BNP Paribas USD Money Market Priv Dis $

This Product is actively managed. The benchmark SOFR Secured Overnight Financing rate (USD) RI 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 belongs to the category of money market funds ("MMF") as defined by 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 3-month period while aiming to preserve capital consistent with such rates and to maintain a high degree of liquidity and diversification, the 3-month period corresponds to the recommended investment horizon of the Product. The Product is a standard variable net asset value MMF as defined by the Regulation. It invests within the limits of the Regulation in a diversified portfolio of USD denominated money market instruments, deposits with credit institutions, repurchase agreements and reverse repurchase agreements, units or shares of short term MMF or other standard MMF, and ancillary liquid assets denominated in USD.Financial derivative instruments (e.g. Interest Rate Swaps) are used only for the purpose of hedging the interest rate of the Product. The impact of these financial derivative instruments will be taken into account for the calculation of the Weighted Average Maturity.The Product is not a guaranteed product. There is no currency exposure, other than to the USD.Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making.A dividend may be distributed.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