BNP Paribas Easy FTSE EPRA/NAREIT Eurozone Capped
IM2A.DE
Deutsche Börse- -
EUR
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 60 Avenue John F. Kennedy Luxembourg Luxembourg L-1855
- IPO Date
- Feb 2, 2009
- Website
- bnpparibas-am.com
- Similar Companies
- Business
- BNP Paribas Easy FTSE EPRA/NAREIT Eurozone Capped UCITS ETF QD Dis (IM2A.DE) is an exchange-traded fund that tracks the performance of the FTSE EPRA/NAREIT Eurozone Capped index, providing investors with exposure to a diversified basket of listed equity real estate investment trusts (REITs) and property companies in the Eurozone; it employs a physical replication strategy via full holdings of index constituents, offers quarterly dividend distributions, and maintains a total expense ratio of 0.40%. The fund, domiciled in Luxembourg and managed by BNP Paribas Easy (a brand of BNP Paribas Asset Management), focuses on the real estate sector within the Eurozone, targeting mid- and large-cap property equities listed on major European stock exchanges; it serves institutional and retail investors seeking unhedged euro-denominated real estate equity returns with a long-only, market-capitalization-weighted approach. Launched on July 8, 2004, with assets under management of approximately EUR 146-158 million as of late 2025, the ETF trades on venues including Xetra (IM2A.DE), Euronext Paris, and Deutsche Boerse. The fund's primary offerings include direct replication of the benchmark index, which undergoes quarterly reviews and caps individual constituent weights to ensure diversification; it provides intraday liquidity, a current dividend yield of around 5%, and exposure to property sectors such as residential, commercial, and industrial real estate across Eurozone countries including France, Germany, Italy, Spain, and others. Geographically, operations center on Luxembourg as the fund domicile and headquarters for BNP Paribas Easy, with underlying investments confined to Eurozone-listed securities; BNP Paribas Asset Management, the parent entity headquartered in Paris, France, oversees a broad suite of passive index-tracking ETFs including this product. Recent developments include ongoing net outflows of approximately EUR 30 million over the past year amid fluctuating real estate market conditions, reflecting broader sector challenges; BNP Paribas Asset Management has pursued strategic expansions such as the July 2025 acquisition of AXA Investment Managers, bolstering its asset management scale to over EUR 1.5 trillion and enhancing ETF capabilities through integrated expertise. In September 2025, the firm launched the BNP Paribas Easy Bloomberg Europe Defense UCITS ETF, signaling diversification into thematic products, while earlier initiatives like responsible listed real estate ETFs underscore evolving ESG integrations, though this fund remains unsustainability-focused. No specific acquisitions, closures, or major reorganizations directly affect this ETF in the last 1-2 years, maintaining its steady tracking of the benchmark.