BNP Paribas Easy € High Yield SRI Fossil Free Track Classic EUR Acc

The fund is an index-tracking passively managed fund that seeks to replicate the performance of a specific index by investing in debt securities issued by companies included in the index, with a maximum tracking error of 1%.

The fund is exposed to high yield (speculative) securities selected based on Environmental, Social and Corporate Governance (ESG) criteria, with a focus on reducing exposure to coal and unconventional fossil fuels. The approach implemented is Best-in-universe, prioritizing issuers with the best non-financial ratings regardless of sector, while excluding companies with high negative ESG impact or severe ESG-related controversies.

Investors should be aware of the potential tracking error associated with investing in a sample of debt securities, as well as the risks related to ESG investment and index rebalancing. Additionally, there may be limitations and risks associated with the extra-financial strategy of the index.

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