As of 20/01/2023
Index Information
Index Details
The Solactive Purpose Software
Index focuses on companies that have significant exposure to the provision of
products and/or services that contribute to the software industry.
Methodology
- Screening: Global companies with at least 60% of revenues from online retail or online marketplace commerce sales, screened for market cap and liquidity. Only ADR versions of emerging market companies eligible for inclusion up to a maximum weight of 20% in aggregate.
- ESG Screen: ESG screened for compliance with UN Global Compact principles plus any operational business involvement in the fields of fossil fuel, oil sands and/or controversial weapons.
- Weighting: Revenue weighted at time of rebalance with emerging market companies capped at 20% of total exposure.
- Calculation: Calculated every 15 seconds by Solactive AG Rebalanced quarterly in May, August, November, and February.
To view the Methodology
click here.