BNPP Flexi III Signature EUR

The investment objective of this sub-fund is to offer shareholders a return (before commissions and fees) in line with its benchmark index: 80% €str (Euro Short Term Rate)* + 20% ICE BofAML 1-3 Years AAA- A Corporate EX Subordinated Debt Index**(E1XS). The sub-fund is not a Money Market Fund as defined by Regulation 2017/1131. *: with “European Central Bank” as Benchmark Index administrator, Central Bank exempt from registration in the Benchmark Register ** Following Brexit, ICE Benchmark Administration Limited, the Benchmark Index administrator, is no longer registered in the Benchmark Register. Since January 1st, 2021, ICE Benchmark Administration Limited is considered as a “third country” UK administrator vis-à-vis the European Union and no longer appears on the Benchmark Register. The non-EU benchmarks are permitted to be used in the EU until the Regulation 2016/1011’s transition period which has been extended to January 1st 2024.