Product snapshot: Diversification gains momentum

BNP Paribas and Momentum created the Momentum Growth Enhancer II , a five-year growth product linked to the French bank's Multi-Asset Diversified vol 8 EUR Global Index, which attracted South African investors with many elements, not least diversification. "It is often said that you can't get exceptional returns by following a cautious investment approach," said Twané Wessels ( pictured ), head of structured solutions at Momentum, "[but] we are challenging this thinking". The underlying invests