BNP P.Easy En. & Metals Enh. Roll UCITS ETF $

The Product is passively managed.The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the BNP Paribas Energy & Metals Enhanced Roll (TR)* index (Bloomberg: BNPIC52T) (the Index ) by investing in a substitute basket, composed of, inter alia, shares of companies, debt securities or cash (synthetic replication). When investing in a basket of securities called substitute basket the performance is swapped with the performance of the index, generating counterparty risk.At least, 75% of the assets will be invested at all times in equities.*The tracking error is a risk indicator that measures how closely a fund tracks the performance of its reference index.Incomes are systematically reinvested.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.

Synthetic replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No