BNP Paribas announces two Tie Breaks

Each month, the latest performance of the Eurostoxx is observed and its actual performance locked in, up to a cap of 1%. At maturity, which is either three or five years depending upon which version of the fund the investor chooses, the payout is equal to the sum of these fixed performances. The five worst performing monthly figures are removed from the payout calculation to optimise the return.

The five-year version also incorporates an autocallable feature. The fund will kick out with a 5% retu

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