BNP Paribas Asset Management (‘BNPP AM’) announces the launch of BNP Paribas Euro Multi Factor Equity, a Eurozone equity quantitative stockpicking strategy. Launched on September, Euro Multi Factor Equity expands the range of multi factor funds managed by BNPP AM's quantitative equity management teams within its Multi Asset, Quantititative & Solutions (MAQS) investment division.
Following the success of its global, US and European multi factor equity strategies, BNPP AM has continued to develop its multi factor offering for investors through the addition of a Eurozone equity strategy and now has one of the largest multi factor fund ranges available, six of which obtained the French ISR label in April 2019. With ESG (Environmental, Social and Governance) criteria integrated into its stock selection process, Euro Multi Factor Equity also aims to achieve the same certification.
Stock selection is based on a multi factor approach, incorporating momentum, quality, valuation and low volatility. It uses a quantitative approach to analyse fundamental indicators and market data to identify those securities with the best return prospects, while controlling a set of risk criteria.
Laurent Lagarde, Head of Quantitative Equity Management at BNP Paribas Asset Management, comments: “This launch strengthens our multi factor fund offering and enables us to offer a broad range of multi factor funds, all with the SRI label, to investors seeking returns.”
Gregory Taieb, Head of Quantitative Investments at BNPP AM, adds: “The addition of Euro Multi Factor Equity means that we are now able to offer investors a full range of multi-factor funds that incorporate ESG criteria, meeting the growing demand in this area of the market.”
|Key characteristics of BNP Paribas Euro Multi Factor Equity|
|I shares: LU1920355549
Privilege shares: LU1920355382
Classic shares: LU1920355036
|Legal structure||Sub-fund of the BNP Paribas Funds, a SICAV registered in Luxembourg in accordance with Directive 2009/65/CE|
|Management company||BNP Paribas Asset Management Luxembourg|
|Delegated management company||BNP Paribas Asset Management France|
|Benchmark||MSCI EMU index|
|Launch date||18 September 2019|
|Ongoing charges||Institutional shares: 0.61%
Privilege shares: 0.83%
Classic shares: 1.48%
|Maximum subscription fees||I shares: None
Privilege shares: 3% (max)
Classic shares: 3% (max)
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Investments made in the funds are subject to market fluctuations and the risks inherent in investments in transferable securities. The value of investments and the income they generate may go down as well as up and investors may not get back the full amount invested. The Fund describes a risk of capital loss. For a more complete definition and description of risks, please refer to the prospectus and KIID of the fund. Before subscribing, investors should read the most recent version of the prospectus and KIID available free of charge on our website, here: http://www.bnpparibas-am.com/.
This material is issued and has been prepared by BNP PARIBAS ASSET MANAGEMENT UK Limited, authorised and regulated by the Financial Conduct Authority. Registered in England No: 02474627, registered office: 5 Aldermanbury Square, London, England, EC2V 7BP, United Kingdom. It contains opinions and statistical data that are considered lawful and correct on the day of their publication according to the economic and financial environment at the time. This document is produced for information purposes only and does not constitute investment advice or form part of an offer or invitation to subscribe for or to purchase any financial instrument(s) nor shall it or any part of it form the basis of any contract or commitment whatsoever.
Whilst BNP Paribas Funds Euro Multi Factor Equity described herein has been established as a SICAV under Luxembourg law, the Fund has not been registered in the UK. Therefore the promotion of this Fund and the distribution of this document in the UK are accordingly restricted by law.
This document is provided without knowledge of an investors’ situation. Prior to any subscription, investors should verify in which countries the financial instruments referred to in this document refers are registered and authorised for public sale. In particular financial instruments cannot be offered or sold publicly in the United States. Investors considering subscriptions should read carefully the most recent prospectus and Key Investor Information Document (KIID) agreed by the regulatory authority, available on the website. Investors are invited to consult the most recent financial reports, which are also available on the website. Investors should consult their own legal and tax advisors prior to investing. Given the economic and market risks, there can be no assurance that the financial instrument(s) will achieve its investment objectives. Their value can decrease as well as increase. In particular, changes in currency exchange rates may affect the value of an investment. Performance that is shown net of management fees and is calculated using global returns with time factored in, with net dividends and reinvested interest, and does not include subscription-redemption fees, exchange rate fees or tax. Any gross of fees performance included in this material do not reflect the deduction of commission, fees and other expenses incurred. Returns will be reduced after the deduction of such fees. Past performance is not a guarantee of future results.
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All information referred to in the present document is available on www.bnpparibas-am.com.
As at September 2019.