BNP Paribas has launched the BNP Paribas Shield - a suite of three listed funds. All three funds offer investors a defined redemption price for each share bought. However, the return of each of these funds is linked to the final level of an index: the DJ Eurostoxx, the Nikkei 225 and the FTSE100.
The BNP Paribas European Shield returns a 8.2% gross redemption yield (GRY) over six years (equivalent to 168.25p). The BNP Paribas Japan Shield returns a 9% GRY over six years (equivalent to 175.75p