BNP Paribas Moné État I

BNP Paribas Moné Etat is an actively managed money market fund designed to track the Euro short-term rate (€STR) by investing in a diverse selection of short-term fixed income instruments. The fund employs a top-down strategy that begins with macroeconomic and market analysis, followed by tactical allocation across various asset types. It carefully selects specific sectors and issuers, and chooses individual securities to maintain an average portfolio maturity of up to six months and an average credit exposure of up to one year. This approach ensures the fund remains responsive to market conditions while aiming to achieve returns in line with the benchmark.