEUSER BUSCH INBEV SA NV |
| ANZ GROUP HOLDINGS LTD |
| AP MOLLER MAERSK AS CLASS B |
| ARCELORMITTAL SA |
| ARCHER-DANIELS-MIDLAND CO |
| ASAHI GROUP HLDGS (ASAHI BREW) ORD |
| ASAHI KASEI CORP |
| ASSOCIATED BRITISH FOODS PLC |
| ATLAS ARTERIA LTD |
| AZRIELI GROUP LTD ORD |
| BANCO BILBAO VIZCAYA ARGENTARIA SA |
| BANCO BPM SPA |
| BANCO COMERCIAL PORTUGUES SA |
| BANCO SANTANDER SA |
| BANK HAPOALIM BM ORD |
| BANK LEUMI LE-ISRAEL ORD |
| BANK OF AMERICA CORP |
| BANK OF IRELAND GROUP PLC |
| BANK OF MONTREAL |
| BANK OF NOVA SCOTIA |
| BANK POLSKA KASA OPIEKI SA |
| BARCLAYS PLC |
| BARRATT REDROW PLC |
| BARRICK GOLD CORP |
| BASF SE |
| BAWAG GROUP AG |
| BAYER AG |
| BAYERISCHE MOTOREN WERKE AG |
| BERKELEY GROUP HOLDINGS PLC |
| BIG SHOPPING CENTERS LTD. |
| BIOGEN INC |
| BIONTECH SE |
| BLUESCOPE STEEL LTD |
| BNP PARIBAS SA |
| BOLLORE SE |
| BOUYGUES SA |
| BP PLC |
| BRIDGESTONE CORP ORD |
| BRITISH AMERICAN TOBACCO PLC |
| BROOKFIELD WEALTH SOLUTIONS |
| BROTHER INDUSTRIES LTD ORD |
| BT GROUP PLC |
| CA IMMOBILIEN ANLAGEN AG |
| CAIXABANK SA |
| CANADIAN APT PROPERTIES REIT UNIT |
| CANADIAN IMPERIAL BANK OF COMMERCE |
| CAPITAL ONE FINANCIAL CORP |
| CAPITALAND ASCENDAS REIT |
| CAPITALAND INTEGRATED COMMERCIAL TRUST |
| CAPITALAND INVESTMENT LTD |
| CASTELLUM AB |
| CATHAY PACIFIC AIRWAYS LTD ORD |
| CDN. UTILITIES LTD A |
| CENOVUS ENERGY INC |
| CENTRAL JAPAN RAILWAY CO |
| CHIBA BANK LTD ORD |
| CHINA GAS HOLDINGS LTD |
| CHOICE PROPERTIES REI |
| CHUBU ELECTRIC POWER CO INC ORD |
| CIE GENERALE DES ETABLISSEMENTS MICHELIN |
| CITIGROUP INC |
| CITIZENS FINANCIAL GROUP INC |
| CITY DEVELOPMENTS LTD ORD |
| CK ASSET HOLDINGS LTD |
| CK HUTCHISON HOLDINGS LTD |
| CK INFRASTRUCTURE HOLDINGS LTD |
| COCA-COLA BOTTLERS JAPAN INC |
| COMMERZBANK AG |
| CONCORDIA FINANCIAL GROUP LTD |
| CONTINENTAL AG |
| CPI EUROPE AG |
| CREDIT AGRICOLE SA |
| CVS HEALTH CORP |
| DAI NIPPON PRINTING CO LTD ORD |
| DAI-ICHI LIFE HOLDINGS INC |
| DAIMLER TRUCK HOLDING AG |
| DAIWA HOUSE INDUSTRY CO LTD ORD |
| DAIWA HOUSE REIT INVESTMENT CORP |
| DAIWA SECURITIES GROUP INC ORD |
| DANSKE BANK A/S |
| DELEK GROUP LTD ORD |
| DENSO CORP ORD |
| DENTSU GROUP INC |
| DEUTSCHE BANK AG |
| DEXUS/AU |
| DIAMONDBACK ENERGY INC |
| DIE RAIFFEISEN BANK INTERNATIONAL AG |
| DNB BANK ASA |
| DOWDUPONT INC |
| DR ING HC F PORSCHE AG |
| DSM FIRMENICH AG |
| EAST JAPAN RAILWAY CO |
| EDP ENERGIAS DE PORTUGAL SA |
| ELECTRIC POWER DEVELOPMENT LTD ORD |
| EMBRACER GROUP AB |
| EMERA INC COM |
| EMPIRE CO LTD A |
| ENEOS HOLDINGS INC |
| ENGIE SA |
| ENI SPA |
