BNP PARIBAS EASY LOW CARBON 100 EUROPE PAB UCITS ETF - C - EUR Share Price

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 Low Carbon 100 Europe PAB (NTR) index (the Index ) by investing in shares issued by companies included in the Index, respecting the Index's weightings (full replication), or in a sample of shares issued by companies included in the index (optimised replication).When investing in a sample of shares the sub-fund's tracking error may be higher.The Index is composed of European companies selected on the basis of opportunities and risks associated with the climate transition while aiming to comply with the Paris Aligned Benchmark (PAB) targets of reducing carbon intensity by at least 50% relative to the initial investment universe and achieving an additional decarbonisation target of 7% each year. As a result, fossil-fuel activities are excluded from the Index. The type of approach implemented here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the best environmental, social and governance (ESG) practices, while avoiding those that present high levels of risk and do not comply with minimum ESG standards according to the index administrator and its specialized partners). The extra-financial strategy of the Index may comprise methodological limitations such as the risk related to ESG investment or the Index rebalancing. Further information on the index, its composition, calculation, methodology and the rules for periodic monitoring and rebalancing can be found on www.euronext.com. *The tracking error is a risk indicator that measures how closely a fund tracks the performance of its indexA dividend may be distributed.Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.