Important Update – BNP Paribas Absolute Return Fixed Income Trust
BNP Paribas Asset Management Australia Limited (“BNPP AM”) is pleased to inform you about an important update in relation to the BNP Paribas Absolute Return Fixed Income Trust (“the Trust”).
We would like to advise that the Trust will not invest in securities that are excluded by BNP Paribas Asset Management’s prevailing Responsible Investment / Sustainability policy. This policy adheres to sector specific ESG standards which have to be met by companies in order for investment by the Trust. These criteria are based on sector best practice and relevant international conventions and regulations. Since March 2018, this policy has included a screen for tobacco related securities.
An updated Product Disclosure Statement will be available on or around 16 November 2018.
Please see attached the full communication from Equity Trustees Limited which covers these changes in more detail.
If you have any questions about the information attached, please contact a member of the BNPP AM Client Services Team on 1800 267 726 or (02) 9619 6041 or at AMAU.ClientService@bnpparibas.com