BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged

BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF EUR Hedged is an exchange-traded fund designed to provide exposure to US dollar-denominated sovereign bonds issued by emerging market governments. Its primary objective is to replicate the performance of the JP Morgan ESG EMBI Global Diversified (EUR Hedged) index, which evaluates and weights countries based not only on their debt levels and credit quality but also according to their environmental, social, and governance (ESG) criteria. This approach distinguishes the fund by integrating ESG assessments into emerging market debt selection, aiming for a more sustainable investment profile. The ETF employs full physical replication, directly holding a wide portfolio of over 500 bonds, contributing to its broad diversification across regions such as the Middle East, Asia, and Latin America. To help manage currency risk for euro-area investors, the fund hedges its US dollar exposure to the euro. The ETF is accumulating, meaning that all interest payments are reinvested rather than distributed. With assets under management of approximately €244 million as of November 2025 and a competitive total expense ratio of 0.26% per annum, this asset represents a specialized fixed income instrument for those seeking both emerging market exposure and adherence to ESG principles in their bond investments.