BNP Paribas Target Risk Balanced (EUR)

The fee categories Dynamic, Medium-risk, Conservative and Short-term are specified in the List of Fees. Investment instruments included in the Compensation Fee category have no entry fee, but there are higher ongoing costs.

Ongoing charges during the year (Ongoing charges) - The indicator consists of a management fee and other operating costs (for the depositary, auditor, bank fees, etc.). The value of the fund is stated after the administration fees have been charged.

A sustainable investment according to the SFDR regulation means an investment in an economic activity that contributes to:
- environmental goals (Environmental), such as investments measured by, for example, key indicators for resource efficiency regarding the use of energy, energy from renewable sources, raw materials, water and soil, waste production, greenhouse gas emissions, or indicators of its impact on biodiversity and circular economy, or
- to social goals (Social), in particular investment that contributes to solving inequality, or investment supporting social cohesion, social integration and employment relations or investment in human capital or economically or socially disadvantaged communities, provided that these investments significantly do not harm any of the stated objectives and companies in which it is invested,
- comply with governance procedures (Governance), especially regarding proper management structures, relations with employees, remuneration of relevant employees and compliance with tax regulations.

Information on the sustainability of the investment at a general level can be obtained according to the investment company's attitude to investment (SFDR regulation), which during the investment decision either:
- does not consider sustainability (Neutral; article 6) or
- supports sustainability, but is not its main goal (Supplementary; Article 8) or
- sustainability is its main goal (Main Goal; Article 9).

The EU taxonomy is a regulation that currently focuses on environmental aspects. Usually, the view of the EU taxonomy in relation to sustainability is stricter than that of the SFDR regulation. In order for an investment product to be considered sustainable according to the EU taxonomy, it must meet two basic conditions:
- Contribute to at least one of the six goals:
- - Climate change mitigation
- - Transition to a circular economy
- - Pollution prevention and control
- - Adaptation to climate change
- - Protecting and restoring ecosystems and biodiversity
- - Protection and sustainable use of water and marine resources
- Not to cause significant damage in other respects, while at the same time ensuring compliance with basic human rights and labor standards.

Principal Adverse Indicators (PAIs) inform about specific areas in which a given investment is sustainable. Sustainability factors are environmental, social and employment aspects, respect for human rights and the fight against corruption and bribery.