BNP Paribas Easy Value Europe UCITS ETF (EDEG)

Profile

BNP Paribas Easy Value Europe UCITS ETF is a UCITS-compliant exchange-traded fund domiciled in Luxembourg that seeks to replicate the performance of the BNP Paribas Value Europe Index. This index targets undervalued European companies identified through fundamental value metrics such as EBITDA to Enterprise Value, Forward Sales to EV, Free Cash Flow to Market Capitalization, and Book Value Yield. The fund employs synthetic replication via swaps to achieve exposure to the index while maintaining a maximum tracking error of 1%. It integrates stringent ESG criteria, leveraging data from providers like Bloomberg and MSCI, including exclusions for significant harm activities and corporate social responsibility filters, ensuring improved ESG characteristics relative to the broader investment universe. Focusing on large- and mid-cap stocks across diversified sectors in European markets, the ETF emphasizes high daily trading volume stocks above 10 million EUR and optimizes for value factor exposure under volatility constraints. BNP Paribas Easy Value Europe UCITS ETF distributes dividends annually and supports professional investors with its passive, index-tracking approach.