BNP P.Easy MSCI World SRI PAB UCITS ETF

The Product is passively managed.The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the MSCI World SRI Select PAB (NTR) index (Bloomberg: M1CXWSC 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 shares issued by companies included in the Index (optimised replication). When investing in a sample of shares, the Product's tracking error may be higher.The Index is a global equity index with an objective to provide investors with exposure to companies that have their registered offices or conduct the majority of their business activities in global developed countries, and which have high standard in terms of ESG values, while aiming to comply with the Paris Aligned Benchmark (PAB) targets of reducing greenhouse gas (GHG) intensity by at least 50% relative to the initial investment universe and achieving an additional decarbonisation target of at least 7% each year as defined in the framework of the European Benchmark Regulation.The Index initial investment universe (the "Investment Universe") is composed of companies included in the MSCI World Index (the "Parent Index").As a first step, the Index selects companies from the Investment Universe based Environmental, Social and Corporate Governance (ESG) criteria (such as 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.As a result, companies belonging to controversial sectors (such as controversial weapons, gambling, genetically modified organisms, conventional weapons), those involved in sectors with a potentially high negative ESG impact, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index.All MSCI SRI indices use company ratings and resea

Optimized sampling

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No