Fact sheet: BNP Paribas L1 ConBdBtSelEur

Fund information
Fund name
BNP Paribas L1 Convertible Bond Best Selection Europe Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Caroline De Bourleufsince 15/01/2014
Fund objective
To increase asset value in the medium term.
Benchmark
  • THOMSON REUTERS Convertible Europe
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
1.6%
1 Year rank in sector
64/71
Sector
FO Convertible
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.
1.64%
Fund size
£137m (£157m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
68
Top in this sector
Fund name1 Year
Man Convertibles Am18.3%
CQS Global Convertible UCITS12.3%
Swisscanto (LU) Bond COCO12.2%
Franklin Gl Cnvtl Secrts11%
UBS (L)BCnvrtEur€10.8%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Germany24.7%
    France22.6%
    Netherlands11.1%
    UK10.1%
    Italy7.3%
  • Industrials20.5%
    Consumer Discretionary13.9%
    Telecommunications Utilities13.9%
    Others11.1%
    Energy7.8%
  • German Fixed Interest24.7%
    French Fixed Interest22.6%
    Dutch Fixed Interest11.1%
    UK Fixed Interest10.1%
    Italian Fixed Interest7.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%0.1%1.4%1.6%8.3%29.9%
Sector-0.1%1.8%2.5%5.6%6.2%24.6%
Rank within sector66 / 7163 / 7156 / 7164 / 7127 / 6013 / 51
Quartile4th4th4th4th2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.1%-3.3%10.7%3.4%9.3%
Sector1.8%0.7%2.9%2.3%11.7%
Rank within sector64 / 7168 / 702 / 6625 / 6032 / 53
Quartile4th4th1st2nd3rd
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.
1.29
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.
0.96
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
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%.
6.83
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.
4.26
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.
0.26
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.
0.61
Price movement
52 week high81.96
52 week low76.47
Current bid price-
Current offer price-
Current mid price80.78
Region
1Germany24.7%
2France22.57%
3Netherlands11.1%
4UK10.1%
5Italy7.32%
6Others6.49%
7Money Market5.55%
8USA4.06%
9Portugal2.98%
Industry sector
1Industrials20.53%
2Consumer Discretionary13.9%
3Telecommunications Utilities13.9%
4Others11.05%
5Energy7.84%
6Materials7.39%
7Financials5.99%
8Health Care5.74%
9Money Market5.55%
Asset type
1German Fixed Interest24.7%
2French Fixed Interest22.57%
3Dutch Fixed Interest11.1%
4UK Fixed Interest10.1%
5Italian Fixed Interest7.32%
6Global Fixed Interest6.49%
7Money Market5.55%
8US Fixed Interest4.06%
9Portuguese Fixed Interest2.98%
Individual holdings
1AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR1000005.88%
2IAG 17/11/20205.55%
3STEINHOFF FINANCE HOLDING GMBH 1.25% GTD CNV BDS 21/10/23(STEINHOFF)EUR4.83%
4SIEMENS FINANCIERINGSMAAT NV 1.05% BDS 16/08/17 USD2500004.77%
5BNP PARIBAS CASH INVEST P3.95%
6AMORIM CV GALP EN 03/06/20183.12%
7DEUTSCHE WOHNEN 08/09/20213.11%
8TELENOR EAST 0.25% 0919 20/09/20192.94%
9FRESENIUS SE & CO KGAA 0% CNV BDS 24/09/19 EUR1000002.8%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
To increase asset value in the medium term.
Benchmark
  • THOMSON REUTERS Convertible Europe
Investment style
None
Investment method
Convertibles
Fund managers
NameSinceBiography
Caroline De Bourleuf15/01/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gibraltar, Greece, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Singapore, Slovakia, Sweden, Taiwan - Province Of China
BNP Paribas L1 Convertible Bond Best Selection Europe Classic Cap EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price80.78
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTZ85
BNP Paribas L1 Convertible Bond Best Selection Europe Classic Dis EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.64%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price53.79
CurrencyEUR
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeD488
BNP Paribas L1 Convertible Bond Best Selection Europe I Cap EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price13445.88
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeB8W3
BNP Paribas L1 Convertible Bond Best Selection Europe N Cap EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.24%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.25
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMVT
BNP Paribas L1 Convertible Bond Best Selection Europe Privilege Cap EUR
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.71
CurrencyEUR
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF65G
Data provided by

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