Underlying Index
Solactive European Equity Index GTR (TGLOTETR)

Index composition
The (general) criteria below apply to the (composition of the) Solactive European Equity Index:

• First shares are selected with a primary stock-market listing in developed European countries, as described in the ‘Solactive European Equity Index Guideline’;
• Exclusively ordinary and preferred shares and Depositary Receipts are eligible;
• Limited Partnerships are excluded;
• Exclusively shares with semi-annual average trading volume of EUR 10 million per day are eligible;
• Only the most liquid listing for each company is eligible;
• The 100 largest shares are then selected based on free float market capitalisation;
• On the Pool of Stocks resulting from above an ESG screening is applied based on indications from ISS ESG. This screening is based on the ten principles of the UN Global Compact as well as specific exclusions related to controversial sectors
• The Index is equally weighted on the reweighting date, after that the weighting can vary due to price fluctuations;
• The Index has an annual reconstitution and is rebalanced at the same time on the fourth Tuesday of March so that the 100 shares are again equally weighted. Shares can also be added or removed. If this is not a Trading Day, the reweighting takes place on the next Trading Day;
• In addition to the annual Index reweighting and reconstitutiton, there is a quarterly index review, where the composition of the Index is screened for any ESG breaches. The review date is the last Trading Day of May, August and November. The effective date is the third Tuesday of June, September and December; and
• For each country, the weighting in the Index is capped at 20% at the moment of reweighting.

Index Provider

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