Hi, I am considering the Aviva Irl Protected Growth Fund - the information is on the Aviva website, but I cannot post a link to it (dont have 15 posts apparently). Does anyone here have any views in relation to this fund, the pros and cons etc?
Towards the end it says "BNP Paribas SA provides the protection on the growth component. In the event that BNP Paribas SA is unable to meet their liabilities to Aviva Life & Pensions Ireland Limited, Aviva Life & Pensions Ireland Limited is not responsible for making up any shortfall and the ‘Protected Price Promise’ will not apply."
So it all seems predicated on BNP Paribas, is that a "safe bet" in so far as anything can be?
Thanks
Towards the end it says "BNP Paribas SA provides the protection on the growth component. In the event that BNP Paribas SA is unable to meet their liabilities to Aviva Life & Pensions Ireland Limited, Aviva Life & Pensions Ireland Limited is not responsible for making up any shortfall and the ‘Protected Price Promise’ will not apply."
So it all seems predicated on BNP Paribas, is that a "safe bet" in so far as anything can be?
Thanks