BNPP AM boosts smart beta ETF range

BNPP AM boosts smart beta ETF range

Paris-headquartered BNP Paribas Asset Management (BNPP AM) has enlarged its smart beta offering with the launch of three tracker funds focusing on high dividend shares in the US or Europe and on undervalued US shares.

The ETFs have been listed on Euronext Paris and Xetra, pushing the number of smart beta ETFs in the BNP Paribas Easy range to 14.

The BNP Paribas Easy Equity Dividend US Ucits ETF and BNP Paribas Easy Equity Dividend Europe Ucits ETF replicate the performance of strategy indices developed by BNP Paribas with Solactive AG.

The BNP Paribas Easy Equity Value US Ucits ETF replicates the performance of a strategy index providing exposure to a basket of US shares considered to be undervalued according to fundamental analysis criteria.

Isabelle Bourcier, head of ETF and Index Activity at BNP Paribas Asset Management, said: “The launch of these three new ETFs underlines our desire to continue expanding our range of smart-beta investment solutions and meets genuine client demand for portfolio diversification. The continued development of our smart beta range draws on the recognised expertise of our indexed fund research and management teams, as well as competitive management fees.”

BNP Paribas managed and advised €566bn in assets as of 30 June 2017.