Fact sheet: BNPP EsJPMEMBIGlDC

Fund information
Fund name
BNPP Easy JPM EMBI Global Diversified Composite Track Classic Cap USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund manager
  • Charles Lewandowskisince 01/11/2012
Fund objective
The objective of the "PARWORLD Track Emerging Markets Bond" sub-fund (denominated in USD) is to replicate the performance of the JPM EMBI Global Diversified Composite (TR)* index, including fluctuations, and to maintain the tracking error between the net asset value of the sub-fund and that of the index below 1%. Investors of the IH EUR category are informed that the tracking error will be higher for this share category because of the hedging.
Benchmark
  • JPM EMBI Global Diversified (RI)
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Fixed Interest
Quick stats
1 Year return
5.8%
1 Year rank in sector
91/218
Sector
FO Fixed Int - Emerging Markets
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.
0.86%
Fund size
£126m
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.
80
Top in this sector
Fund name1 Year
UBS (L)BdSIC-Brazil$40.5%
Pictet Lat Am Lcl Cur Dt33.9%
Rubrics Ind Fxd Inc UCITS32.2%
Pioneer SICV-Emg Mkt Bd29%
Schroder ISF EmgMktBd28.3%
...more in FO Fixed Int - Emerging Markets

Performance snapshot

Holdings snapshot

  • Others71.9%
    Mexico5.3%
    Russia4.2%
    Indonesia4%
    Turkey4%
  • Medium dated bonds40%
    Long dated bonds31.3%
    Short dated bonds27.7%
    Very short dated bonds1.1%
  • Global Fixed Interest71.9%
    Mexican Fixed Interest5.3%
    Russian Fixed Interest4.2%
    Indonesian Fixed Interest4%
    Middle East & African Fixed Interest4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.2%-5.1%0.8%5.8%14.6%25.1%
Sector-4.2%-3.4%2.8%6%-0.2%6.2%
Rank within sector116 / 227150 / 225151 / 22391 / 21838 / 16832 / 100
Quartile3rd3rd3rd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.3%-0.5%6.9%-6%15.7%
Sector8.4%-7.3%-0.6%-7%14.7%
Rank within sector120 / 22053 / 20321 / 17352 / 12762 / 101
Quartile3rd2nd1st2nd3rd
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.
5.14
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.
0.69
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.
0.38
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%.
5.29
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.
2.94
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.
1.71
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.
0.87
Price movement
52 week high133.55
52 week low114.6
Current bid price-
Current offer price-
Current mid price125.57
Region
1Others71.87%
2Mexico5.34%
3Russia4.2%
4Indonesia4.03%
5Turkey3.95%
6Philippines3.84%
7Brazil3.56%
8Peru3.21%
Industry sector
1Medium dated bonds39.98%
2Long dated bonds31.25%
3Short dated bonds27.69%
4Very short dated bonds1.09%
Asset type
1Global Fixed Interest71.87%
2Mexican Fixed Interest5.34%
3Russian Fixed Interest4.2%
4Indonesian Fixed Interest4.03%
5Middle East & African Fixed Interest3.95%
6Philippine Fixed Interest3.84%
7Brazilian Fixed Interest3.56%
8Peruvian Fixed Interest3.21%
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 objective of the "PARWORLD Track Emerging Markets Bond" sub-fund (denominated in USD) is to replicate the performance of the JPM EMBI Global Diversified Composite (TR)* index, including fluctuations, and to maintain the tracking error between the net asset value of the sub-fund and that of the index below 1%. Investors of the IH EUR category are informed that the tracking error will be higher for this share category because of the hedging.
Benchmark
  • JPM EMBI Global Diversified (RI)
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Fixed Interest
Fund manager
NameSinceBiography
Charles Lewandowski01/11/2012Charles Lewandowski has been Index portfolio manager at THEAM since October 2012. Created in 2011, THEAM is the partner of BNP Paribas Investment Partners specialised in Protected, Indexed and Model driven management. He began his career at LOUIS DREYFUS-Treasury & Finance trading as Forex Trader. In 2007, he joined BNP Paribas Investment Partners as Forex Portfolio Manager in 2007. He holds a Master’s Degree in Science from Université Paris Dauphine and a Master’s Degree in Finance & Trading from Ecole Supérieure Libre des Sciences Commerciales Appliquées, ESLSCA.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Finland, France, United Kingdom, Luxembourg, Netherlands, Offshore, Sweden, United States
BNPP Easy JPM EMBI Global Diversified Composite Track Classic Cap USD
Initial charge3%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price125.57
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAAID
BNPP Easy JPM EMBI Global Diversified Composite Track Classic Cap USD EUR
Initial charge3%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.86%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price118.37
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0HAY
BNPP Easy JPM EMBI Global Diversified Composite Track I Cap USD
Initial charge-
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price126680.87
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAAIE
BNPP Easy JPM EMBI Global Diversified Composite Track IH Cap EUR
Initial charge-
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.21%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price114549.38
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0HAZ
BNPP Easy JPM EMBI Global Diversified Composite Track Privilege Cap USD
Initial charge3%
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.17
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2GL
BNPP Easy JPM EMBI Global Diversified Composite Track Privilege H Cap EUR
Initial charge3%
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.26%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.81
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUPR
BNPP Easy JPM EMBI Global Diversified Composite Track X Cap USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119718.42
CurrencyUSD
Price updated23/02/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6B8
BNPP Easy JPM EMBI Global Diversified Composite Track X Cap USD EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108597.99
CurrencyEUR
Price updated23/02/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeABYJ
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.