BNP Paribas Asset Management (BNPP AM) announced today the launch of three new fixed income exchange traded funds, doubling its range of ETFs tracking ESG and SRI fixed income indices.

The new ETFs include the BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF, the BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF, and the BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5 Year UCITS ETF.

BNP Paribas Easy EUR High Yield SRI Fossil Free UCITS ETF seeks to replicate the performance of the Bloomberg-Barclays MSCI Euro Corp SRI Sustainable ex Fossil Fuel Index, a fixed-rate, investment grade corporate bond benchmark that includes issuers with MSCI ESG Ratings of BBB or higher and negatively screens issuers that are involved in business activities such as controversial weapons, as well as excluding issuers with any fossil fuel ties.

BNP Paribas Easy JPM ESG EMBI Global Diversified Composite UCITS ETF tracks the JPM ESG EMBI Global Diversified Composite index, which invests in emerging market sovereign and quasi-sovereign bonds issued in US dollars, applying an ESG scoring and screening methodology to tilt toward issuers ranked higher on ESG criteria and green bond issues.

BNP Paribas Easy JPM ESG EMU Government Bond IG 3-5 Year UCITS ETF tracks the J.P. Morgan ESG EMU Government Bond IG 3- 5 Year (TR) Index, which invests in Eurozone government bonds denominated in euros, with maturities of 3 to 5 years, and also applies a scoring and screening methodology to tilt toward issuers ranked higher on ESG criteria.

Isabelle Bourcier, Head of Quantitative & Index Management at BNP Paribas Asset Management, said:

“These fund launches are part of a dual approach of developing our ESG offering and our fixed income index range.  We are maintaining the momentum within our responsible offering, in line with the expectations of our institutional and retail clients.”

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