BNP PARIBAS EASY II MSCI Europe PAB UCITS ETF Acc EUR

Investment Objective To seek to provide investors with the performance of the MSCI Europe Climate Paris Aligned PAB Index (the Index), less the fees and expenses of the fund, while aiming to minimise the tracking error in between the fund's Net Asset Value and the Index. Investment Policy The fund is passively managed and will apply a physical replication. The fund will seek to achieve its investment objective by investing in large and mid-capitalisation equity securities listed or traded on European Regulated Markets that as far as possible and practicable consist of the constituent securities of the Index. The fund may also hold warrants, as a result of corporate actions only, and rights which may not be part of the Index. The fund intends to replicate the constituents of the Index by holding all the securities comprising the Index in generally the same proportions as they are held in the Index. The fund's holding proportions may not correspond to the exact holding proportions of the Index at any time. In order to replicate the Index, the fund may invest up to 20% of its net assets in shares issued by the same body. This limit may be raised to 35% for a single issuer in exceptional market conditions (i.e. where an issuer represents an unusually large portion of the market represented by the Index). The fund may continue to hold securities which cease to be constituent securities of the Index until such time it is possible and practicable in the Investment Manager's view to liquidate the position in the best interest of Shareholders. MSCI's website (www.msci.com) contains more detailed information about the MSCI Indexes.The fund promotes environmental characteristics by tracking the Index. The Index is based on the MSCI Europe Index (the "Parent Index") and includes large and mid-capitalisation equity securities across developed markets in Europe. The Index is designed to reduce the exposure to transition and physical climate risks, to pursue opportunities arising

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No