Important Update – BNP Paribas Environmental Equity Trust
BNP Paribas Asset Management Australia Limited (“BNPP AM”) is pleased to inform you about an important update in relation to the BNP Paribas Environmental Equity Trust (“the Trust”).
We would like to advise that the Trust will not invest in securities classified as being in the tobacco industry by the Global Industry Classification Standard. This is in addition to the current exclusion that the Trust will not invest in companies which have an exposure of greater than 5%, as measured by revenue, in the following sectors: pornography, alcohol, gambling, nuclear power, tobacco and conventional weapons. 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