Corporate Actions and Events Guide for Non-Market Capitalisation Weighted Indices

This document is a guide detailing the treatment of corporate actions and events within non-market capitalisation weighted equity indices. It outlines the purpose of the guide, which is to provide guidance rather than definitive rules for FTSE Russell's actions regarding corporate events. The document defines corporate actions and events, emphasizing that the treatment of these events is determined based on the principles set out by FTSE Russell. It also describes the index calculation method, explaining how non-market capitalisation weighted indices are calculated using a weight adjustment factor to achieve appropriate index weightings. The guide further discusses the treatment of various index events, including stock splits, reverse splits, and scrip issues, detailing how these events affect share prices and index calculations while maintaining market capitalisation neutrality. Regular reviews of the guide are conducted to ensure its relevance and accuracy.