BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF

BNP Paribas Easy Low Carbon 100 Europe PAB UCITS ETF is an equity exchange-traded fund designed to track the performance of the Low Carbon 100 Europe Paris-Aligned Benchmark (PAB) index. This index is composed of 100 leading European companies selected for their comparatively low carbon emissions and strong environmental, social, and governance (ESG) standards. The ETF adopts a physical replication method by holding shares in all index constituents, ensuring transparent alignment with the index. It is passively managed, with dividends reinvested rather than distributed, reflecting an accumulating policy. With over EUR 475 million in assets under management, the fund offers diversified exposure to large-cap European equities across sectors such as healthcare, finance, consumer goods, and technology, prioritizing sustainability within its investment universe. The ETF serves as a tool for investors seeking to integrate climate and ESG criteria into their European equity portfolios, supporting the transition to a low-carbon economy. Its long-only strategy and unhedged currency approach enable efficient participation in the European equity market while maintaining a clear focus on carbon reduction objectives.