| ERSTE GROUP BANK AG |
| ESR GROUP LIMITED |
| EVEREST GROUP LTD |
| EVN AG |
| EXOR NV |
| FAIRFAX FINANCIAL HOLDINGS LIMITED |
| FASTIGHETS BALDER AB CLASS B |
| FIFTH THIRD BANCORP |
| FIRST INTERNATIONAL BANK ISRAEL ORD5 |
| FIRST QUANTUM MINERALS LTD |
| FORD MOTOR CO |
| FORTIS INC |
| FORTUM OYJ |
| FOSUN INTERNATIONAL LTD |
| FRESENIUS MEDICAL CARE AG & CO KGAA |
| FRESENIUS SE & CO KGAA |
| FUJI MEDIA HLDGS (FUJI TELE) ORD |
| FUJIFILM HOLDINGS CORP ORD |
| FUKUOKA FINANCIAL GROUP INC ORD |
| GENERAL MOTORS CO |
| GENTING SINGAPORE PLC |
| GLENCORE PLC |
| GLOBAL PAYMENTS INC |
| GLP J-REIT/D |
| GOLDMAN SACHS GROUP INC |
| GPT GROUP |
| GROUPE BRUXELLES LAMBERT SA |
| HAFNIA LTD |
| HAKUHODO DY HOLDINGS INC ORD |
| HAMAMATSU PHOTONICS KK ORD |
| HANG LUNG PROPERTIES LTD ORD |
| HANG SENG BANK LTD ORD |
| HANKYU HANSHIN HOLDINGS INC |
| HAPAG-LLOYD AG |
| HAREL INSUR INVEST & FINL SVCS ORD |
| HASEKO CORP ORD |
| HEIDELBERG MATERIALS AG |
| HENDERSON LAND DEVELOPMENT ORD |
| HEWLETT PACKARD ENTERPRISE COMPANY |
| HITACHI CONSTRUCTION MACHINERY ORD |
| HK ELECTRIC INVESTMENTS LTD |
| HOLMEN AB |
| HONDA MOTOR |
| HONGKONG LAND HOLDINGS LTD ORD |
| HSBC HOLDINGS PLC |
| HULIC CO LTD |
| HUNTINGTON BANCSHARES INC/OH |
| Husqvarna AB |
| IBIDEN CO LTD |
| IDEMITSU KOSAN CO LTD ORD |
| IGM FINANCIAL INC. |
| IIDA GROUP HOLDINGS CO LTD |
| INDUSTRIVAERDEN AB ORD C |
| INFORMA PLC |
| ING GROEP NV |
| INPEX CORP |
| INTEL CORP |
| INTESA SANPAOLO SPA |
| INVESTOR AB CLASS B |
| ISETAN MITSUKOSHI HOLDINGS LTD ORD |
| ISRAEL CORP LTD |
| ISRAEL DISCOUNT BANK LTD ORD A |
| ISUZU MOTORS LTD |
| J FRONT RETAILING CO LTD ORD |
| J SAINSBURY PLC |
| JAPAN AIRLINES CO LTD |
| JAPAN METROPOLITAN FUND INVESTMENT CORP |
| JAPAN POST BANK CO LTD |
| JAPAN POST HOLDINGS CO LTD |
| JAPAN POST INSURANCE CO LTD |
| JARDINE CYCLE & CARRIAGE LTD |
| JARDINE MATHESON HOLDINGS LIMITED |
| JFE HOLDINGS INC |
| KAJIMA CORP ORD |
| KANSAI ELECTRIC POWER CO ORD |
| KAWASAKI KISEN KAISHA LTD |
| KBC GROUPE SA |
| KEIO (KEIO ELECTRIC RAIL) CORP ORD |
| KEPPEL CORP LTD ORD |
| KEYCORP |
| KGHM POLSKA MIEDZ SA |
| KINGFISHER PLC |
| KINTETSU GROUP HOLDINGS CO LTD |
| KOITO MANUFACTURING CO LTD ORD |
| KOMATSU LTD |
| KRAFT HEINZ CO/THE |
| KUBOTA CORP |
| KURARAY CO LTD |
| KYOCERA CORP ORD |
| KYUSHU ELECTRIC POWER CO INC ORD |
| KYUSHU RAILWAY COMPANY |
| L E LUNDBERGFORETAGEN AB CLASS B |
| LAND SECURITIES GROUP PLC |
| LENNAR CORP |
| LINK REIT |
| LIXIL GROUP CORP |
| LLOYDS BANKING GROUP PLC |
| LOEWS CORP |
| LY CORP |
| M & T BANK CORP |
| M&G PLC |
