# BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped (0ZV4)

**Page:** https://fundology.uk/fund/0zv4 · ISIN LU0192223062

## At a glance

> Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.

As of 13/11/2026, 0ZV4 (BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped, ISIN LU0192223062) closed at €5.99 on the London Stock Exchange. Its ongoing charge is 0.40% a year (about £40 on £10,000). Over the five years to 13/11/2026 its total return was −27.6%, or −43.5% after UK CPIH inflation.

## Summary

BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped is an exchange-traded fund (ETF) from BNP Paribas, launched in 2004. It tracks the FTSE EPRA/NAREIT Eurozone Capped Index - EUR. You buy and sell it through a share-dealing account or platform during stock-market hours, like a share. Its ongoing charge is 0.4% a year — about £40 a year on every £10,000 invested, taken from the fund's value rather than billed to you. Income from its investments is paid out to holders as cash, usually a few times a year.

Latest close: **€5.99** (13/11/2026).

## Key facts

| Fact | Value |
|---|---|
| Ticker (LSE) | 0ZV4 |
| ISIN | LU0192223062 |
| Also listed as | IM2A (Xetra, euros) |
| Category | Property & infrastructure |
| Type | ETF |
| Provider | BNP Paribas |
| Tracks | FTSE EPRA/NAREIT Eurozone Capped Index - EUR |
| Income | Distributing |
| Ongoing charge | 0.40% a year (£40 per £10,000) |
| Fund size | £124m |
| Launched | 2004 |
| Domicile | Luxembourg |
| UK reporting fund status | Yes — on HMRC’s list of reporting funds (list of 02/11/2026); reporting fund since 01/01/2016 |

## Past returns (periods to 13/11/2026)

After the fund's ongoing charges. "Income reinvested" is total return; "price only" leaves out income paid out. Real returns are after UK CPIH inflation.

| Window | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 1 year | -14.55% | -17.58% | income reinvested |
| 3 years | +10.54% | -0.13% | income reinvested |
| 5 years | -27.61% | -43.49% | income reinvested |

Returns: as reported (delayed data). Inflation: UK CPIH, latest month published.

## Calendar-year returns

Calendar-year returns of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped in pounds (price only, income paid out not included): 2022 −29.9%, 2023 +7.7%, 2024 −9.6%, 2025 +9.4%; 2026 to 13/11/2026 −15.1%. Returns of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped in pounds (price only, income paid out not included) over the 12 months to 30/09/2026: −17.4%; to 30/09/2025: +0.1%; to 30/09/2024: +22.3%; to 30/09/2023: −5.1%; to 30/09/2022: −35.2%.

| Year | Return | After CPIH inflation | Measured as |
|---|---|---|---|
| 2022 | -29.9% | -35.8% | Price |
| 2023 | +7.7% | +3.4% | Price |
| 2024 | -9.6% | -12.7% | Price |
| 2025 | +9.4% | +5.7% | Price |
| 2026 to 13/11/2026 | -15.1% | -17.8% | Price |

## Risk metrics

| Window | Volatility | Max drawdown |
|---|---|---|
| 1 year | 19.37% | -26.21% |
| 3 years | 17.04% | -26.21% |
| 5 years | 21.59% | -44.70% |

## Largest fall

Volatility of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped in pounds, annualised from weekly returns to 13/11/2026: 19.4% over 1 year, 17.0% over 3 years, 21.6% over 5 years. Largest fall in the price of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped since November 2021, in pounds: −43.5% from 19/11/2021 to 27/10/2023. The lowest 12-month return of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped in pounds (price only, income paid out not included) since January 2021 was −39.8% (12 months to 14/10/2022); the highest was +27.5% (12 months to 18/10/2024). On 13/11/2026 the price of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped was 39.3% below its highest weekly close since November 2021 (19/11/2021), in pounds.

## Charges compared with similar funds

Ongoing charge of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped 0.40% a year. Compared on 14/11/2026, 25 of the 45 other property and infrastructure funds charge more, 9 the same and 11 less (share classes counted once).

## Funds tracking the same index

2 funds track FTSE EPRA/NAREIT Eurozone Capped Index - EUR, this one included and share classes counted once; their ongoing charges range from 0.40% to 0.40% a year (13/11/2026).

| Fund | Ongoing charge | 1 year | 3 years | 5 years |
|---|---|---|---|---|
| BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped (this fund) | 0.40% | -14.6% | +10.5% | -27.6% |
| BNP Paribas Easy FTSE EPRA/NAREIT Eurozone Capped UCITS ETF Capitalisation | 0.40% | — | +10.5% | -27.6% |

Returns are as reported, in pounds, income reinvested unless marked "(price)".

