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BNP Paribas To Market Volatility ETF
BNP Paribas is launching a fund that seeks to protect returns from the harms of contango.
BNP Paribasis launching a fund that seeks to protect returns from the harms of contango,Index Universereports. TheBNP Paribas Enhanced Volatility Fundwill offer long exposure to forward-implied volatility of theS&P 500 Index.
The ETF will invest in futures contracts related to theCBOE Volatility Index. The product will be benchmarked against theBNP Paribas Enhanced Volatility Strategy Index.
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