Fact sheet: BNP Paribas FlexIUSMrtg

Fund information
Fund name
BNP Paribas Flexi I US Mortgage Classic USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • John Careysince 14/05/2014
Fund objective
The investment objective of the Sub-Fund is to attain as high a level of total return as may be consistent with the preservation of capital.
Benchmark
  • Barclays US MBS (RI)
Investment style
Capital Protection Targeted
Investment method
Fixed Interest
Quick stats
1 Year return
1.5%
1 Year rank in sector
4/4
Sector
FO Fixed Int - USD Securitised
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.26%
Fund size
£1,095m (£593m last year)
Top in this sector
Fund name1 Year
Fidelity US Loan4.7%
GAM Star MBS Ttl Rtn3.9%
Manulife US Treas Infln Ptd Sec1.7%
BNP Paribas FlexIUSMrtg1.5%
Allianz ShDrGblREBd-
...more in FO Fixed Int - USD Securitised

Performance snapshot

Holdings snapshot

  • USA100%
  • Long Dated Bonds66.4%
    Others12%
    Government Agency Bonds9.3%
    Cash & Cash Equivalents8%
    Asset/Mortgage-Backed Securities4.4%
  • US Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-2.1%-1%1.5%12.2%-
Sector-0.9%-0.5%0.7%2.3%6.4%13%
Rank within sector5 / 63 / 54 / 54 / 41 / 2-
Quartile4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.5%1.7%8.3%--
Sector3%-1.8%5.3%-2.5%8%
Rank within sector4 / 42 / 41 / 2--
Quartile4th2nd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.53
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
0.73
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.16
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
2.57
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
1.92
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
1.05
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.51
Price movement
52 week high1742.97
52 week low1667.77
Current bid price-
Current offer price-
Current mid price1698.5
Region
1USA100%
Industry sector
1Long Dated Bonds66.42%
2Others11.97%
3Government Agency Bonds9.25%
4Cash & Cash Equivalents8%
5Asset/Mortgage-Backed Securities4.36%
Asset type
1US Fixed Interest100%
Individual holdings
No data available.
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
The investment objective of the Sub-Fund is to attain as high a level of total return as may be consistent with the preservation of capital.
Benchmark
  • Barclays US MBS (RI)
Investment style
Capital Protection Targeted
Investment method
Fixed Interest
Fund managers
NameSinceBiography
John Carey14/05/2014John Carey manages Pioneer Funds - U.S. Pioneer Fund. He is also the Portfolio Manager of the Pioneer Fund, Pioneer's oldest mutual fund, Pioneer Fund VCT Portfolio, Pioneer Equity Income Fund, Pioneer Equity Income VCT Portfolio, First Poland America Fund and Pioneer America Fund Plc. He joined Pioneer investments in 1979 and throughout his career with the company has analysed many industries, including publishing, media and autos. His previous experience includes consulting and venture capital. John is a graduate of Harvard and Columbia Universities and holds a PhD. He is a published historian. Assistant Portfolio Manager, Walter Hunnewell, as well as the other members of our equity research department support him.
Compliance
Transparent for Austrian Tax, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Singapore
BNP Paribas Flexi I US Mortgage Classic Cap HKD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.04
CurrencyHKD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEABN
BNP Paribas Flexi I US Mortgage Classic Dis USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.66
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7FD
BNP Paribas Flexi I US Mortgage Classic H CHF
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.13
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKMT
BNP Paribas Flexi I US Mortgage Classic H Cap AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.26
CurrencyAUD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEABP
BNP Paribas Flexi I US Mortgage Classic H Cap SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.5
CurrencySGD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEABO
BNP Paribas Flexi I US Mortgage Classic H EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)-
Bid price1257.92
Offer price1257.92
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE0BO
BNP Paribas Flexi I US Mortgage Classic H MD AUD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.83
CurrencyAUD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEABM
BNP Paribas Flexi I US Mortgage Classic H MD CNH
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.86
CurrencyCNH
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEABS
BNP Paribas Flexi I US Mortgage Classic H MD SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.88
CurrencySGD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEABR
BNP Paribas Flexi I US Mortgage Classic MD HKD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.8
CurrencyHKD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEABQ
BNP Paribas Flexi I US Mortgage Classic MD USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.41
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEABL
BNP Paribas Flexi I US Mortgage Classic USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1698.5
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKEOP
BNP Paribas Flexi I US Mortgage I Dis USD
Initial charge-
Annual charge0.3%
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.12
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE7QC
BNP Paribas Flexi I US Mortgage I H CHF
Initial charge-
Annual charge-
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.9
CurrencyCHF
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC02L
BNP Paribas Flexi I US Mortgage I H EUR
Initial charge-
Annual charge0.3%
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price100.5
Offer price100.5
Mid price-
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0MU
BNP Paribas Flexi I US Mortgage I H GBP
Initial charge-
Annual charge0.3%
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price102.06
Offer price102.06
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE4GH
BNP Paribas Flexi I US Mortgage I Plus Dis USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.96
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC1VQ
BNP Paribas Flexi I US Mortgage I USD
Initial charge-
Annual charge0.3%
Min single investment£3,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.5%
Total expense ratio (TER)-
Bid price103.57
Offer price103.57
Mid price-
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMKEX
BNP Paribas Flexi I US Mortgage Privilege Dis USD
Initial charge3%
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.18
CurrencyUSD
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE7FE
BNP Paribas Flexi I US Mortgage Privilege H CHF
Initial charge3%
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.26
CurrencyCHF
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKMS
BNP Paribas Flexi I US Mortgage Privilege H EUR
Initial charge3%
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.07
CurrencyEUR
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKMR
BNP Paribas Flexi I US Mortgage Privilege H GBP
Initial charge3%
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.32
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA9W
BNP Paribas Flexi I US Mortgage Privilege USD
Initial charge3%
Annual charge0.45%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.62
CurrencyUSD
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKMU
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.