BNP offers DJ hedge fundportfolio-linked product

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BNP Paribas, the French banking group, has been granted an exclusive licence to issue a series of structured products linked to the Dow Jones Hedge Fund Balanced Portfolio Index (DJHFBPI).

BNP has already launched a euro MTN linked to the index, aimed at the institutional investment market. The product, dubbed ‘Silverstone’, will offer leveraged (400%) exposure to the index. It is available in sterling, dollar, euro, Swedish krona or Norwegian krone, and has a minimum investment of £50,000.

Paul

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