BNP Paribas offers Conquistador 20 to French investors

The fund is also available in a PEA wrapper (plan d’epargnes en actions) which is a type of personal savings plan linked to share investments. At maturity, the average performance of the five lowest value shares in the basket is pulled up to 20%.

The best five performing shares are fixed at 20%, and the actual average performance of the remaining 10 is used. The pay-off at maturity, which is September 20 2013, is equal to 80% of the basket’s performance, calculated by taking the average of th

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