BNP Paribas Asset Management (BNPP AM) has launched thematic index funds focused on medical technology and the sustainable green hydrogen economy, both of which integrate an ESG[1] approach.
The funds are listed on Euronext Paris and the Deutsche Börse Xetra and the firm said these new funds broaden BNPP AM's range of thematic ESG ETFs[2], including low carbon, circular economy, blue economy, green real estate and sustainable infrastructure.
The products are: BNP Paribas Easy ECPI Global ESG Med Tech, which replicates the ECPI Global ESG Medical Tech Index, which selects the 50 most active global stocks within sustainable medical technology, including biotechnology, life sciences tools & services, equipment, supplies and healthcare technology.
The second fund is BNP Paribas Easy ECPI Global ESG Hydrogen Economy, which replicates the ECPI Global ESG Hydrogen Economy index designed to offer investors exposure to the 40 most active companies in the sustainable green hydrogen economy.
Denis Panel, head of multi-asset, quantitative & solutions at BNPP AM, said: "The healthcare and green hydrogen sectors are enjoying strong growth and are themes of the future, enabling us to offer relevant long-term investment solutions. These two launches expand our range of index funds and demonstrate our desire to be a key provider of thematic ESG ETFs.”
