BNP P.Easy ECPI Global ESG Blue Ec. UCITS ETF

The Product is passively managed. The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the ECPI Global ESG Blue Economy (NR) Index (Bloomberg: GALPHBEN 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 equities included in the Index (optimised replication). When investing in a sample of equities, the Fund's tracking error may be higher. The Index is composed of companies that are best placed to seize the opportunities offered by the sustainable use of ocean resources (coastal protection, eco-tourism, recycling, human capital, corporate governance, etc.), with a positive Environmental, Social and Governance (ESG) rating. As a result, companies 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. The type of approach implemented here is thematic (the Index is composed of companies that provide products and services proving concrete solutions to specific environmental and/or social challenges, seeking to benefit from future growth anticipated in these areas while contributing capital to the transition towards a low-carbon, inclusive economy). The investment team applies also BNP PARIBAS ASSET MANAGEMENT's Sustainable Investment Policy, which takes into account environmental, Social and Governance (ESG) criteria such as but not limited to reduction of emissions of greenhouse gas, respect of human rights, respect of minority shareholders rights, at each step of the investment process of the Product.The extra-financial strategy of the Index may comprise methodological limitations such as the risk related to ESG investment or the Index rebalancing. Further information on the Index, its composition, calculation and rules for monitoring and periodic rebalanci

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No