| MAGNA INTERNATIONAL INC |
| MAKITA CORP ORD |
| MAPLETREE INDUSTRIAL TRUST |
| MAPLETREE LOGISTICS TRUST |
| MAPLETREE PAN ASIA COMMERCIAL TRUST |
| MARKEL GROUP INC |
| MARUBENI CORP ORD |
| MAZDA MOTOR CORP ORD |
| MEBUKI FINANCIAL GROUP INC |
| MEDIOBANCA SPA |
| MEDIPAL HLDGS (MEDICEO PALTAC) ORD |
| MELISRON LTD ORD |
| MERCEDES-BENZ GROUP AG |
| MERCK KGAA |
| MINEBEA MITSUMI INC |
| MIRVAC GROUP |
| MITSUBISHI CHEMICAL GROUP |
| MITSUBISHI CORP |
| MITSUBISHI ELECTRIC CORP |
| MITSUBISHI ESTATE CO LTD ORD |
| MITSUBISHI GAS CHEMICAL CO |
| MITSUBISHI HC CAPITAL INC |
| MITSUBISHI MOTORS CORP ORD |
| MITSUBISHI UFJ FINANCIAL GRO |
| MITSUI & CO LTD |
| MITSUI CHEMICALS INC |
| MITSUI FUDOSAN CO LTD ORD |
| MITSUI O.S.K. LINES LTD |
| MIVNE REAL ESTATE KD LTD |
| MIZRAHI TEFAHOT BANK LTD ORD |
| MIZUHO FINANCIAL GROUP INC |
| MONDI PLC |
| MS&AD INS (MITSUI SUMITOMO) ORD |
| MTR CORPORATION LTD |
| NATWEST GROUP PLC |
| NESTE CORPORATION |
| NEXI SPA |
| NGK INSULATORS LTD ORD |
| NH FOODS LTD |
| NIKON CORP ORD |
| NIPPON EXPRESS HOLDINGS CO |
| NIPPON STEEL CORP |
| NIPPON TELEVISION NETWORK CORP ORD |
| NIPPON YUSEN KK |
| NISSAN MOTOR CO LTD ORD |
| NISSHIN SEIFUN GROUP INC |
| NITERRA CO LTD |
| NOKIA OYJ |
| NOMURA HOLDINGS INC ORD |
| NOMURA REAL ESTATE HOLDINGS INC ORD |
| NOMURA REAL ESTATE MASTER FUND INC |
| NORDEA BANK ABP |
| NORSK HYDRO ASA |
| NUTRIEN LTD |
| OBAYASHI CORP ORD |
| ODAKYU ELECTRIC RAILWAY CO LTD |
| OJI PAPER CO LTD |
| OMRON CORP ORD |
| OMV AG |
| ONEX CORP |
| ONO PHARMACEUTICAL CO LTD ORD |
| ORANGE SA |
| ORIX CORP ORD |
| ORIX JREIT INC ORD |
| ORLEN SA |
| OSAKA GAS CO LTD |
| OVERSEA-CHINESE BANKING CORP |
| PANASONIC HOLDINGS CORP |
| PG&E CORP |
| PGE POLSKA GRUPA ENERGETYCZNA SA |
| PHOENIX HOLDINGS LTD/THE |
| PNC FINANCIAL SERVICES GROUP |
| PORSCHE AUTOMOBIL HOLDING SE |
| POWER ASSETS HOLDINGS LTD |
| POWER CORP OF CANADA |
| POWSZECHNY ZAKLAD UBEZPIECZE |
| QINGDAO PORT INTERNATIONAL CO LTD |
| REALTY INCOME CORP |
| REGIONS FINANCIAL CORP |
| RENESAS ELECTRONICS CORP |
| REPSOL SA |
| RESONA HOLDINGS (DAIWA BANK) ORD |
| RESONAC HOLDINGS CORP |
| RICOH CO LTD |
| RINNAI CORP ORD |
| ROHM CO LTD ORD |
| RWE AG |
| SANTOS LTD |
| SBI HOLDINGS INC ORD |
| SCENTRE GROUP |
| SCHRODERS PLC ORD |
| SEATRIUM LTD |
| SEGRO PLC |
| SEIKO EPSON CORP ORD |
| SEKISUI CHEMICAL CO LTD ORD |
| SEKISUI HOUSE LTD ORD |
| SHELL PLC |
| SHIMAMURA CORP ORD |
| SHIMIZU CORP ORD |
| SHIZUOKA FINANCIAL GROUP INC |
| SINGAPORE AIRLINES LTD ORD |
| SINO LAND CO LTD ORD |
| SKANDINAVISKA ENSKILDA BANKEN AB CLASS A |
