BNP PARIBAS EASY S&P 500 UCITS ETF

Management objective: The objective of the Sub-fund is to replicate the performance of the S&P 500® Net Total Return index (Bloomberg code: SPTR500N), calculated with dividends reinvested, whether it rises or falls. As the Sub-fund is indexed, it seeks to maintain the tracking error in absolute terms between the growth of the Sub-fund’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. The tracking error is calculated on the basis of the weekly performance observed over the previous 52 weeks. Key characteristics of the Sub-fund: - The Sub-fund’s assets will be made up of financial instruments (shares of French companies from all sectors and/or European companies and bond and/or money market instruments, financial contracts). The Sub-fund uses either the “synthetic” replication methodology or a direct replication of the Index. Other information: - Details of assets traded: financial contracts (swaps). Using financial contracts, the Sub-fund will be synthetically exposed to changes on the US equity market through the index. - Recommended investment horizon of five years. - Classification: “International equities” UCITS - Allocation of distributable income: Accumulation - Frequency of net asset value calculation: calculated daily, provided that the market underlying the Index and the market on which the Sub-fund is listed are open. - Investors may request the redemption of their shares on the primary market before 4.30 p.m. every day on which the net asset value is determined and sell them on the secondary market when stock exchanges are open.