Fact sheet: BNPP EsMrBxEurLqCr

Fund information
Fund name
BNPP Easy Markit iBoxx EUR Liquid Corporates Track Privilege Cap EUR
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 Euro Corporate Bond" sub-fund (denominated in EUR) is to replicate the performance of the Markit iBoxx EUR Liquid Corporates (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%.
Benchmark
  • iBoxx Euro Liquid Corporates (RI)
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Quick stats
1 Year return
2.6%
1 Year rank in sector
23/41
Sector
FO Fixed Int - EUR Corporate Bond
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.
0.2%
Fund size
£155m
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.
70
Top in this sector
Fund name1 Year
Schroder ISF €Cp Bd4.6%
LO SelTheCredit Bd EUR4.4%
JI High Grade Corporate Bonds CL4%
Morg Stnly Euro Corp Bond3.7%
Vontobel €CorpBdMidYd3.7%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Germany24.3%
    USA23.2%
    UK15.5%
    Others14.3%
    France7.8%
  • Medium dated bonds49.6%
    Short dated bonds41.8%
    Long dated bonds8.5%
    Cash & Cash Equivalents0.1%
  • German Fixed Interest24.3%
    US Fixed Interest23.2%
    UK Fixed Interest15.5%
    Global Fixed Interest14.3%
    French Fixed Interest7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-2.6%-0.2%2.6%--
Sector-1.4%-2.3%0.6%3.2%9.9%28.2%
Rank within sector22 / 4330 / 4228 / 4223 / 41--
Quartile3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.9%-0.8%---
Sector3.7%-1%6.9%2.2%13.3%
Rank within sector27 / 4123 / 41---
Quartile3rd3rd
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 high110.82
52 week low104.48
Current bid price-
Current offer price-
Current mid price107.61
Region
1Germany24.28%
2USA23.23%
3UK15.47%
4Others14.32%
5France7.83%
6Switzerland5.45%
7Netherlands4.89%
8Japan4.53%
Industry sector
1Medium dated bonds49.6%
2Short dated bonds41.8%
3Long dated bonds8.53%
4Cash & Cash Equivalents0.07%
Asset type
1German Fixed Interest24.28%
2US Fixed Interest23.23%
3UK Fixed Interest15.47%
4Global Fixed Interest14.32%
5French Fixed Interest7.83%
6Swiss Fixed Interest5.45%
7Dutch Fixed Interest4.89%
8Japanese Fixed Interest4.53%
Individual holdings
1CREDIT SUISSE LD3.72%
2DEUTSCHE TELEKOM AG3.58%
3VODAFONE GROUP PLC3.57%
4TEVA PHARM FNC3.56%
5VERIZON COMM INC3.56%
6HSBC HOLDINGS PLC3.3%
7CREDIT AGRICOLE SA3.26%
8BRITISH TELECOMMUNICATIONS PLC3.06%
9IBM CORP3.06%
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 Euro Corporate Bond" sub-fund (denominated in EUR) is to replicate the performance of the Markit iBoxx EUR Liquid Corporates (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%.
Benchmark
  • iBoxx Euro Liquid Corporates (RI)
Investment style
Passive/Tracking
Investment method
Physical - Full, 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
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, Denmark, Spain, Finland, France, United Kingdom, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Sweden
BNPP Easy Markit iBoxx EUR Liquid Corporates Classic Cap EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.99
CurrencyEUR
Price updated30/11/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF1VH
BNPP Easy Markit iBoxx EUR Liquid Corporates Track I Cap EUR
Initial charge-
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113575.69
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6D3
BNPP Easy Markit iBoxx EUR Liquid Corporates Track I Cap EUR USD
Initial charge-
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122269.91
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeF1MC
BNPP Easy Markit iBoxx EUR Liquid Corporates Track Privilege Cap EUR
Initial charge3%
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.61
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH2V
BNPP Easy Markit iBoxx EUR Liquid Corporates Track Privilege Cap EUR USD
Initial charge3%
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.85
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFH2X
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.