BNP Paribas Asset Management Launches Actively-Managed U.S. Small Cap Equity Mutual Fund

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NEW YORK, Feb. 12, 2018 (GLOBE NEWSWIRE) -- BNP Paribas Asset Management (BNPP AM) is pleased to announce the expansion of their institutional capabilities in the U.S. with the launch of a U.S. Small Cap Equity actively managed mutual fund, shortly following the launch of the Emerging Markets Total Return Fixed Income mutual fund in December 2017.

The BNPP AM U.S. Small Cap Equity Fund seeks long-term capital appreciation by investing in a diversified portfolio of quality companies.  We search out companies that have competitive advantages which we believe will allow them to sustainably grow their earnings, in an attempt to produce attractive long-term risk adjusted returns. The team exploits opportunities by developing differentiated views based on market inefficiencies and in-depth research.

The fund is co-managed by Pamela Woo, Head of US Equities for BNPP AM and Geoffry Dailey, CFA, Senior Portfolio Manager for BNPP AM.  They are part of a dedicated seven-member investment team that averages 16 years of investment experience and has USD $951 million in AUM for US Small Caps (as of 12/31/2017).  The team also manages mid- and large cap US equities with a total of $3 billion AUM (as of 12/31/2017). Total equities AUM for all of BNP Paribas Asset Management is USD $110 billion.

The fund is low-cost and actively managed featuring attractive initial expense ratios of 0.75% for institutional shares; 0.90% for investor shares; and 1.15% for retail shares.

The BNPP AM U.S. Small Cap Equity Fund is now available for investment under the following tickers: Institutional Shares: BNPUX; Investor Shares: BNPVX and Retail Shares: BNPWX.

"Our mutual funds offer a practical and cost-efficient way to assist in building an actively managed diversified portfolio. They feature the benefits of our institutional money managers, while drawing on the best ideas of our fixed income and equity teams across a broad, global investable universe. The result is the potential for attractive risk-adjusted returns in an asset class that is in great market demand," mentioned John Barletta, Head of Wholesale Distribution at 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 CONTACT
BNP Paribas Asset Management

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

Jamie Somohano
+1 212 841 2406
jamie.somohano@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 674 billion in assets as at 30 September 2017, 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: 1.91% for institutional shares; 2.06% for investor shares; 2.31% for retail shares. Fee waivers are contractual and in effect until January 31, 2019.

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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. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. Diversification does not ensure a profit or guarantee against a loss. There is no guarantee the fund will achieve its stated objective.

The BNP Paribas Asset Management (BNPP AM) U.S. Small Cap 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.

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