BNP Paribas AM adds sustainable equity ETFs

BNP Paribas Asset Management has launched two ETFs investing in sustainable Japanese and US equities.

The BNP Paribas Easy Sustainable Japan UCITS ETF and the BNP Paribas Easy Sustainable US UCITS ETF began listing on 03 September on Euronext Paris and will be listed later this month on Deutsche Börse Xetra.

The BNP Paribas Easy Sustainable Japan UCITS ETF is an Article 8 fund looking for a sustainable investment of at least 55% while providing exposure to the Japanese equity market. The Benchmark Index is MSCI Japan Net Total Return Index.

The BNP Paribas Easy Sustainable US UCITS ETF is an Article 8 fund seeking a sustainable investment of at least 45% while providing exposure to the US equity market. The Benchmark Index S&P 500 Net Total Return Index.

Both funds integrate BNPP AM’s ESG approach and integrate PAB exclusions which makes them both eligible to sustainable labels criteria.

Marie-Sophie Pastant, Head of Index & ETF Strategies – Portfolio Management at BNPP AM said, “These two new launches are the natural next step of our Active Beta range. Our aim is to develop a new segment of equity funds aiming to be as close as possible to mainstream benchmarks, with ex ante TE between 1% to 1.5%, while integrating solid ESG features developed by BNPP AM. Those funds will decarbonate by 50% their starting universe.”

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