BNP Paribas Easy € High Yield SRI Fossil Free Track Privilege EUR Inc

BNP Paribas Easy € High Yield SRI FsslFr is a passively managed fund that mirrors the BMK Index by investing in high-yield debt securities from companies selected based on strict Environmental, Social, and Corporate Governance (ESG) criteria. The fund either fully replicates the index by matching its weightings or uses an optimized approach to hold a representative sample of these securities, aiming to keep tracking error within 1%. It specifically includes companies that demonstrate strong ESG performance, particularly those reducing reliance on coal and unconventional fossil fuels, while excluding those involved in sectors with high negative ESG impacts, significant violations of the UN Global Compact principles, or severe ESG-related controversies. This ensures the portfolio is composed of financially speculative bonds from issuers with exemplary non-financial practices across various industries.