BNPP Easy ESG Momentum Europe UE EUR
LU1377382012
BNPP Easy ESG Momentum Europe UE EUR/ LU1377382012 /
NAV30/09/2024 |
Chg.-1.2091 |
Type of yield |
Investment Focus |
Investment company |
174.5178EUR |
-0.69% |
reinvestment |
Equity
Europe
|
BNP PARIBAS AM (LU) ▶ |
Investment strategy
The Product is an index-tracking passively managed fund. The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the BNP Paribas Momentum Europe ESG (NTR) index (Bloomberg: BNPIFEME index) (the Index) by investing in shares issued by companies included in the index, respecting the Index's weightings (full replication), or by investing in a substitute basket, composed of, inter alia, shares of companies, debt securities or cash (synthetic replication).
When investing in a basket of securities called substitute basket the performance is swapped with the performance of the index, generating counterparty risk. The Index is composed of shares of European companies whose financial statements indicate strong Momentum based on fundamental data and an optimization methodology designed to capture the performance generated by the Momentum factor, while taking into account an Environmental, Social and Governance (ESG) criteria (reduction of carbon emission, human capital, corporate governance etc.). Hence, companies involved in disputable activities, subject to significant violations of the principles of the United Nations Global Compact or companies that have been involved in serious controversies related to the ESG are excluded from the index. The type of approach implemented here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the best environmental, social and governance (ESG) practices, while avoiding those that present high levels of risk and do not comply with minimum ESG standards). The investment team applies also BNP PARIBAS ASSET MANAGEMENT's Sustainable Investment Policy, which takes into account Environmental, Social and Governance (ESG) criteria such as but not limited to reduction of emissions of greenhouse gas, respect of human rights, respect of minority shareholders rights, at each step of the investment process of the Product.
Investment goal
The Product is an index-tracking passively managed fund. The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the BNP Paribas Momentum Europe ESG (NTR) index (Bloomberg: BNPIFEME index) (the Index) by investing in shares issued by companies included in the index, respecting the Index's weightings (full replication), or by investing in a substitute basket, composed of, inter alia, shares of companies, debt securities or cash (synthetic replication).
Master data
Type of yield: |
reinvestment |
Funds Category: |
Equity |
Region: |
Europe |
Branch: |
ETF Stocks |
Benchmark: |
BNP Paribas Momentum Europe ESG (NTR) Index |
Business year start: |
01/01 |
Last Distribution: |
- |
Depository bank: |
BNP PARIBAS, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Czech Republic |
Fund manager: |
Maxime Panel |
Fund volume: |
3.42 mill.
EUR
|
Launch date: |
07/06/2016 |
Investment focus: |
- |
Conditions
Issue surcharge: |
3.00% |
Max. Administration Fee: |
0.18% |
Minimum investment: |
1.00 EUR |
Deposit fees: |
- |
Redemption charge: |
3.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
BNP PARIBAS AM (LU) |
Address: |
10, rue Edward Steichen, 2540, Luxemburg |
Country: |
Luxembourg |
Internet: |
www.bnpparibas-am.com
|
Countries
United Kingdom |
|
18.24% |
Italy |
|
15.15% |
Netherlands |
|
11.46% |
Germany |
|
9.48% |
Switzerland |
|
8.67% |
Denmark |
|
8.62% |
United States of America |
|
6.62% |
France |
|
4.61% |
Portugal |
|
0.17% |
Others |
|
16.98% |
Branches
Industry |
|
27.66% |
Finance |
|
26.81% |
Healthcare |
|
10.83% |
IT |
|
8.41% |
Basic Consumer Goods |
|
7.02% |
Commodities |
|
5.67% |
Consumer goods, cyclical |
|
4.82% |
Telecomunication |
|
2.87% |
Energy |
|
2.44% |
various sectors |
|
1.99% |
Utilities |
|
1.48% |