BNP Paribas Easy S&P 500 Scored And Screened UCITS ETF USD Acc

Investment Objective: The Sub-Fund (the "Fund") seeks to replicate the performance of the S&P 500 Scored and Screened index NTR (Bloomberg: SPXESUN Index) (the "Index") while aiming to minimise the tracking error between the Fund's Net Asset Value and the Index.Investment Policy: The Fund pursues a passively managed (index tracking) strategy.In order to achieve its investment objective, the Fund will generally seek to replicate the Index by holding all of the Index equity securities in a similar proportion to their weighting in the Index (Full Replication as defined in the Prospectus). The Fund may also employ Optimised Replication (as defined in the Prospectus) and select Index equity securities in order to build a representative portfolio that provides a return that is comparable to that of the Index.The Index is a broad-based, net return (calculated with dividends reinvested after the deduction of applicable withholding taxes), float-adjusted market capitalisation weighted index that is designed to measure the performance of securities meeting extra-financial (Environmental, Social and Governance (ESG)) criteria, while maintaining a similar overall industry group weights as the S&P 500 Index. The Index constituents must be part of the S&P 500 index (the "Eligible Universe"). The S&P 500 index is an equity index representative of the 500 leading securities by market capitalization traded in the USA.The Index is rebalanced annually.The Index applies exclusions from the Eligible Universe based on companies' involvement in specific business activities such as, but not limited to, controversial weapons, thermal coal or tobacco, the principles of United Nations' Global Compact or involvement in relevant ESG controversies.In addition, the Index excludes securities from the Eligible Universe ("selectivity" approach) via a best-in-class methodology (a type of ESG selection consisting of giving priority to the best rated companies from an extra-financial angle within thei

Physical replication

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No