New Index Constituents definition

New Index Constituents means, during a Rebalancing Period, the Index Constituents selected on the most recent Selection Date, as detailed in “Selection and Weight Allocation of the Index Constituents” above. denotes the Rebalancing Date and can be equal to 1, 2, 3, 4;is the index business day immediately preceding the first Rebalancing Date; is the J-th Rebalancing Date, with J=1, 2, 3, 4;,and denote the number of units of the j-th Old Index Constituents, to be held on the close of the J-th Rebalancing Date and the number of units of the j-th Old Index Constituents, held on the close of the index business day immediately preceding the J-th Rebalancing Date, respectively; ,and denote the number of units of the i-th New Index Constituent, to be held on the close of the J-th Rebalancing Date and the number of units of the i-th New Index Constituent held on the close of the index business day immediately preceding the J-th Rebalancing Date, respectively; is the number of Old Index Constituents, which is equal to 4; is the number of New Index Constituents, which is equal to 4;is the Nominal Total Return Price of the Sector corresponding to the Index Constituent the i-th New Index Constituent on the relevant Rebalancing Date , with J=1, 2, 3, 4; PS-27 is the Nominal Total Return Price of the Sector corresponding to the Index Constituent of the j-th Old Index Constituent on the relevant Rebalancing Date , with J=1, 2, 3, 4; and is the weight of the i-th New Index Constituent, which is equal to 25%. Index Level Calculation The Index Level applicable in respect of the Index Base Date is 100.0000. Thereafter, the Index Level with respect to each index business day shall be calculated by the index sponsor as on each index business day in accordance with the following formula: Where: It is the Index Level on index business day t; IR is the Index Level on the immediately preceding Rebalancing Date R, with respect to current index business day t; RLBt is the return of the Index from and excluding the previous Rebalancing Date (R) and to and including the current index business day (t), calculated as follows: Where: is the weighted sum of the Nominal Total Return Prices of the sectors corresponding to the Index Constituents on index business day t, calculated as follows: Where:
Sample 1
New Index Constituents means, during a Rebalancing Period, the Index Constituents selected on the immediately preceding Selection Date in accordance with Section 2 (Index rebalancing) of Part C (Index calculation methodology)
Sample 1
New Index Constituents means, during a Rebalancing Period, the Shares selected on the immediately preceding Selection Date that are to be held with respect to the 1st Rebalancing Date of the current Rebalancing Period, in accordance with Section 2 (Index Rebalancing) of Part C (Index Calculation Methodology);
Sample 1

Examples of New Index Constituents in a sentence

  • If after all selection steps, there are less than 20 Equity Shares selected, the Index Constituents will remain unchanged from the previous quarter and the New Index Constituents will be the same as Old Index Constituents.

  • However if any of the Old Index Constituents are removed from the Index as a result of a delisting or other rebalancing , then the Cash Index Component will be added to the New Index Constituents so that the number of New Index Constituents will be equal to the number of Old Index Constituents.

  • Following the initial Index constitution, the Index Sponsor has reconstituted and will reconstitute the Index on a monthly basis on each Index Reconstitution Day and determine New Index Constituents as described in “Index Selection Process” below.

  • In case no solution is found in (A), (B) or (C), all constraints are fully relaxed;The solution will provide thirty three (33) stocks which will become the New Index Constituents.

  • If after all selection steps, there are fewer than 20 Equity Shares selected, the Index Constituents will remain unchanged from the previous quarter and the New Index Constituents will be the same as Old Index Constituents.

  • However if any of the Old Index Constituents are removed from the Index as a result of a delisting or other rebalancing, then the Cash Index Component will be added to the New Index Constituents so that the number of New Index Constituents will be equal to the number of Old Index Constituents.

  • Where the CROCI Economic Price Earnings Ratio for any Eligible Share is the same as for any other Eligible Share or Eligible Shares, then the Eligible Share with the highest Market Capitalisation will be deemed to have the lower positive CROCI Economic Price Earnings Ratio for the purpose of selecting the New Index Constituents on the Relevant Selection Date.

  • If such Index Market Disruption Event still exists with respect to such New Index Constituents, discard the respective selected Index Constituent and replace it with the next best ranking Index Component.

  • The Stocks that will become the New Index Constituents are selected from the Subset.


