BNP Paribas Easy ESG Eurozone Biodiversity Leaders PAB Track I

The fund is an index-tracking passively managed fund that seeks to replicate the performance of the Euronext ESG Eurozone Biodiversity Leaders PAB (NTR) Index with a maximum tracking error of 1%.

The fund invests in shares issued by Eurozone large and mid-cap companies selected based on their impact on biodiversity, ESG criteria, and efforts to reduce exposure to coal and unconventional fossil fuels. The Index implements a cap that limits a company’s maximum weight to 10% and aims to comply with Paris Aligned Benchmark targets.

Investors should be aware of the tracking error risk associated with the fund, as well as the limitations related to ESG investment and Index rebalancing. Incomes are systematically reinvested, and investors have the option to redeem on a daily basis.

https://www.bnpparibas-am.com/de-at/fundsheet/aktien/bnp-paribas-easy-esg-eurozone-biodiversity-leaders-pab-track-i-c-lu2446381126/