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BNP Paribas Asset Management Launches Actively-Managed Emerging Markets Equity Fund

BNPQY

NEW YORK, Oct. 01, 2018 (GLOBE NEWSWIRE) -- BNP Paribas Asset Management (BNPP AM) is pleased to announce the launch of a new Emerging Markets Equity mutual fund. This fund joins our suite of recently launched mutual funds including: the Emerging Markets Total Return Fixed Income fund (launched Dec 2017) and the U.S. Small Cap Equity fund (launched Jan 2018).

The BNPP AM Emerging Markets Equity Fund seeks long-term capital appreciation by investing in quality companies at a compelling price over a long-term investment horizon. Relative performance is driven by bottom-up stock selection through systematic management of macro risks. Our focus is on quality resilient business models, coupled with a three-tiered approach to growth investments, resulting in a diversified performance profile. The approach is designed to provide ample downside mitigation with the potential to outperform in most market environments.  

The lead portfolio manager is Quang Nguyen, Head of Global Emerging Market Equities, who has over 19 years of investment experience and manages the fund from BNPP AM’s Boston office. Quang leads a dedicated seven-member investment team who oversee a total of USD $1.2 billion in assets under the same strategy as of June 30, 2018.   

“Our team is very excited to enter into the U.S. mutual fund space with the launch of our Emerging Markets Equity Fund.  This favorable investment opportunity in emerging markets equity, which gained popularity at the beginning of the century, still exists today, but with a risk profile that has been converging with developed markets on several fronts. We believe this new fund provides a viable investment solution for U.S. investors who want to capture this opportunity, with the diligence and care of an experienced team to hand select the highest quality businesses globally,” said Quang Nguyen. 

The BNPP AM Emerging Market Equity Fund is actively-managed and features competitive initial net expense ratios of 0.75% for institutional shares; 0.90% for investor shares; and 1.15% for retail shares.

“These mutual funds are a natural step in the growth of our U.S. capabilities and offer a practical and cost-efficient way to assist investors in building an actively-managed diversified portfolio. All three of our recently launched funds address both institutional and retail investors’ needs while meeting a growing demand for more flexible vehicles which leverage our specific areas of expertise in critical areas such as emerging markets,” said Daniel Klein, CEO of BNP Paribas Asset Management North America.

BNPP AM will be launching additional mutual funds in the coming months.  To learn more about this fund or our forthcoming mutual funds, please visit: http://institutional.bnpparibas-am.com/client/us-clients/ 

PRESS CONTACTS
BNP Paribas Asset Management

Sandrine Romano
+33 (0)1 58 97 74 49
sandrine.romano@bnpparibas.com

Keely Gispan
+1 212 340 5867
keely.gispan@us.bnpparibas.com

About BNP Paribas Asset Management
BNP Paribas Asset Management is the investment management arm of BNP Paribas, one of the world’s major financial institutions. Managing and advising USD 653 billion in assets as at 30 June 2018, BNP Paribas Asset Management offers a comprehensive range of active, passive and quantitative investment solutions covering a broad spectrum of asset classes and regions. With close to 700 investment professionals and 600 client servicing specialists, BNP Paribas Asset Management serves individual, corporate and institutional investors in 73 countries around the world. Since 2002, BNP Paribas Asset Management has been a major player in sustainable and responsible investing. For more information, please visit bnpparibas-am.institutional.com.

Gross expense ratios for the fund are as follows: 1.48% for institutional shares; 1.63% for investor shares; 1.88% for retail shares. Fee waivers are contractual and in effect until January 31, 2019. The fund is now available for investment under the following tickers: Institutional Shares: BNPOX; Investor Shares: BNPPX and Retail Shares: BNPQX.

Diversification does not ensure a profit or guarantee against a loss. There is no guarantee the fund will achieve its stated objective.

To determine if the Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk, and charges and expenses. This and other information can be found in the Fund’s prospectus, which can be obtained by calling 1-844-4-BNPPAM. Please read the prospectus carefully before investing.

There are risks involved with investing, including possible loss of principal. There is no guarantee the fund will achieve its stated objective. In addition to the normal risks associated with investing, international investments may involve risk of capital loss form unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume. Investments in smaller companies typically exhibit higher volatility.

The BNP Paribas Asset Management (BNPP AM) Emerging Markets Equity Fund is distributed by SEI Investments Distribution Co. (SIDCO). The Fund is managed by BNP PARIBAS ASSET MANAGEMENT USA, Inc., an investment adviser under the Investment Advisers Act of 1940, and a subsidiary of the BNP Paribas group. BNPP AM is the global brand name of the BNP Paribas group’s asset management services. SIDCO is not affiliated with BNPP AM.                         

BNP Paribas Asset Management




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