BNP Paribas Easy Alpha Enhanced USD Corporate Bond

Issuer: BNP Paribas Asset Management

Asset Class: Fixed Income

TER: 35

Trading Currency: USD

Pays Income: False

Listing Date: 04 Nov 2025

Ticker: QUIG

ISIN: LU2993397939

The investment objective is to achieve a combination of income and capital growth by investing in a diversified portfolio of investment-grade corporate bonds denominated in US dollars. The strategy is actively managed and aims to outperform the Bloomberg US Corporate Index over the medium term. This is achieved through a systematic, factor-based approach that seeks to identify undervalued securities and capitalize on market inefficiencies within the corporate bond space. The investment process combines quantitative models with fundamental credit analysis to construct a portfolio that offers an enhanced risk-return profile compared to traditional passive strategies.

The portfolio managers focus on three primary alpha sources: factor rotation, security selection, and disciplined risk management. The factor rotation component dynamically adjusts the portfolio's exposure to various credit factors, such as value, quality, and momentum, based on the prevailing market environment. The security selection process leverages proprietary models to score and rank individual bonds, identifying those with the most attractive characteristics. This active management allows the fund to adapt to changing market conditions, aiming to generate consistent outperformance while managing downside risk. By focusing exclusively on the investment-grade segment of the market, the strategy maintains a high-quality credit profile, making it suitable for investors seeking a core fixed-income holding with the potential for enhanced returns.

The product's structure as an accumulating share class means that any income generated is reinvested back into the portfolio, which can accelerate the power of compounding over the long term. This approach is designed for investors looking for growth rather than a regular income stream. The strategy provides targeted exposure to the US corporate bond market, a key component of the global financial system, offering diversification benefits for a well-rounded portfolio. It is designed for those who believe in active management's potential to add value in the fixed-income markets through a rigorous and systematic investment process.