BNP Paribas Easy S&P 500 UCITS ETF USD C (ESAP.DE) XETRA
30.79
+0.109(+0.36%)
Currency In USD
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BNP Paribas Easy S&P 500 UCITS ETF USD C
Address
1 Boulevard Haussmann
Paris La Défense, 75009
France
Phone
33-1-5897-2525
Sector
Financial Services
Industry
Asset Management - Global
Employees
N/A
First IPO Date
December 02, 2019
Key Executives
N/ADescription
The objective of the S&P 500 THEAM EASY UCITS ETF Subfund (the “Subfund”) is to replicate the performance of the S&P 500 index, regardless of its trends. As the Subfund is indexed, it seeks to maintain the tracking error in absolute terms between the growth of the Subfund’s net asset value and that of the index at a level below 1%. If this tracking error exceeds 1%, it must not, in any event, exceed 5% of the index's volatility.