The fund, which is not capital protected, will offer daily liquidity dealing at the net asset value with no exit fees or bid-offer spreads. Credit risk to teh French bank is mitigated by the posting of G7 AAA-rated bonds as collateral. The fund has two share classes. Class A shares (retail) has an initial charge of 4% and an annual fee of 1.5%, while Class B shares (institutional) has an initial charge of 1% and an annual fee of 0.75%.
BNP Paribas releases first OEIC structured f
The week on Risk.net, July 7-13, 2018Receive this by email