BNP Paribas Resp. Global Multi-Factor Corporate Bond Clas EUR Hdg

The Product is actively managed. The Bloomberg Global Aggregate Corporate (hedged in EUR) RI benchmark is used for the investment universe selection and performance comparison. 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 Investment Grade corporate bonds denominated in various currencies.The Investment Manager will select securities from the Benchmark universe and will built the Product's portfolio on a basis of a systematic approach, combining several factor criteria such as, but not limited to, (i) cash flow generation (quality), (ii) relative valuation compared to peers (value), (iii) medium term performance trend (momentum) and (iv) low indebtedness ("low-risk").Exposure to currencies other than the USD will be less than 5%.The Product does not invest in securities rated below B- on the Standard & Poor's or Fitch rating scale and below B3 on the Moody's rating scale. In the event of a credit downgrade below these minimum ratings, the securities will be sold within six months.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, in the investments of the Product.The quantitative approach is implemented in order to consistently achieve the following targets:- a portfolio's average weighted ESG score higher than that of the investment universe after eliminating at least 25% of the securities with the lowest ESG score and the applicable exclusions, and- a portfolio's carbon footprint at least 50% lower than the carbon footprint of the investment universe.An extra-financial strategy may comprise methodological limitations such as the ESG Investment Risk as defin

PIR compliant

No

PEA compliant

No

PEA-PME compliant

No