Fact sheet: BNPP Flx Mlt-A

Fund information
Fund name
Parvest Flexible Multi-Asset Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Colin Hartesince 31/07/2015
Fund objective
The aim of the sub-fund is to achieve medium-term capital gains in the Net Asset Value through the implementation of an actively managed asset allocation strategy to different asset categories, regions, markets and styles.
Benchmark
  • EURIBOR 3 Months (IO)
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
-0.3%
1 Year rank in sector
110/150
Sector
FO Mixed Asset - Flexible
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.
1.93%
Fund size
£60m (£63m 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.
73
Top in this sector
Fund name1 Year
HSBC Pfl World Seltn 425.2%
Investec EmrgMktsMA23.7%
Smith & Williamson Mid-OceanWdInv21.8%
Aria Absolut Inc Prtd UCITs21.5%
Northstar Mgd Stg19.8%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • USA53.5%
    UK10.3%
    Others10%
    Germany6.2%
    Netherlands5.2%
  • Fixed Interest41.5%
    Cash & Cash Equivalents24%
    Others16.2%
    Mutual Funds8.7%
    Convertibles4.6%
  • Global Fixed Interest40.6%
    Cash & Cash Equivalents26.9%
    International Equities20.7%
    Others11.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-2.5%-0.1%-0.3%--
Sector0.4%-1%1.9%2.1%8.9%23.7%
Rank within sector122 / 165126 / 166118 / 161110 / 150--
Quartile3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-1.3%---
Sector2.6%-0.1%5%6.8%6.9%
Rank within sector112 / 15089 / 126---
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 high100.36
52 week low92.68
Current bid price-
Current offer price-
Current mid price97.84
Region
1USA53.52%
2UK10.26%
3Others9.97%
4Germany6.17%
5Netherlands5.19%
6Hong Kong4.06%
7Canada3.67%
8China3.58%
9Finland3.58%
Industry sector
1Fixed Interest41.52%
2Cash & Cash Equivalents23.98%
3Others16.22%
4Mutual Funds8.67%
5Convertibles4.59%
6Industrials1.16%
7Financials0.9%
8Consumer Staples0.84%
9Consumer Discretionary0.77%
Asset type
1Global Fixed Interest40.57%
2Cash & Cash Equivalents26.88%
3International Equities20.73%
4Others11.82%
Individual holdings
1PARVEST ENHANCED CASH 6 MONTHS19.08%
2SPDR US TREASURY BOND ETF9%
3LYXOR ETF EUROMTS GLOBAL SI8.88%
4DB X-TR II-IBX USD TRS UCITS8.54%
5FISHER EMRG MKTS EQ - USD6.24%
6PARVEST CONVERTIBLE BOND WORLD X5.3%
7PARVEST EQUITY BEST SEL EUROPE X4.8%
8SPDR BARCL. CAP. EM MKTS LOCAL BD ETF3.98%
9ISHARES MSCI US SMALL CAP3.82%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
The aim of the sub-fund is to achieve medium-term capital gains in the Net Asset Value through the implementation of an actively managed asset allocation strategy to different asset categories, regions, markets and styles.
Benchmark
  • EURIBOR 3 Months (IO)
Investment style
Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
Colin Harte31/07/2015Colin is the Head of the Fixed Income Scenario Team and chairs the Global Government High Alpha / Absolute Return Portfolio Construction Group. He is also responsible for researching currency markets and manager of the Baring Alpha Currency Fund. Colin joined Baring Asset Management as a Senior Investment Manager in 2000 from Norwich Union, where he was Head of International Fixed Income and a member of the Asset Allocation Committee. Previously he was with Gartmore Investment Management. He also worked at Worldinvest as specialist ERISA global bond manager. Colin holds a B.A. and a M.Phil. in Economics from Liverpool University.
Compliance
Transparent for Swiss Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Cyprus, Czech Republic, Spain, Finland, France, United Kingdom, Greece, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Slovakia, Sweden
Parvest Flexible Multi-Asset Classic Cap EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.84
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFM3S
Parvest Flexible Multi-Asset Classic Cap EUR CZK
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2644.48
CurrencyCZK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUNB
Parvest Flexible Multi-Asset Classic Dis EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.85
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFM3R
Parvest Flexible Multi-Asset Classic RH Cap CZK
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.82
CurrencyCZK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE24O
Parvest Flexible Multi-Asset I Cap EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.68
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM3U
Parvest Flexible Multi-Asset I RH Cap GBP
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.2
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFM3T
Parvest Flexible Multi-Asset I RH Cap GBP EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.86
CurrencyEUR
Price updated30/09/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFU2S
Parvest Flexible Multi-Asset N Cap EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.55
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUNC
Parvest Flexible Multi-Asset Privilege Cap EUR
Initial charge3%
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price96.55
Offer price96.55
Mid price-
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFTVG
Parvest Flexible Multi-Asset X Cap EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.86
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU2U
Data provided by

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