BNP Paribas Easy Dividend Europe UCITS ETF - EUR Stock

The Fund is an index-tracking passively managed fund.The sub-fund seeks to replicate (with a maximum tracking error* of 1%) the performance of the BNP Paribas High Dividend Europe ESG (NTR) index (Bloomberg: BNPIFEDE index) (the Index) by investing in the shares issued by companies included in the Index, respecting the Index's weightings (full 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.The Index is composed of shares of European companies selected on the basis of dividend criteria with the consideration of Environmental, Social and Governance (ESG) characteristics (reduction of carbon emission, human capital, corporate governance etc.).