BNP Paribas Asset Management announces the expansion of its indexed fund range with the launch of three new ETFs linked to sustainable fixed income indices:
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Isabelle Bourcier, BNPP AM’s Head of Quantitative and Index Management
BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF replicates an index that selects the top-rated euro high yield corporate issuers
BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF invests in emerging market sovereign and quasi-sovereign bonds issued in US dollars
BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5 Year UCITS ETF tracks an index of Eurozone government bonds denominated in euros, with maturities of 3 to 5 years
Index constituents are selected on the basis of extra financial criteria, excluding those issuers who fail to comply with the principles of the United Nations Global Compact and, depending on the index, are involved in controversial areas such as civilian firearms, military weapons, tobacco or fossil fuels.
BNPP AM’s range of fixed income ETFs consists of six funds that replicate SRI or ESG indices. With a responsible investment approach at the heart of its strategies, BNPP AM manages EUR 10.1 billion in SRI and ESG index funds, including EUR 2.5 billion in fixed income.
Isabelle Bourcier, Head of Quantitative & Index Management at BNP Paribas Asset Management, comments:
“These fund launches are part of a dual approach of developing our ESG offering and our fixed income index range. We are maintaining the momentum within our responsible offering, in line with the expectations of our institutional and retail clients.”
The new funds are listed on Euronext Paris.
Key characteristics are as follows:
| Fund | Share class | Currency | ISIN code | Replication | Ongoing charge * | SRRI ** |
| BNP Paribas Easy € High Yield SRI Fossil Free UCITS ETF | Capitalisation | EUR | LU2244386053 | Physical | 0.35% | 4 |
| BNP Paribas Easy € High Yield SRI Fossil Free UCITS ETF | Distribution | EUR | LU2244386137 | Physical | 0.35% | 4 |
| BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF | Capitalisation | USD | LU1547515053 | Physical | 0.25% | 4 |
| BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF | Capitalisation | EUR | LU1547515137 | Physical | 0.25% | 4 |
| BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5 Year UCITS ETF | Capitalisation | EUR | LU2244387457 | Physical | 0.15% | 2 |
Custodian: BNP Paribas Asset Management Luxembourg
* Ongoing Charges Figure, source: BNP Paribas Asset Management
** Synthetic Risk and Reward Indicator, based on five-year rolling calculation of volatility; scale of 1 (least risky) to 7 (most volatile)
Source : ETFWorld.co.uk
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