BNP Paribas Asset Management (‘BNPP AM’) announces the expansion of its indexed fund range with the launch of three new ETFs[1] linked to sustainable fixed income indices:
- 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[2] or ESG[3] 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[4].
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 Class Curr ISIN Replication OCF* SRRI**
BNP Paribas Easy
€ High Yield SRI
Fossil Free
UCITS ETF Cap EUR LU2244386053 Physical 0.35% 4
BNP Paribas Easy
€ High Yield SRI
Fossil Free
UCITS ETF Dist EUR LU2244386137 Physical 0.35% 4
BNP Paribas Easy
JPM ESG EMBI
Global Diversified
Composite
UCITS ETF Cap USD LU1547515053 Physical 0.25% 4
BNP Paribas Easy
JPM ESG EMBI
Global Diversified
Composite
UCITS ETF Cap EUR LU1547515137 Physical 0.25% 4
BNP Paribas Easy
JPM ESG EMU
Government Bond
IG 3-5 Year
UCITS ETF Cap 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)
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