More Definitions of New Index Constituents

New Index Constituents means, the Index Constituents selected on the most recent Index Selection Date, as detailed in “Index Component Selection and Weight Allocation Methodology” above.
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Related to New Index Constituents

  • Hazardous waste constituent means a constituent that caused the hazardous waste to be listed in Subpart D of 35 Ill. Adm. Code 721, or a constituent listed in 35 Ill. Adm. Code 721.124.

  • Index Component means those securities, assets or reference values of which the Index is comprised from time to time.

  • In-stream Waste Concentration or "(IWC)" means the concentration of a discharge in the receiving water after mixing has occurred in the allocated zone of influence.

  • Index A means the index for the year prior to the

  • Cubic foot of gas means the amount of gas required to fill a cubic foot of space when the gas is at an absolute pressure of fourteen and seventy-three hundredths (14.73) pounds per square inch at a temperature of sixty (60) degrees Fahrenheit.

  • Index Linked with respect to an amount at any time, means that the amount is adjusted as at each April 1st commencing April 1, 2015 by:

  • Index B means the index for the year prior to index A.

  • PCBs means polychlorinated biphenyls.

  • Index Level means, in respect of any day and subject to Adjustment Provisions: (a) in respect of an Index(other than a Multiple Exchange Index), the closing level of such Indexat the Valuation Time on such day; and (b) in respect of an Index that is a Multiple Exchange Index, the official closing level of the Index on such day at the Valuation Time as calculated and published by the Index Sponsor each as rounded up to four decimal places (with 0.00005 being rounded up), allas determined by the Calculation Agent.

  • iron ore concentrates means products (whether in pellet or other form) resulting from secondary processing but does not include metallised agglomerates;

  • Limited Indexation Month means any month specified in the relevant Final Terms for which a Limited Indexation Factor is to be calculated;

  • Particulate matter emissions (PM) means the mass of any particulate material from the vehicle exhaust quantified according to the dilution, sampling and measurement methods as specified in this UN GTR.

  • hazardous constituent, special waste," "toxic substance" or other similar term or phrase under any Environmental Laws, or (b) petroleum or any fraction or by-product thereof, asbestos, polychlorinated biphenyls (PCB's), or any radioactive substance.

  • Low-level radioactive waste or “waste” means radioactive material that consists of or contains class A, B, or C radioactive waste as defined by 10 C.F.R. 61.55, as in effect on January 26, 1983, but does not include waste or material that is any of the following:

  • Final Index Level : means the Closing Level of the FTSE 100 Index on the Investment End Date.

  • Silicone-based Multi-purpose Lubricant means any lubricant which is:

  • Pollutants of concern or "POC" means total nitrogen, total phosphorus, and total suspended solids.

  • Maximum contaminant level (MCL) means the maximum permissible level of a contaminant in water which is delivered to any user of a public water system.

  • Limited Index Ratio means (a) in respect of any month or date, as the case may be, prior to the relevant Issue Date, the Index Ratio for that month or date, as the case may be, (b) in respect of any Limited Indexation Date after the relevant Issue Date, the product of the Limited Indexation Factor for that month or date, as the case may be, and the Limited Index Ratio as previously calculated in respect of the month or date, as the case may be, twelve months prior thereto; and (c) in respect of any other month, the Limited Index Ratio as previously calculated in respect of the most recent Limited Indexation Month;

  • Level IV Status exists at any date if, on such date, (i) the Borrower has not qualified for Level I Status, Level II Status or Level III Status and (ii) the Borrower's Xxxxx'x Rating is Baa3 or better or the Borrower's S&P Rating is BBB- or better.

  • Unrefined and unprocessed ore means ore in its natural form prior to any processing, such as grinding, roasting, beneficiating, or refining.

  • Initial Index Level means the closing level of the FTSE 100 on the Start Date.

  • HICP Daily Inflation Reference Index means (A) in relation to the first calendar day of any given month, the HICP Monthly Reference Index of the third month preceding such month, and (B) in relation to a calendar day (D) (other than the first calendar day) in any given month (M), the linear interpolation of the HICP Monthly Reference Index pertaining respectively to the third month preceding such month (M - 3) and the second month preceding such month (M - 2) calculated in accordance with the following formula:

  • Corresponding Component As identified in the Preliminary Statement with respect to any Class of Non-Vertically Retained Principal Balance Certificates or Lower-Tier Regular Interest.

  • CAGR means compound annual growth rate;

  • Species means any group of animals classified as a species or subspecies as commonly accepted by the scientific community.