The new smart beta equity index ETF issued by BNP Paribas Easy has been tradable via Xetra and Börse Frankfurt since Thursday…..
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The BNP Paribas Easy iSTOXX MUTB Japan Quality 150 UCITS ETF enables investors to participate in the performance of the iSTOXX MUTB Japan Quality 150 Index. Companies are selected for the index based on a model that assesses them using certain key financials. The 150 Japanese companies selected have high earnings potential, low debt, sustainable cash flow and economic stability. The highest weighting of a single index component is 2 percent.
Name: BNP Paribas Easy iSTOXX MUTB Japan Quality 150 UCITS ETF
Asset class: equity index ETF
Ongoing charges: 0.3 percent
Distribution policy: accumulating
Reference index: iSTOXX MUTB Japan Quality 150 Index