BNP Paribas Insticash X $

The Product is actively managed. The benchmark US Federal Funds Effective Rate (IR) is used for performance comparison only. The Product is not benchmark constrained and the deviation of its performance may be limited compared to that of the benchmark. The Product is a short term low volatility net asset value money market fund as defined in the regulation (EU) 2017/1131 of the European Parliament and of the Council of 14 June 2017 on money market funds (the "Regulation"). It seeks to achieve the best possible return in USD in line with prevailing money market rates, over a 1-day period while aiming to preserve capital consistent with such rates and to maintain a high degree of liquidity and diversification, the 1-day period corresponds to the recommended investment horizon of the Product. The Product invests in securities of high credit quality.The Product benefits from a AAAm rating by S&P Global Ratings and Fitch subject to a periodic review.The Product invests within the limits set out in the Regulation in a diversified portfolio of money market instruments, deposits with credit institutions, repurchase agreements and reverse repurchase agreements and units or shares of other short term money market funds denominated in USD.The Product is not a guaranteed product. An investment in the Product differs from an investment in deposits, with the risk that the principal invested is capable of fluctuation. The loss of the principal is to be borne by the shareholders.The Product may also use financial derivative instruments (interest rate swaps) for hedging purpose only provided they are dealt on a regulated market. The impact of these financial derivative instruments will be taken into account for the calculation of the weighted average maturity (interest rate risk) of the Product. These financial derivative instruments will be used in line with the money market investment strategy of the Product.Environmental, social and governance (ESG) criteria contribute to, but ar

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No