New fixed income ETFs from BNP Paribas Easy on Xetra: access to sustainable investment grade corporate bonds denominated in euros and US dollars
New fixed income ETFs from BNP Paribas Easy on Xetra: access to sustainable investment grade corporate bonds denominated in euros and US dollars
Four new exchange-traded funds issued by BNP Paribas Easy have been tradable on Xetra and via Börse Frankfurt.
The BNP Paribas Easy EUR Corp Bond SRI Fossil Free Ultrashort Duration UCITS ETF offers investors the opportunity to invest in a portfolio of euro-denominated corporate bonds with a short remaining maturity. Only fixed-rate bonds with a residual maturity of one month to a maximum of 18 months and floating-rate bonds with a residual maturity of one month to 3 years are taken into account. All bonds must have an investment grade rating and an outstanding volume of €500 billion at the time of intake. The trading currency is Euro.
The BNP Paribas Easy USD Corp Bond SRI Fossil Free UCITS ETF provides investors with access to investment-grade fixed-income corporate bonds denominated in US dollars. The bonds have an outstanding volume of at least US$500 billion and a residual maturity of at least one year. The trading currency is U.S. dollar.
Both funds exclude bonds issued by companies linked to the fossil fuel market. In addition, a best-in-universe approach is used to determine the bonds with the best ESG rating from different sectors. Issuers that violate ESG criteria will be excluded.
The ETFs are available in both distributing and accumulating share classes.
Name | Asset class | ISIN | Ongoing charges | Distribution policy | Reference index |
BNP Paribas Easy EUR Corp Bond SRI Fossil Free Ultrashort Duration UCITS ETF - Acc | Fixed Income ETF | LU2533812058 | 0.12 per cent | accumulating | Bloomberg MSCI Euro Corporate Ultrashort Fixed and Floating Rate SRI Index |
BNP Paribas Easy EUR Corp Bond SRI Fossil Free Ultrashort Duration UCITS ETF - Dist | Fixed Income ETF | LU2533811910 | 0.12 per cent | distributing | Bloomberg MSCI Euro Corporate Ultrashort Fixed and Floating Rate SRI Index |
BNP Paribas Easy USD Corp Bond SRI Fossil Free UCITS ETF - Acc | Fixed Income ETF | LU2616774076 | 0.20 per cent | accumulating | Bloomberg MSCI US Corporate SRI Sustainable ex Fossil Fuel Index |
BNP Paribas Easy USD Corp Bond SRI Fossil Free UCITS ETF - Dist | Fixed Income ETF | LU2616776444 | 0.20 per cent | distributing | Bloomberg MSCI US Corporate SRI Sustainable ex Fossil Fuel Index |
The product offering in Deutsche Börse's XTF segment currently comprises a total of 2,080 ETFs. With this selection and an average monthly trading volume of around €16 billion, Xetra is the leading trading venue for ETFs in Europe.