Disclaimer

Last modified November 25, 2020

1. Definitions
BMR” means Regulation (EU) 2016/2011 of the European Parliament and the Council of June 8, 2016 on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds, as amended or supplemented from time to time.
 
LuxSE” means Luxembourg Stock Exchange.
 
Index” means Solactive LGX Green Bond Impact.

Solactive” means Solactive AG. 
2. Description of the Index
The Index is composed of a selection of green bonds matching the following conditions: 
  1. The selected green bonds are listed on the financial markets operated by LuxSE;
  2. The selected green bonds are displayed on Luxembourg Green Exchange (LGX); and
  3. In LuxSE’s reasonable opinion, the selected green bonds are sufficiently liquid. 

Subject to the provisions of point 3 above, the role of the LGX team is to assist Solactive to ensure that, to their respective reasonable knowledge, all selected green bonds are aligned with best market practices, which include an external review and a post-issuance report.

3. BMR
Solactive assumes the role of the Administrator, as defined in Article 3 (1) (6) of the BMR for the Index as well as all responsibilities arising out of such role under BMR.

The financial data that may be provided by LuxSE to Solactive from time to time shall not be considered as “Input Data” under Article 3 (1) (14) of the BMR and, as a consequence, LuxSE shall not be considered as “Contributor” as defined in Article 3 (1) (9) of the BMR. LuxSE is not registered as a Benchmark Administrator in accordance with Article 3 (6) of the BMR.
4. Specific provisions applicable to the Index
The Index as well as the related information are made available for general information purposes.

Solactive is the owner of the Index. Products promoted herein that are based on the Index are not sponsored, endorsed, promoted or sold by Solactive in any way and Solactive makes no express or implied representation, guarantee or assurance with regard to (a) the advisability in investing in the products, (b) the quality, accuracy and/ or completeness of the Index; and/ or (c) the results obtained or to be obtained by any person or entity from the use of the Index. Solactive reserves the right to change the methods of calculation or publication with respect to the Index. Solactive shall not be liable for any damages suffered or incurred as a result of the use (or inability to use) of the Index. 

LuxSE disclaims any and all warranties and representations, express or implied, including any warranties of merchantability or fitness for a particular purpose or use as to Index or the results obtained by the use of the Index. LuxSE does not accept and disclaims any liability or responsibility related to the Index accuracy, quality, completeness, reliability, necessity and/ or relevance. LuxSE does not accept any liability or responsibility for any action taken or refrained on the basis of or according to the Index.

The Index cannot be disseminated, displayed, sold or distributed, in any manner, in whole or in part, freely or against payment, without the prior written consent of Solactive. 

The Index is not tailored for every specific investors’ situations and may therefore not be suitable for you. The Index is not and shall not be a substitute for your own researches, investigations, verifications, checks or consultation for professional or investment advice. You are using the Index at your own risk. The future performance of a financial instrument and/ or the Index cannot be deduced from their previous market value. Good performance in the past does not guarantee good performance in the future. Therefore, LuxSE cannot give any warranty that any capital invested on the basis of the Index will remain at the same level or will increase.

The provision or display of the Index and LuxSE’s assistance to Solactive do not constitute and are not construed as any advice, solicitation, offer, endorsement, commitment or recommendation on behalf of LuxSE to invest in any financial instrument. It does not represent or constitute any warranty or representation from LuxSE in connection with the good standing, profitability, suitability or reliability of any financial instrument.

LuxSE cannot represent or warrant that the Index will be updated, displayed or made available in real time.