BNP Paribas launches Shield products

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).

The BNP Paribas UK Shield returns a 7.3% GRY over six years (equivalent to 160.0p). The initial NAV of 100p of the three listed funds is protected unless the index falls by 50% or more during the life at which point the final payout will be equivalent to the movement in the market plus 15p.

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