## Charges & eligibility

- Ongoing charges figure (OCF): **0.40%** per year
- Stocks and shares ISA eligible: usually (check with your platform)
- SIPP eligible: usually (check with your provider)
- ISA and SIPP mean the kind of product usually qualifies under HMRC rules. We do not check each platform’s list — each provider decides which funds it offers. Crypto ETNs have not qualified for a stocks and shares ISA since 06/04/2026, and overseas funds that are not UK-recognised UCITS, such as Swiss ETFs, do not usually qualify.

## What it holds

As of 14/09/2026, 0ZV4 holds 38 positions, according to its published holdings. The largest is Vonovia at 9.72% of the fund; the ten largest make up 60.4%.

### Top holdings

Largest positions (as of 14/09/2026), as a percentage of the whole fund:

| # | Holding | Ticker | Weight |
|---|---|---|---|
| 1 | Vonovia | [VNA](https://fundology.uk/stock/VNA) | 9.72% |
| 2 | Unibail Rodamco We Stapled Units | — | 9.11% |
| 3 | Klepierre | [LI](https://fundology.uk/stock/LI) | 8.89% |
| 4 | Aedifica | [AED](https://fundology.uk/stock/AED) | 6.80% |
| 5 | MERLIN Properties SOCIMI | [MRL](https://fundology.uk/stock/MRL) | 6.27% |
| 6 | Warehouses De Pauw | [WDP](https://fundology.uk/stock/WDP) | 4.18% |
| 7 | Gecina | [GFC](https://fundology.uk/stock/GFC) | 3.94% |
| 8 | LEG Immobilien | [LEG](https://fundology.uk/stock/LEG) | 3.90% |
| 9 | Covivio | [COV](https://fundology.uk/stock/COV) | 3.82% |
| 10 | TAG Immobilien | [TEG](https://fundology.uk/stock/TEG) | 3.76% |

## Where it invests

Shares of the whole fund. Bonds, cash and positions without a classification are shown as they come, not guessed.

### By country

Added up from the fund’s published holdings, as of 14/09/2026.

| Country | Weight |
|---|---|
| France | 34.3% |
| Belgium | 20.9% |
| Germany | 20.0% |
| Spain | 9.9% |
| Netherlands | 3.9% |
| Luxembourg | 3.5% |
| Finland | 2.3% |
| Guernsey | 1.3% |
| Other countries | 3.6% |

All 38 holdings: https://fundology.uk/fund/0zv4/holdings

## Questions people ask

**What is the ongoing charge of 0ZV4?**

The ongoing charge of 0ZV4 is 0.40% a year — about £40 a year on every £10,000 invested, taken from the fund’s value rather than billed to you. Platform and dealing fees are charged separately. Ongoing charge of BNP Paribas Easy - FTSE EPRA/NAREIT Eurozone Capped 0.40% a year. Compared on 14/11/2026, 25 of the 45 other property and infrastructure funds charge more, 9 the same and 11 less (share classes counted once).

**What does 0ZV4 track?**

0ZV4 tracks the FTSE EPRA/NAREIT Eurozone Capped Index - EUR.

**Is 0ZV4 accumulating or distributing?**

0ZV4 is distributing: income is paid out to holders as cash, usually a few times a year. It pays out quarterly.

**What is the ISIN of 0ZV4?**

The ISIN of 0ZV4 is LU0192223062. An ISIN identifies one exact share class of a fund; 0ZV4 is its ticker on the London Stock Exchange. The same share class is also listed as IM2A (Xetra, euros).

**What does 0ZV4 hold?**

As of 14/09/2026, 0ZV4 holds 38 positions, according to its published holdings. The largest is Vonovia at 9.72% of the fund; the ten largest make up 60.4%. Its ten largest holdings are Vonovia (9.72%), Unibail Rodamco We Stapled Units (9.11%), Klepierre (8.89%), Aedifica (6.80%), MERLIN Properties SOCIMI (6.27%), Warehouses De Pauw (4.18%), Gecina (3.94%), LEG Immobilien (3.90%), Covivio (3.82%) and TAG Immobilien (3.76%).

**What were 0ZV4’s returns in each of the last five years?**

Calendar-year returns of 0ZV4 in pounds (price only, income paid out not included): 2022 −29.9%, 2023 +7.7%, 2024 −9.6%, 2025 +9.4%; 2026 to 13/11/2026 −15.1%. Past performance is not a guide to future returns.

**How has 0ZV4 done after inflation?**

Over the five years to 13/11/2026 0ZV4’s total return was −27.6%, or −43.5% after UK CPIH inflation. Past performance is not a guide to future returns.

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Capital at risk. Past performance is not a guide to future returns. The value of investments can fall as well as rise.