BNP Paribas Easy ESG Equity Momentum Europe
MOED.DE
Deutsche Börse- -
EUR
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- BNP Paribas Easy ESG Equity Momentum Europe UCITS ETF (MOED.DE) is an exchange-traded fund that seeks to replicate the performance of the BNP Paribas Momentum Europe ESG Index, focusing on European companies exhibiting strong momentum based on fundamental data such as 12-month minus 1-month average alpha using 3-year beta and 6-month earnings per share return, while integrating environmental, social, and governance (ESG) criteria including carbon emission reduction, human capital, and corporate governance; the index employs a best-in-class approach, excluding companies involved in disputable activities, significant United Nations Global Compact violations, or serious ESG controversies. The ETF utilizes synthetic replication through unfunded swaps to achieve exposure to the index, maintains a total expense ratio of 0.31% p.a., and distributes dividends annually, with a recent yield of approximately 2.59% based on EUR 3.91 paid over the last 12 months; it holds around 65 positions with key sectors including financials (25%), consumer discretionary (15%), and health care (11%), and top country exposures in Germany (19%), Italy (13%), and Switzerland (12%). Launched on January 31, 2017, as a distributing share class (ISIN LU1481201538), it is domiciled in Luxembourg under BNP Paribas Easy SICAV, managed by BNP Paribas Asset Management Luxembourg with delegation to BNP Paribas Asset Management France, and listed on exchanges including Xetra, Euronext Paris, and SIX Swiss Exchange. A corresponding capitalizing share class (ISIN LU1377382012) launched on June 7, 2016, complements the offering. On November 30, 2021, the ETF underwent a major strategic shift by integrating ESG features into its underlying strategy, transitioning from pure momentum tracking to an ESG-enhanced methodology that applies filtering criteria, scoring, and optimization to ensure superior ESG characteristics relative to the broader investment universe, leveraging data from providers like Moody’s ESG Solutions. The fund targets institutional and professional investors across Europe, with registered countries including Germany, France, Italy, Luxembourg, Switzerland, Denmark, Finland, Norway, Sweden, and Austria, and maintains assets under management of approximately EUR 1-3 million.