BNP Paribas has launched Stabiliser and Stabiliser Plus, the first in a range of structured OEICs sold under its new Privalto brand.
Targeted specifically at IFAs, the funds follow an absolute return strategy and offer capital protection. At the funds' maturity in six years, investors will benefit from capital protection at 100p per share in addition to a geared participation in the positive performance of BNP's own Millennium 10 Europe Excess Returns index. This index invests in major liquid indices across equities, commodities, real estate and foreign exchange. Allocation is rebalanced monthly to adapt to market conditions and the index can take both long and short positions. Stabiliser, which is available on Cof...
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