BNP Paribas Easy EUR Corporate Bond SRI PAB 3-5Y UCITS ETF

BNP Paribas Easy EUR Corporate Bond SRI PAB 3-5Y UCITS ETF is an exchange-traded fund designed to track the performance of the Bloomberg MSCI 3-5Y Euro Corporate SRI Sustainable Select Ex Fossil Fuel PAB index. Its primary function is to provide exposure to euro-denominated investment-grade corporate bonds with remaining maturities of three to five years. The ETF distinguishes itself by focusing on issuers that meet stringent environmental, social, and governance (ESG) criteria, explicitly excluding companies involved in the fossil fuel industry. Employing full physical replication, the fund holds a diversified portfolio of over 480 bonds spanning several sectors and geographies, with significant allocations to French, U.S., Dutch, and German issuers. With an annual total expense ratio of 0.15% and an annual distribution policy, this ETF plays a notable role in offering investors access to responsible fixed income investing, meeting both sustainability objectives and liquidity needs within the European credit market segment. Since its inception in 2019, the fund has grown to over €1.3 billion in assets under management, reflecting broad investor demand for ESG-compliant bond exposure in the eurozone corporate space.