BNP Paribas Asset Management has launched the first two equities funds in its Active Beta ETF range.
The Easy Sustainable Japan UCITS ETF and Easy Sustainable US UCITS ETF are sub-funds of the BNP Paribas Easy Irish ICAV and began listing on Tuesday on Euronext Paris and will be listed later this month on Deutsche Börse Xetra.
The Active Beta ETF range is a suite combining a traditional indexing approach with an active integration of the firm’s proprietary ESG methodology.
The new ETFs are designed for investors who are seeking a more focused approach to sustainability, one that can be adapted quickly to evolving regulations and label criteria, while keeping a relatively low tracking error.
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.”
