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The BNP Paribas Easy Energy & Metals Enhanced Roll ETF has an enhanced-beta strategy with monthly-optimized allocation to 12 Commodities curves.

Asset class

Commodities

Style

Carry

Fund Objective:

The BNP Paribas Easy Energy & Metals Enhanced Roll UCITS ETF aims to replicate the performance of the BNP Paribas Energy & Metals Enhanced Roll TR Index (BNPIC52T Index) and to maintain the Tracking Error between the sub-fund and the index below 1%. The index offers investors a long, static exposure to the commodity market (ex-Agriculture and Livestock).

Key Points:

  • Diversified allocation to the Commodities universe of the Bloomberg Commodity ex-Agriculture and Livestock Capped Index, with weights rebalanced to those of this benchmark index once a month.
  • Optimal investment on the forward curve thanks to the S&P GSCI® Dynamic Roll methodology, which aims at reducing the carry costs associated with long commodity exposure (i.e. minimising the carry cost when the curve is in contango, while benefitting from the positive carry when the curve is in backwardation).

Performance data and latest documents

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Investments in the aforementioned strategies are subject to market fluctuation and risks inherent in investing in securities. The value of investments and the revenue they generate can increase or decrease and it is possible that investors will not recover their initial investment. Source: BNP Paribas Asset Management Holding, registered with the Paris Registry of Commerce and Companies under number 682 001 904 as a Limited Company with share capital of 23 041 936 euros. Registered office: 1 Boulevard Haussmann, 75009 Paris. Postal address: TSA 47000/75318 PARIS CEDEX 09