Fact sheet: BNPP CrsAstAbsRtrn

Fund information
Fund name
Parvest Cross Asset Absolute Return Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund manager
  • Christophe Moulinsince 18/12/2015
Fund objective
Increase the value of its assets over the medium term. This absolute return diversified sub-fund targets volatility of approximately 700 basis points measured using the annualized standard deviation of returns. This should be understood to be neither a guarantee that this will be achieved nor a forward-looking statement limiting expected risk.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
0.7%
1 Year rank in sector
75/135
Sector
FO Hedge/Stru Prod - Mixed
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.
1.67%
Fund size
£244m (£210m last year)
Top in this sector
Fund name1 Year
H2O MultiStrategies31.9%
Castellain Value24.1%
Garraway Fn Trds23.7%
GLG Mkt Neutral23.2%
LFIS VisionPremiaOpps16.5%
...more in FO Hedge/Stru Prod - Mixed

Performance snapshot

Holdings snapshot

  • Others89.5%
    Europe12.4%
    Not Specified8.7%
    Japan-0.4%
    International-0.5%
  • No data available.
  • Commodity & Energy8.5%
    Global Fixed Interest3.2%
    Hedge0.2%
    International Equities-1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%-0.2%1.8%0.7%--
Sector0.1%0.7%0.8%1.1%3.8%6.6%
Rank within sector53 / 150104 / 15458 / 14475 / 135--
Quartile2nd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-1%0.2%---
Sector0.9%-0.5%-0.6%5.1%1.4%
Rank within sector128 / 15364 / 126---
Quartile4th3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high100.94
52 week low96.29
Current bid price99.52
Current offer price99.52
Current mid price-
Region
1Others89.45%
2Europe12.43%
3Not Specified8.72%
4Japan-0.37%
5International-0.53%
6Global Emerging Markets-1.75%
7USA-7.95%
Industry sector
No data available.
Asset type
1Commodity & Energy8.52%
2Global Fixed Interest3.2%
3Hedge0.2%
4International Equities-1.37%
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
Increase the value of its assets over the medium term. This absolute return diversified sub-fund targets volatility of approximately 700 basis points measured using the annualized standard deviation of returns. This should be understood to be neither a guarantee that this will be achieved nor a forward-looking statement limiting expected risk.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Christophe Moulin18/12/2015
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, Czech Republic, Germany, Spain, France, United Kingdom, Hungary, Italy, Luxembourg, Offshore, Singapore
Parvest Cross Asset Absolute Return Classic Cap EUR
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price99.52
Offer price99.52
Mid price-
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE3YK
Parvest Cross Asset Absolute Return Classic Cap EUR CHF
Initial charge3%
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price108.01
Offer price108.01
Mid price-
CurrencyCHF
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8GE
Parvest Cross Asset Absolute Return Classic Cap EUR GBP
Initial charge3%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price84.78
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE9BG
Parvest Cross Asset Absolute Return Classic RH Cap USD
Initial charge3%
Annual charge1.68%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price101.42
Offer price101.42
Mid price-
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE87P
Parvest Cross Asset Absolute Return I Cap
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price100.41
Offer price100.41
Mid price-
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE3YI
Parvest Cross Asset Absolute Return I RH Cap USD
Initial charge-
Annual charge1.68%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price102.36
Offer price102.36
Mid price-
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE87Q
Parvest Cross Asset Absolute Return N Cap
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.4%
Total expense ratio (TER)-
Bid price99.18
Offer price99.18
Mid price-
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE3YJ
Parvest Cross Asset Absolute Return Privilege Cap
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price100.14
Offer price100.14
Mid price-
CurrencyEUR
Price updated07/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE3YH
Parvest Cross Asset Absolute Return X Cap
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.34
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE4VQ
Data provided by

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