BNP P.Easy Low Carbon 100 Europe PAB UCITS ETF D

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 Euronext Low Carbon 100 Europe PAB (NTR) index (Bloomberg: LC1NR index) (the Index ), by investing in 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 sub-fund's tracking error may be higher.The Index is composed of European companies selected according to environmental, social and governance (ESG) criteria and based on the opportunities and risks associated with the climate transition including a minimum proportion of companies aligned with the Taxonomy Regulation, 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 7% each year.The investment team applies also BNP PARIBAS Easy Sustainable Investment Policy as further described in the Prospectus, 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, methodology and the rules for periodic monitoring and rebalancing can be found on www.euronext.com.*The tracking error is a risk indicator that measures how closely a fund tracks the performance of its index.A dividend may be distributed.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectu

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No