BNP Paribas Easy S&P 500 UCITS ETF USD C (ESAP.DE) XETRA

30.79

+0.109(+0.36%)

Updated at June 02 05:35PM

Currency In USD

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/A

Description

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.