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BNP PARIBAS ASSET MANAGEMENT - PV Global environment 1440x300

BNP Paribas Funds Global Environment

 

A global equity fund selecting mispriced companies within environmental markets.

Important Notes:

1) The fund seeks to increase the value of its assets over the medium term by investing primarily in Environmental Markets companies.

2) The fund has significant exposure to a single sector and is likely to be subject to a greater concentration risk and higher volatility than a more diversified investment.

3) The fund has significant equity exposure. Risks of equity market may include significant fluctuations in prices, negative information about the issuer or market. Fluctuations are often amplified in the short term.

4) The management company may at its discretion pay dividends out of the capital of the fund. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment. Any distributions involving payment of dividends out of the fund’s capital may result in an immediate reduction of the net asset value per share.

5) The monthly distribution share classes will continue to distribute monthly dividends in periods when the fund has negative return, which will further reduce the net asset value of the fund.

6) Investors should not solely rely on this document to make any investment decision. Please refer to the Hong Kong offering document for further information (including the risk factors) about the fund.

 

Opportunity

Environmental protection is no longer just a priority: it has become imperative.

Environmental protection covers several areas. For example:

  • mitigating climate change
  • optimising energy resources
  • waste management and recycling
  • pollution control
  • water treatment
  • sustainable agriculture

World population growth and the overall increase in living standards make this challenge even more pressing and suggest that industries in the environment sector will enjoy exceptional growth over the long term. The search for cleaner sources of energy and the development of more environmentally efficient technologies are requirements in many areas of industry, such as transport, real estate, electronics, packaging, farming and water. In our view, the companies involved in designing new technologies that boost environmental protection should benefit from significant investment over the next twenty years.

 

Fund Highlights

  • BNP Paribas Global Environment: An international equity fund, investing in companies that are active in the environment sector. These companies also have to comply with the United Nations’ recommendations on social responsibility, environmental responsibility and corporate governance.
  • Employs a flexible investment approach with exposure to thematic opportunities, capturing broadly diversified opportunities without sector or strategy bias.
  • Awarded labels: SRI* and Febelfin**.

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  • Managed by Impax Asset Management: an award-winning global leader with more than 20 years’ experience in environmental markets investing and a partner of BNP Paribas Asset Management***.

 

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  * Source: Label SRI, March 2020. The “Sustainable and Responsible Investment” (SRI) label is a tool for selecting responsible and sustainable investments, created and supported by the French Ministry of Finance. It also aims to ensure that the management of the fund is based on a solid methodology, with a high degree of transparency and quality information. To obtain the SRI label, a fund must meet a set of criteria, divided into six themes. More information is available on www.lelabelisr.fr/.   ** Source: Febelfin, March 2020. Created by the Belgian federation of the financial sector in 2019, the Febelfin label was designed as a standard or quality standard that all funds claiming to be sustainable, socially responsible, or ethical must respect. It aims to become a market standard, at least for Belgium. More information is available on the www.towardssustainability.be/.   *** Source: Impax Asset Management, as of end March 2020.   Parvest Global Environment becomes BNP Paribas Global Environment from 30/08/2019.