BNP P.Easy MSCI Emerging Min TE UCITS ETF

The Product is an index-tracking passively managed fund. The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the MSCI Emerging Select Filtered Min TE (NTR) Index (Bloomberg: MXEMEFMT index) (the Index) by investing in the shares issued by companies included in the Index, respecting the Index's weightings (full replication), or in a sample of securities included in the Index (optimised replication). When investing in a basket of securities called substitute basket the performance is swapped with the performance of the index, generating counterparty risk. When investing in a sample of shares, the Product's tracking error may be higher.It will invest up to 40% of its assets in Mainland China A shares via the Stock Connect and/or in "China B-Shares".The Index is composed of Emerging Markets companies selected on the basis of Environmental, Social and Corporate Governance (ESG) criteria (environmental opportunity, pollution and waste, human capital, corporate governance, etc.) and based on their efforts to reduce their exposure to coal and unconventional fossil fuels, while minimizing the tracking error compared to the parent index the MSCI Emerging Markets Index. As a result, companies involved in sectors with a potentially high negative ESG impact, i.e. that generate more than a certain percentage of their revenue from sectors such as tobacco, oil and gas and thermal coal power generation, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index.In addition, the Index applies an optimization process under the following constraints so as to select securities from the investment universe to consistently achieve the following targets:- An ESG score higher than the ESG score of the parent index and- A GHG intensity lower than the GHG intensity of the Parent Index by at least 20% ("extra-financial indicator improvement approach").The inv

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No