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BNP PARIBAS CROSS ASSET TREND INDEX

The charts and tables below show the levels of the BNP Paribas Cross Asset Trend Index.

The performance shown is hypothetically simulated until July 12th, 2018.

Index Overview & Statistics as of .

Bloomberg ticker BNPICTX
Calculation Agent BNP Paribas Arbitrage SNC
Index Sponsor BNP Paribas
Index Type Excess return(1)
Weighting Daily rebalancing
Index Launch Date July 12th 2018
Global YTD Last 1 Year Last 3 Years Last 5 Years Last 10 Years
Return
Volatility
Sharpe Ratio

Source: Bloomberg, BNP Paribas from 30 December 1994 to .. All numbers and figures are annualized.

Index Performance as of .

Source: Bloomberg, BNP Paribas as of ..

(1) The BNPP Cross Asset Trend Index is an “Excess Return Index” meaning that the Index level reflects the performance of any underlying components that are in excess of 3-month USD LIBOR and inclusive of the value that would be derived from the reinvestment of any dividends and distributions by the issuer of any such components. See the Risks & Consideration page for additional Index disclosures.

COMPOSITION

The charts and tables below show the levels of the BNP Paribas Cross Asset Trend Index.
The performance shown is hypothetically simulated until July 12th, 2018.

Hypothetical & historical exposure as of April 30th 2024.

Equities Rates Commodities Forex Credit
Dec-06 Dec-08 Dec-10 Dec-12 Dec-14 Dec-16 Dec-18 Dec-20
Asset Class Exposure (%) Rates Credit Equities Forex Commodities Net Exposure
As of April 30th 2024 1.07% 49.50% 74.24% -99.95% 35.37% 60.23%

Hypothetical & historical performance contribution per asset class as of April 30th 2024.

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 YTD
Equities Rates Commodities Forex Credit

Past performance is not an indicator of future performance. The BNP Paribas Cross Asset Trend Index is based on Hypothetical Past Performance Data (“HPPD”) prior to July 12th 2018. Because the BNP Paribas Cross Asset Trend Index did not exist prior to this date, all retrospective levels and compositions provided in the graph and table above are simulated and must be considered illustrative only. The presentation of hypothetical data reflects the deduction of fees and charges. These simulations are the result of estimates made by BNP Paribas at a given moment on the basis of the parameters selected by BNP Paribas, certain assumptions that may or may not hold in future periods, of market conditions at this given moment and of historical data, which should not be used as guidance, in any way, of the future results of the BNP Paribas Cross Asset Trend Index.

Risk warnings for hypothetical performance data

  • Future performance of the Index may be worse than hypothetical historical results. All levels are simulated and must be considered hypothetical and illustrative only. The actual performance of the Index may bear little relation to the hypothetical historical results.
  • BNP Paribas makes no recommendation as to the suitability of the Index for investment. You should reach a decision after careful consideration with your advisors.
  • Future performance of the Index may be worse than past and hypothetical historical results.
  • The methodology underlying the Index may not be successful — No assurance can be given that the Index methodology will achieve its goals.
  • Numerous factors (changes in: interest rates, investor expectations, economic results, regulation, liquidity, etc.) may affect the price of the components of the Index.
  • Hypothetical past performance is based on criteria applied retroactively with the benefit of hindsight and knowledge of factors that may have positively affected its performance, and cannot account for all financial risk that may affect the actual performance.
  • The Index has limited historical information and publicly available information on the Index is limited.
  • The presentation of hypothetical historical performance reflects the deduction of fees and charges applicable to the Index.
Wish to know more about the
BNP Paribas Cross Asset Trend Index?
ctxindex@us.bnpparibas.com
 

Important Information

 

The BNP Paribas Cross Asset Trend Index (the “BNPP Cross Asset Trend Index”) is the exclusive property of BNP Paribas or one of its affiliates (BNP Paribas and its affiliates are hereinafter called “BNPP”) and is determined, composed and calculated by BNPP. “BNP”, “BNPP”, “BNP Paribas”, “BNP Paribas Cross Asset Trend Index”, and “BNPP Cross Asset Trend Index” (collectively, the “BNPP Marks”) are trademarks or service marks of BNPP.

In calculating the performance of the BNPP Cross Asset Trend Index, BNPP deducts an annual fee of 0.50% per annum, calculated on a daily basis which reduces the performance of the index in the same way as a cost. In addition, the BNPP Cross Asset Trend Index methodology embeds certain costs which cover among other things, rebalancing and replication costs. Such costs (if any) may vary over time with market conditions.

BNPP may license the BNPP Cross Asset Trend Index to one or more companies (each, a “Company”) for use in a product offered or issued by the Company. The products are not, in whole or in part, sponsored, structured, priced, endorsed, offered, sold, issued or promoted by BNPP or any of its affiliates, or any third party licensor of information to BNPP. BNPP reserves the right to amend or adjust the BNPP Cross Asset Trend Index methodology from time to time and accepts no liability for any such amendment or adjustment. BNPP is not under any obligation to continue the calculation, publication or dissemination of the BNPP Cross Asset Trend Index and accepts no liability for any suspension or interruption in the calculation thereof. Neither BNPP nor any of its affiliates accepts any liability in connection with the publication or use of the level of the BNPP Cross Asset Trend Index at any given time.

BNPP may enter into derivative transactions or issue financial instruments (the “Index Products”) linked to the BNPP Cross Asset Trend Index. The BNPP Cross Asset Trend Index Products are not in any way sponsored, endorsed, sold or promoted by the sponsor of any index component (or part thereof) which may comprise the BNPP Cross Asset Trend Index (the “Underlying Index”) that is not affiliated with BNPP (each such sponsor, an “Underlying Index Sponsor”). The Underlying Index Sponsors make no representation whatsoever, whether express or implied, either as to the results to be obtained from the use of the relevant Underlying Index and/or the levels at which the relevant Underlying Index stands at any particular time on any particular date or otherwise. No Underlying Index Sponsor shall be liable (whether in negligence or otherwise) to any person for any error in the relevant Underlying Index and the relevant Underlying Index Sponsor is under no obligation to advise any person of any error therein. None of the Underlying Index Sponsors makes any representation whatsoever, whether express or implied, as to the advisability of purchasing or investing in, or assuming any risk in connection with, the BNPP Cross Asset Trend Index Products. BNPP shall have no liability to any party for any act or failure to act by any Underlying Index Sponsor in connection with the calculation, adjustment or maintenance of the relevant Underlying Index and have no affiliation with or control over any Underlying Index or the relevant Underlying Index Sponsor or the computation, composition or dissemination of any Underlying Index. Although BNPP will obtain information concerning each Underlying Index from publicly available sources that it believes reliable, it will not independently verify this information. Accordingly, no representation, warranty or undertaking (express or implied) is made and no responsibility is accepted by BNPP as to the accuracy, completeness and timeliness of information concerning any Underlying Index.

BNPP may act in a number of different capacities in relation to the BNPP Cross Asset Trend Index and/or products linked to the BNPP Cross Asset Trend Index, which may include, but not be limited to, acting as hedging counterparty, index sponsor and/or index calculation agent.

© BNP Paribas. All rights reserved.

 

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