EVOU
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Equity
BNP PARIBAS EASY ESG LOW VOL US UCITS ETF - C
TER (bps):
32
AUM (USD m):
12
ISIN:
LU1377381980
Domicile:
Luxembourg
Share Class Currency:
EUR
ESG:
No
Geographical Focus:
United States
As of:
06 Nov 2024
Climate Fund:
No
Benchmark
The BNP Paribas Low Vol US ESG Index is composed of shares of US companies whose historical volatility is low, 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). The extra-financial strategy of the Index, carried out at each step of the investment process, may comprise methodological limitations such as the risk related to ESG investment or the Index rebalancing.