BNP Paribas Catalyst Systematic Alpha Index IV

Index Performances as of   ​​​​​​​​​​​​​​​​​​​​​

The charts and tables below show an analysis of the back-tested and historical levels of the BNP Paribas CASA Index IV as of . The BNP Paribas CASA Index IV was launched on . The prior performance shown is simulated.

For more information, please consult our INDX related page.

Bloomberg Ticker

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Calculation Agent

BNP Paribas Financial Markets SNC

Index Sponsor 

BNP Paribas

Index Type

Excess Return1

Currency

USD

Weighting

Daily rebalancing

Index launch date

Index start date

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PERFORMANCE SUMMARY


Source: Bloomberg, BNP Paribas from  to ​​​​​​​. All numbers and figures are annualized (except for year-to-date).

Source: Bloomberg, BNP Paribas from  to ​​​​​​​.

ANNUAL INDEX RETURNS - As of ​​​​​​​​​​​​​​

Source: Bloomberg, BNP Paribas from  to ​​​​​​​. All numbers and figures are annualized (except for current year).

*BNP Paribas CASA Index IV is an “excess return Index” meaning its returns are derived from changes in the level of its components (known as “price return”) and profit or loss gained from rolling from one futures contract to another (known as “roll return”). Unlike total return indices, it does not derive returns based on interest earned on cash or other collateral deposited in connection with the purchase of futures contracts (known as “collateral return”).

HYPOTHETICAL & HISTORICAL EXPOSURE - ​ As of ​

Source: Bloomberg, BNP Paribas from  to ​​​​​​​.

Sources: Bloomberg, BNP Paribas from  to . Past or simulated performance is not indicative of future results. The BNP Paribas CASA Index IV (BNPXCAS4 Index) was launched on 07 May 2026, the BNP Paribas US Equity Futures Index ER (BNPIFUS) was launched on 16 October 2009, the BNP Paribas US Technology Futures Index (BNPIFTUS Index) was launched on 29 July 2016, the BNP Paribas US Small Caps Equity Futures Index ER (BNPIFUSC Index) was launched on 27 July 2010, the BNPP World Barra Multi-Factor Select L/S Excess Return USD Index (MXWBMFER Index) was launched on 24 November 2025, the BNP Paribas Cross Asset Trend Allocator Index (BNPXCTAE Index) was launched on 18 October 2024, the BNP Paribas Daily CDI Carry MM 12x Index (BNPXDCXC Index) was launched on 26 June 2025, the BNP Paribas GALAXY World Excess Return USD Index (BPFXGWUR Index) was launched on 22 January 2016, Performance prior to these dates is the result of hypothetical simulations. 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. The BNP Paribas CASA Index IV levels are shown net of rebalancing fees, replication fees, and annual fees of the BNP Paribas CASA Index IV and the BNP Paribas Index Components and their respective sub-components. Rebalancing fees will vary during different market conditions.All past performance data levels provided in this slide must be considered illustrative only.

RISK WARNINGS FOR HYPOTHETICAL PERFORMANCE DATA

This discussion is not and should not be construed to be investment advice or an offer to sell or purchase or solicitation of an offer to sell or purchase any security or other instrument.
This document describes strategies that may or may not be suitable or appropriate for particular investors and any investor is urged to consult with its investment, tax, accounting and other advisers prior to investing. Neither BNP Paribas nor any of its affiliates make any recommendation as to the suitability of any strategy or index for investment.

Selected Risk Consideration related to the Index:

  • The methodology underlying the Index may not be successful — No assurance can be given that the strategy or objectives of the Index will be achieved.
  • Numerous factors (including, but not limited to, changes in: interest rates, investor expectations, economic results, regulations, liquidity) may affect the components of the Index and the performance of the Index.
  • The Index involves synthetic execution and may not reflect actual market activity.
  • The Index may contain embedded fees, which will reduce performance. Fees are determined based on certain assumptions and may not reflect actual market activity. The amount of fees deducted may vary under different market conditions.
  • The methodology and rules related to the Index is subject to change.
  • The Index has limited historical information and publicly available information on the Index is limited. Additional information available upon request.
  • Volatility control mechanism may limit performance.
  • The Index rebalancing may result in concentration risk and/or cause the Index to be partially or completely un-invested and earn no return
  • The use of leverage will have increased exposure to the index components.
  • The methodologies do not involve the actual execution of any transaction. 
  • The Index involves synthetic execution and may not reflect actual market activity. 
  • The Index Sponsor of the Index may make certain decisions (such as whether to discontinue the respective Index) that may negatively affect the level of the Index.

Selected Risk Considerations related to the Hypothetical Performance:

  • Future performance may be worse than past and hypothetical historical results. Certain levels are simulated and must be considered hypothetical and illustrative only.
  • Actual performance may bear little relation to the hypothetical historical results.
  • 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 of the Index.
  • Hypothetical past performance might not reflect all possible market conditions. The Index may perform differently under other market conditions.
  • Little information is available publicly about the Index. Additional information regarding the methodology and rules related to the Index are available upon request.
  • The presentation of hypothetical historical performance reflects the deduction of fees and charges applicable.

BNPP.CASA.INDEX@US.BNPPARIBAS.COM

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