EMOM
•
Equity
BNP PARIBAS EASY ESG MOMENTUM EUROPE UCITS ETF - C
TER (bps):
31
AUM (USD m):
3
ISIN:
LU1377382012
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
Europe
As of:
10 Apr 2024
Climate Fund:
No
Benchmark
The BNP Paribas Momentum Europe ESG Index is composed of shares of European companies whose financial statements indicate strong Momentum based on fundamental data and an optimization methodology designed to capture the performance generated by the Momentum factor, while taking into account an Environmental, Social and Governance (ESG) criteria (reduction of carbon emission, human capital, corporate governance etc.). Hence, companies involved in disputable activities, subject to significant violations of the principles of the United Nations Global Compact or companies that have been involved in serious controversies related to the ESG are excluded from the index. The type of approach implemented here is Best-in-class (Best-in-class approach identifies leaders in each sector based on the best environmental, social and governance (ESG) practices, while avoiding those that present high levels of risk and do not comply with minimum ESG standards).
PERFORMANCE
