Underlying Basket Adjustment for Tracker Certificates on Global Semiconductor & Supply Chain Recovery Basket

Strategic Insights -

The Swiss Stock Exchange has issued a company notice from Bank Vontobel AG regarding the underlying basket adjustment for two tracker certificates on a global semiconductor and supply chain recovery basket. The adjustments will take effect on effective date 17-03-2023, with the changes applying to the CHF and USD-denominated certificates.

Key Takeaways:

  • The underlying basket has been adjusted for the global semiconductor and supply chain recovery basket, affecting 23 members.
  • The adjustments apply to the CHF and USD-denominated tracker certificates, with the effective date set for 17-03-2023.
  • The adjustments include changes to the membership and weightings of the following companies: DSV Panalpina A/S, Analog Devices Inc., Applied Materials Inc., Advanced Micro Devices Inc., and others.
  • The list of affected companies includes major players in the semiconductor and supply chain sectors, such as Intel Corp., NVIDIA Corp., and Taiwan Semiconductor Manufacturing Co.
  • The adjustments are part of the ongoing maintenance of the underlying basket, ensuring that the tracker certificates accurately reflect market developments.

Statistics:

  • The underlying basket consists of 30 members, with 23 affected by the adjustments.
  • A total of 17 companies saw changes in their membership or weightings, while 6 companies retained their existing membership and weightings.
  • The new weightings range from 0.001130 for A.P. Moller Maersk A/S to 0.058009 for Taiwan Semiconductor Manufacturing Co.

Sources:

  • Company notice from Bank Vontobel AG, dated 20.03.2023.