BNP P.Easy MSCI Emerging SRI PAB TI Plus EUR

The Product is an index-tracking passively managed fund. The Product seeks to replicate (with a maximum tracking error* of 1%) the performance of the MSCI Emerging SRI S-Series PAB 5% Capped (NTR) index (Bloomberg: M7CXESC index) ("the Index") by investing in the shares issued by companies included in the Index, respecting the Index's weightings (full replication), in a sample of shares issued by companies included in the Index (optimised replication) or in a substitute basket, composed of, inter alia, shares of companies, debt securities or cash (synthetic replication). When investing in a basket of securities called substitute basket, the performance is swapped with the performance of the index, generating counterparty risk. When investing in a sample of shares, the Product's tracking error may be higher. It will invest up to 40% of its assets in Mainland China A shares via the Stock Connect and/or in "China B-Shares".The Index is composed of emerging markets companies selected on the basis of a minimum Environmental, Social and Corporate Governance (ESG) criteria (environmental opportunity, pollution and waste, human capital, corporate governance, etc.) and based on their efforts to reduce their exposure to coal and unconventional fossil fuels. It implements a cap that limits a company's maximum weight within the Index to 5% on each rebalancing date. In addition, the Index aims to comply with the Paris Aligned Benchmark (PAB) targets of reducing greenhouse gas (GHG) intensity by at least 50% relative to the initial investment universe and achieving an additional decarbonisation target of 7% each year. As a result, companies involved in sectors with a potentially high negative ESG impact, those subject to significant violations of the UN Global Compact principles and those involved in severe ESG-related controversies are excluded from the Index. The type of approach used here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No