BNP PARIBAS EASY MSCI EMU ESG FILTERED MIN TE UCITS ETF
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24 Nov 2023
The MSCI EMU ESG Filtered Min TE Index is based on the MSCI EMU Index, its parent index, which captures large and mid cap stocks across Developed Markets in the EMU region. The MSCI EMU ESG Filtered Min TE Index aim to represent the performance of a strategy that is designed to exclude companies based on various ESG and climate change criteria. Further, based on the companies’ ESG Scores, the index also excludes 20% of the number of stocks in the MSCI EMU Index. As a final step, the index also aims to minimize the tracking error relative to the Parent Index through an optimization process.