Description
The MAC Global Solar Energy Index (SUNIDX) is a rules-based stock index that seeks to track the performance of companies in global solar energy businesses. The universe of companies that may be considered eligible for potential index inclusion is based on scanning company description and segment data for relevant search terms as described in Eligibility Criteria. The search terms are maintained by S&P DJI and are intended to identify those companies that place a degree of importance on solar business activities. The Index applies exclusions based on a company’s involvement in specific business activities and includes minimum requirements for the S&P Global Governance and Economic Scores as outlined under Eligibility Criteria. The Index is a modified float-adjusted market-capitalization-weighted Index subject to Solar Exposure Scores and other constraints as detailed in the Index methodology.
The methodology is administered and calculated by S&P DJI Netherlands B.V. (a subsidiary of S&P Dow Jones Indices LLC).
Documents
The custom indices published in the “Client Information” section are proprietary to the client. S&P Dow Jones Indices LLC (SPDJI) is the “Benchmark Administrator” (as defined in the International Organization of Securities Commission Principles for Financial Benchmarks of July 2013 and ESMA/EBA Principles for Benchmark Setting Processes of June 6, 2013) for such indices.
