Single factor strategy on European Momentum
The BNP Paribas Easy Equity Momentum Europe UCITS ETF aims to replicate the performance of the BNP Paribas Equity Momentum Europe TR Index and to maintain the Tracking Error between the sub-fund and the index below 1%. The Index overweight’s securities that have outperformed recently in their respective sector in order to ride the current market trends.
- Firstly, a strategy based on financial and academic research on the trend following indicators.
- Moreover, a systematic and transparent index that selects companies based on the most relevant indicators for Momentum allocation.
- In addition, a sector approach in order to diversify the generation of potential returns across all sectors.