Description

The primary objective of the BNP PARIBAS EASY EURO STOXX 50 UCITS ETF (referred to as 'the Sub-fund') is to mirror the performance of the EURO STOXX 50 Net Return index, regardless of its fluctuations, whether positive or negative. As an index-tracking fund, it endeavors to maintain the absolute tracking error – the divergence between the Sub-fund's Net Asset Value (NAV) evolution and that of the index – below a threshold of 1%. Should this absolute tracking error exceed the 1% target, it is mandated that it shall not, under any circumstances, surpass 5% of the index's inherent volatility.