| Emerging Bond Opportunities, a subfund of the SICAV BNP Paribas Funds, short named as BNP Paribas Class ''Classic Capitalisation'' - ISIN code LU0823389852 This Fund is managed by BNP PARIBAS ASSET MANAGEMENT Luxembourg, part of the BNP Paribas Group. |
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| Objectives and investment policy |
| The Fund is actively managed. The benchmark 50% JPM GBI-EM Global Diversified (RI) + 50% JPM EMBI Global Diversified (RI) is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing in bonds and other debt instruments issued by emerging countries or companies from emerging countries, or operating in these countries, with a solid financial structure and/or potential for earnings growth. The Fund may be invested into debt securities traded on the China Interbank Bond market. The investment team applies also BNP PARIBAS ASSET MANAGEMENT’s sustainable Investment Policy, which takes into account Environmental, Social and Governance (ESG) criteria such as but not limited to reduction of emissions of greenhouse gas, respect of human rights, respect of minority shareholders rights, at each step of the investment process of the Fund. An extra-financial strategy may comprise methodological limitations such as the ESG Investment Risk as defined by the asset manager. Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making. Incomes are systematically reinvested. Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus. |
| Risk and reward profile |
| Lower risk	Higher risk	 Other risks materially relevant to the Fund which are not adequately captured by the indicator are described below: Potentially lower rewards	Potentially higher rewards This risk relates to the ability of an issuer to honour its commitments: downgrades of an issue or issuer rating may lead to a drop in the value of associated bonds. This risk arises from the difficulty of selling an asset at a fair market price and at a desired time due to lack of buyers. Historical data may not be reliable indication for the future.	Some markets are less regulated than most of the The risk category of a Fund is an indicator but not a target or a guarantee	international markets; hence, the services related to custody and liquidation for and may shift over time.	the subfund on such markets could be more risky. The lowest category does not mean a risk-free investment.	such investments are subject to Why is the Fund in this specific category?	additional risks that may be the result of political, economic, social, tax, market The risk category is justified by the investment mainly in Interest Rate	and operational factors specific to the Chinese Market. instruments. The investor's attention is drawn to the fact that an increase in interest rates results in a decrease in the value of investments in bonds and debt instruments and more generally fixed income instruments.	. The higher the risk, the longer the recommended investment horizon. |

Translation (ENDE, 2022-02-18):
| Emerging Bond Opportunities, ein Teilfonds der SICAV BNP Paribas Funds, mit der Kurzbezeichnung BNP Paribas Klasse „Classic Capitalisation“- ISIN-Code LU0823389852 Dieser Fonds wird von BNP PARIBAS ASSET MANAGEMENT Luxembourg verwaltet, einem Unternehmen der BNP Paribas-Gruppe. |
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| Ziele und Anlagepolitik |
| Ziel des Fonds ist die mittelfristige Wertsteigerung seiner VermÃ¶genswerte durch Anlagen in Anleihen und andere Schuldinstrumente, die von SchwellenlÃ¤ndern oder von in SchwellenlÃ¤ndern ansÃ¤ssigen oder tÃ¤tigen Unternehmen ausgegeben werden, die eine solide Finanzstruktur und/oder ein Potenzial fÃ¼r Ertragssteigerungen aufweisen. Der Teilfonds kann in Schuldtitel investieren, die auf dem China Interbank Bond Market gehandelt werden. Er wird aktiv verwaltet und kann daher in Wertpapiere investieren, die nicht im Index 50ÂJPM GBI-EM Global Diversified (Hedged in EUR) RI + 50ÂJPM EMBI Global Diversified (Hedged in EUR) RI enthalten sind. Das Anlageteam wendet zudem die nachhaltige Anlagepolitik von BNP PARIBAS ASSET MANAGEMENT an, die Kriterien aus den Bereichen Umwelt, Soziales und UnternehmensfÃ¼hrung (ESG) bei den Anlagen des Fonds berÃ¼cksichtigt. Die ErtrÃ¤ge werden grundsÃ¤tzlich reinvestiert. Anleger kÃ¶nnen ihre Anteile tÃ¤glich (an Bankarbeitstagen in Luxemburg) zurÃ¼ckgeben, wie im Verkaufsprospekt beschrieben. Diese Anteilsklasse ist bestrebt, die Portfoliorendite von USD bis EUR abzusichern. Die Erträge werden grundsätzlich reinvestiert. Anleger können ihre Anteile täglich (an Bankarbeitstagen in Luxemburg) zurückgeben, wie im Verkaufsprospekt beschrieben. |
| Risiko- und Ertragsprofil |
| Geringeres Risiko	Höheres Risiko	 Weitere Risiken, die für den Fonds materiell relevant sind und durch den Indikator nicht angemessen erfasst werden: Typischerweise geringerer Ertrag	Typischerweise höherer Ertrag - Dieses Risiko bezieht sich auf die Fähigkeit eines Emittenten, seinen Verpflichtungen nachzukommen: Rating-Herabstufungen einer Emission oder eines Emittenten können zu einer Wertminderung der damit verbundenen Anleihen führen.