BNP Paribas Funds Climate Change Privilege Capitalisation/  LU0406803147  /

This Product is actively managed. The benchmark MSCI AC World (NR) is used for performance comparison only. The Product is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Product seeks to increase the value of its assets over the medium term by investing in shares issued by global companies with business in activities focused on delivering solutions to address climate change. These activities include, but are not limited to, solutions for lessening the effects of climate change, solutions for tackling direct consequences of climate change and solutions for tackling other challenges arising out of climate change. It may be exposed to Mainland China by investing in China A shares via the Stock Connect. It may be exposed to emerging markets up to 30% of its assets, including exposure to China. The investment team applies also BNP PARIBAS ASSET MANAGEMENT's sustainable Investment Policy, which takes into account Environmental, Social and Governance (ESG) criteria such as but not limited to reduction of emissions of greenhouse gas, respect of human rights, respect of minority shareholders rights, at each step of the investment process of the Product. The Product follows the Sustainable Thematic approach which means that it invests in companies or projects which products, services or operations positively contribute to the environmental and/or social challenges addressed by the theme. The Product seeks to allocate capital to specific themes of the transition towards a more sustainable economy and to benefit from future growth anticipated in these themes. The approach is implemented in order to consistently eliminate at least 20% of the investment universe being companies delivering solutions to climate change prior to applying ESG filters. An extra-financial strategy may comprise methodological limitations such as the ESG Investment Risk as defined by the asset manager.

This Product is actively managed. The benchmark MSCI AC World (NR) is used for performance comparison only. The Product is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Product seeks to increase the value of its assets over the medium term by investing in shares issued by global companies with business in activities focused on delivering solutions to address climate change. These activities include, but are not limited to, solutions for lessening the effects of climate change, solutions for tackling direct consequences of climate change and solutions for tackling other challenges arising out of climate change.