BNP Paribas' latest structured product allows investors to lock-in annual growth of 12.1% over a fiv...
BNP Paribas' latest structured product allows investors to lock-in annual growth of 12.1% over a five-year term. Tactical Accumulator 1 is a certificate-based plan linked to the FTSE 100 and designed to capture potential upturn in UK shares after recent falls. The vehicle launched in July under the group's Harewood Solutions structured product arm. If the index is above its initial reading on each annual observation date, investors can redeem a certificate for a lock-in amount. This is 112.01p after one year, based on a 100p investment, rising to 160.05% at the end of the term. If...
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