Two BNP Paribas Asset Management thematic ETFs adopt ESG indices
BNP Paribas Asset Management (‘BNPP AM’) confirms its commitment to responsible investment through the adoption of ESG[1] indices on global infrastructure and European small cap ETFs.
The changes, which take effect from 20 April 2020, relate to two ETFs[2] listed on Euronext Paris and Xetra:
- BNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF
- BNP Paribas Easy MSCI Europe Small Caps SRI[3] S-Series 5% Capped UCITS ETF
BNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF is the first infrastructure ETF to incorporate ESG criteria, tracking the performance of a global basket of 100 listed companies with the highest ESG ratings in the infrastructure sector. These companies, each with a market capitalisation of more than EUR 500 million, are selected on the basis of financial and extra-financial criteria and are categorised into one of six themes: communication, energy, transport, waste management, water and social infrastructure.
BNP Paribas Easy MSCI Europe Small Caps SRI S-Series 5% Capped UCITS ETF is the first small cap ETF to adopt an ESG approach, tracking the performance of approximately 200 small caps selected according to MSCI's SRI methodology.
|
ETF |
ISIN Code |
Distribution Policy |
Annual Ongoing Charge* |
Currency |
SRRI* |
|
BNP Paribas Easy ECPI Global ESG Infrastructure UCITS ETF |
LU1291109293 |
Capitalisation |
0.60% |
EUR |
5 |
|
BNP Paribas Easy MSCI Europe Small Caps SRI S Series 5% Capped UCITS ETF |
LU1291101555 |
Capitalisation |
0.25% |
EUR |
5 |
|
* Source: BNP Paribas Asset Management, as at 20 April 2020 Synthetic Risk and Reward Indicator (on a scale of 1 (lower risk) to 7 (higher risk)); the higher the risk, the longer the recommended investment horizon Management Company: BNP Paribas Asset Management Luxembourg |
|||||
Isabelle Bourcier, BNPP AM's Head of Quantitative and Index Management, comments: “BNPP AM continues to improve its fund range in terms of sustainable investment and confirms its leading position as ESG ETF provider in Europe. We pioneered the launch of responsible ETFs, particularly with the launch of the first low carbon ETFs as early as 2008, on the circular economy in 2019 and on responsible listed real estate in 2019. Our clients increasingly want to integrate a responsible approach into their savings, which is how we are adapting our range. This ambition is fully in line with our Global Sustainability Strategy.”
The BNP Paribas Easy ETF range is also the first range of ETFs to have obtained the French government’s SRI label for several of its funds.
BNP Paribas Easy is a Luxembourg SICAV that complies with Directive 2009/65/EC. Investments made in the funds are subject to market fluctuations and the risks inherent in investments in transferable securities. The value of investments and the income they generate may go down as well as up and investors may not get back the full amount invested. The funds described present a risk of capital loss. For a more complete definition and description of risks, please refer to the prospectus and KIID of the fund available free of charge on our website: www.easy.bnpparibas.fr. Past performance is not an indication of future performance.
Footnotes
BNP PARIBAS ASSET MANAGEMENT UK Limited, “the investment company”, is authorised and regulated by the Financial Conduct Authority. Registered in England No: 02474627, registered office: 5 Aldermanbury Square, London, England, EC2V 7BP, United Kingdom.
This material is produced for information purposes only and does not constitute:
- an offer to buy nor a solicitation to sell, nor shall it form the basis of or be relied upon in connection with any contract or commitment whatsoever or
- investment advice.
This material is issued and has been prepared by the investment company. It contains opinions and statistical data that are considered lawful and correct on the day of their publication according to the economic and financial environment at the time. This document does not constitute investment advice or form part of an offer or invitation to subscribe for or to purchase any financial instrument(s) nor shall it or any part of it form the basis of any contract or commitment whatsoever.
Whilst the BNP Paribas Easy ECPI Global ESG Infrastructure Equity UCITS ETF and BNP Paribas Easy MSCI Europe Small Caps SRI S-Series 5% Capped UCITS ETF described herein have been established as UCITS (in accordance with the UCITS Directive) in Luxembourg, the Funds have not been registered in the UK. Therefore the promotion of these Fund and the distribution of this document in the UK are accordingly restricted by law.
This document is provided without knowledge of an investors’ situation. Prior to any subscription, investors should verify in which countries the financial instruments referred to in this document refers are registered and authorised for public sale. In particular financial instruments cannot be offered or sold publicly in the United States. Investors considering subscriptions should read carefully the most recent prospectus and Key Investor Information Document (KIID) agreed by the regulatory authority, available on the website. Investors are invited to consult the most recent financial reports, which are also available on the website. Investors should consult their own legal and tax advisors prior to investing. Given the economic and market risks, there can be no assurance that the financial instrument(s) will achieve its investment objectives. Their value can decrease as well as increase. In particular, changes in currency exchange rates may affect the value of an investment. Performance that is shown net of management fees and is calculated using global returns with time factored in, with net dividends and reinvested interest, and does not include subscription-redemption fees, exchange rate fees or tax. Any gross of fees performance included in this material do not reflect the deduction of commission, fees and other expenses incurred. Returns will be reduced after the deduction of such fees. Past performance is not a guarantee of future results.
This document is directed only at person(s) who have professional experience in matters relating to investments ("relevant persons"). Any investment or investment activity to which this document relates is available only to and will be engaged in only with Professional Clients as defined in the rules of the Financial Conduct Authority. Any person who is not a relevant person should not act or rely on this document or any of its contents.
All information referred to in the present document is available at bnpparibas-am.com.
As at April 2020.
About BNP Paribas Asset Management
BNP Paribas Asset Management (‘BNPP AM’) is the investment arm of BNP Paribas, a leading banking group in Europe with international reach. BNPP AM aims to generate long-term sustainable returns for its clients, based on a sustainability-driven approach. BNPP AM’s investment capabilities are focused around five key strategies: High Conviction Strategies, Private Assets, Multi-Asset and Systematic & Quantitative Investments (SQI), Emerging Markets and Liquidity Solutions, with investment processes incorporating quantitative and fundamental analysis.
Sustainability is core to BNPP AM’s strategy and investment philosophy. Among the leaders in thematic investment in Europe1, BNPP AM intends to contribute to the energy transition, environmental sustainability and the promotion of equality and inclusive growth globally. BNPP AM currently manages EUR 526 billion of assets (EUR 641 billion of assets under management and advisory) and benefits from the expertise of more than 500 investment professionals and around 400 client servicing specialists, serving individual, corporate and institutional clients in 68 countries.
Source: BNPP AM, as at 31 March 2023
1 Source: 2nd in Europe for active sustainable thematic strategies, according to BNP Paribas Asset Management analysis based on Morningstar data as at 31/12/2022.
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