BNP Paribas Sust. Enhanced Bond 12M Clas EUR

The Product is actively managed. The composite benchmark 80% €STR Capitalized + 20% Bloomberg Euro Aggregate 1-3 Years (EUR) RI is used for performance comparison only. The Product is not benchmark constrained and its performance may deviate significantly from that of the benchmark.The Product seeks to achieve a performance that is higher than the rate of return of the euro money market over a minimum investment period of 12 months by investing in euro-denominated debt instruments which are chosen given their practices in terms of sustainable development (social responsibility and/or environmental responsibility and/or corporate governance).It is based on active management based on a systematic and disciplined approach to securities selection, combining extra-financial research, financial research and quantitative analysis.Exposure to currencies other than the EUR will be less than 5%.Investment grade structured debts may represent up to 20% of the assets. Contingent convertible bonds may represent up to 10% of the assets. The Product is managed with an interest rate sensitivity, as measured by modified duration, in the range of -1 to 3 years. It may not be invested in equities.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 of the investment process of the Product.The Product's average weighted ESG score is higher than that of the investment universe after eliminating at least 25% of securities with the lowest ESG score and the applicable exclusions. The extra-financial investment universe of the Product is composed of 90% of euro denominated Investment Grade bonds and 10% of high yield bond. An extra-financial strategy may comprise methodological limitations such as the ESG Investment Risk

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No