BNP Paribas Easy S&P 500 II

BNP Paribas Easy S&P 500 II is an equity exchange-traded fund designed to replicate the performance of the S&P 500 Index, which comprises the 500 largest publicly traded companies in the United States. Structured as a UCITS-compliant ETF, it provides investors with exposure to a broad cross-section of the U.S. equity market, covering approximately 75% of U.S. corporate equities by market capitalization. The fund offers both accumulating and distributing share classes, with options for trading in euros and U.S. dollars as well as currency-hedged variants. BNP Paribas Easy S&P 500 II leverages a synthetic replication method, using swaps to mirror the index performance without holding all constituents directly. This approach facilitates efficient index tracking while allowing for potential cost advantages. The ETF targets long-term exposure to U.S. equities, serves as a core building block for diversified portfolios, and is widely recognized for its role in providing transparent, liquid, and cost-effective access to the performance of major American companies across sectors such as technology, healthcare, financials, and consumer goods.