BNP Paribas USD Short Duration Bond Clas $

This Product is actively managed. The benchmark ICE BofA US Treasury 1-3 Years (USD) 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 increase the value of its assets over the medium term by investing in government and/or corporate bonds and other debt instruments, structured debt included denominated in USD. The Product is managed with an interest rate sensitivity, as measured by effective duration, in the range of 0 to 4 years. A maximum of 20% of the Product's assets may be invested in sovereign bonds from an emerging country or in corporate bonds whose issuers have their registered office in or conduct the majority of their business in emerging countries. Those bonds may be denominated in any currency. The Product may invest up to 20% of its assets in debt securities traded on the Bond Connect.Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making.Incomes are systematically reinvested.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No