| SKANSKA AB CLASS B |
| SOCIETE GENERALE SA CLASS A |
| SOFINA SA |
| SOFTBANK GROUP CORP |
| SOJITZ CORP ORD |
| SOMPO HOLDINGS INC |
| SOUTH32 LTD |
| SSAB (SSAB SWEDISH STEEL) AB ORD B |
| STANDARD CHARTERED PLC |
| STANLEY ELECTRIC CO LTD |
| STATE STREET CORP |
| STELLANTIS NV |
| STMICROELECTRONICS NV |
| STOCKLAND |
| STORA ENSO OYJ CLASS R |
| SUBARU CORP |
| SUMITOMO |
| SUMITOMO CHEMICAL CO LTD |
| SUMITOMO ELECTRIC INDUSTRIES LTD |
| SUMITOMO FORESTRY CO LTD |
| SUMITOMO HEAVY INDUSTRIES CO ORD |
| SUMITOMO METAL MINING CO LTD ORD |
| SUMITOMO MITSUI FINANCIAL GR |
| SUMITOMO MITSUI TRUST HOLDINGS ORD |
| SUMITOMO REALTY & DEVELOPMNT ORD |
| SUMITOMO RUBBER INDUSTRIES LTD ORD |
| SUN HUNG KAI PROPERTIES |
| SUNCORP GROUP LTD |
| SUZUKI MOTOR CORP ORD |
| SVENSKA CELLULOSA AKTIEBOLAGET CLASS B |
| SVENSKA HANDELSBANKEN AB CLASS A |
| SWEDBANK AB CLASS A |
| SWIRE PACIFIC LTD ORD A |
| SWIRE PROPERTIES LTD |
| SYENSQO SA |
| SYNCHRONY FINANCIAL |
| T&D HOLDINGS INC ORD |
| TAISEI CORP ORD |
| TAKEDA PHARMACEUTICAL |
| TAYLOR WIMPEY PLC |
| TBS HOLDINGS INC |
| TECK RESOURCES LIMITED CLASS B |
| TELECOM ITALIA SPA |
| TENARIS SA |
| TOBU RAILWAY CO LTD |
| TOHOKU ELECTRIC POWER CO INC ORD |
| TOKYO CENTURY CORP |
| TOKYO ELECTRIC POWER CO HOLDINGS INC |
| TOKYO FUDOSAN HOLDINGS CORP |
| TOKYO GAS CO LTD |
| TOKYU CORP |
| TOPPAN HOLDINGS INC |
| TORAY INDUSTRIES INC ORD |
| TOSOH CORP |
| TOTALENERGIES SE |
| TOYOTA INDUSTRIES CORP ORD |
| TOYOTA MOTOR CORP |
| TOYOTA TSUSHO CORP ORD |
| TPG TELECOM LTD |
| TRUIST FINANCIAL CORP |
| TYSON FOODS INC |
| UBS GROUP AG |
| UNICREDIT SPA |
| UNIPOL GRUPPO SPA |
| UNITED OVERSEAS BANK LTD |
| UNITED URBAN INV CORP (REIT) ORD |
| UOL GROUP LTD ORD |
| UPM-KYMMENE OYJ |
| US BANCORP |
| VERBUND AG |
| VICI PROPERTIES INC |
| VICINITY CENTRES |
| VIENNA INSURANCE GROUP AG |
| VODAFONE GROUP PLC |
| VOESTALPINE AG |
| VOLKSWAGEN AG PREF |
| VOLVO CAR AB-B W/I |
| VONOVIA SE |
| WALLENIUS WILHELMSEN ASA |
| WAREHOUSES DE PAUW SCA |
| WARNER BROS DISCOVERY INC |
| WELLS FARGO & CO |
| WEST FRASER TIMBER CO LTD |
| WEST JAPAN RAILWAY CO |
| WESTPAC BANKING CORPORATION |
| WH GROUP LTD |
| WHARF HOLDINGS LTD ORD |
| WHARF REAL ESTATE INVESTMENT COMPANY LTD |
| WHITBREAD PLC |
| WHITEHAVEN COAL LTD |
| WIENERBERGER AG |
| WILMAR INTERNATIONAL LTD |
| WOODSIDE ENERGY GROUP LTD |
| WORLEY LTD |
| XINYI GLASS HOLDINGS CO LTD |
| YAMADA HOLDINGS CO LTD |
| YAMAHA CORP ORD |
| YAMAHA MOTOR CO LTD ORD |
| YAMATO HDG. |
| YARA INTERNATIONAL ASA |
| YOKOHAMA RUBBER CO LTD ORD |
| ZIM Integrated Shipping Services Ltd |