BNP Paribas Asset Management has launched two thematic sustainable funds listed on Euronext Paris and the Deutsche Börse Xetra.
BNPParibas Easy ECPI Global ESG Med Tech replicates the ECPI Global ESG Medical Tech Index, which selects the 50 most active global stocks within sustainable medical technology, including biotechnology, life sciences tools and services, equipment, supplies and healthcare technology. It has an OCF of 0.3% and is categorised as article 8 under SFDR.
BNP Paribas Easy ECPI Global ESG Hydrogen Economy replicates the ECPI Global ESG Hydrogen Economy index designed to offer investors exposure to the 40 most active companies in the sustainable green hydrogen economy. It also has an ongoing charge of 0.3% and is an article 9 fund.
Denis Panel, head of multi-asset, quantitative and solutions, said: “The healthcare and green hydrogen sectors are enjoying strong growth and are themes of the future, enabling us to offer relevant long-term investment solutions. These two launches expand our range of index funds and demonstrate our desire to be a key provider of thematic ESG ETFs.”