BNP Paribas Easy € High Yield SRI Fossil Free UCITS ETF EUR Inc

So investiert der BNP Paribas Easy € High Yield SRI Fossil Free UCITS ETF EUR Inc: The investment objective of the sub-fund is to replicate the performance of the Bloomberg MSCI Euro High Yield SRI Sustainable Ex Fossil Fuel (NTR) Index (Bloomberg: I35881 Index) (the “Index”), including fluctuations, and to maintain the Tracking Error between the sub-fund and the Index below 1%. The Index General Description The Index is a fixed-rate, high-yield corporate bond index. The objective of the Index is to provide investors with exposure to high yield corporate bonds issued in Euro, which have high standard in terms of ESG values. The Index administrator defines High Yield securities as “Securities that must be rated high yield (Ba1/BB+/BB+ or below) using the middle rating of Moody’s, S&P and Fitch; when a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used”.