Fact sheet: Parvest Bd € Corp

Fund information
Fund name
Parvest Bond Euro Corporate Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Victoria Whiteheadsince 01/01/2013
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • Barclays Euro Aggregate corporates
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.2%
1 Year rank in sector
37/58
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.
1.12%
Fund size
£2,228m (£2,643m 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.
71
Top in this sector
Fund name1 Year
Capital Group ECorpBdLUX16%
Edmond de Rothschild SgFnBd9.4%
Robeco Fin Instns Bonds9.4%
Union UnInstEurSbrdnBnds8.6%
Schroder ISF €Cp Bd5.5%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Others27.6%
    USA14.9%
    France14.4%
    UK12.7%
    Germany12.1%
  • Banks33%
    Others25.9%
    Non-Cyclical Consumer Goods12.5%
    Cyclical Consumer Goods8.3%
    Telecommunications7.2%
  • Global Fixed Interest27.6%
    US Fixed Interest14.9%
    French Fixed Interest14.4%
    UK Fixed Interest12.7%
    German Fixed Interest12.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%0.3%1.3%2.2%8.4%24.1%
Sector0.4%0.6%1.8%3.5%8%23%
Rank within sector31 / 5935 / 5940 / 5937 / 5821 / 5523 / 46
Quartile3rd3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.6%3.9%-0.5%8.5%2.6%
Sector1%4.7%-1%6.9%2.2%
Rank within sector33 / 5936 / 5718 / 569 / 5220 / 49
Quartile3rd3rd2nd1st2nd
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.
-0.06
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.
1.06
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%.
3.28
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.
0.68
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.
0.14
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.
0.96
Price movement
52 week high187.41
52 week low180.86
Current bid price-
Current offer price-
Current mid price184.66
Region
1Others27.57%
2USA14.85%
3France14.43%
4UK12.71%
5Germany12.11%
6Spain9.16%
7Switzerland6.28%
8Money Market2.89%
Industry sector
1Banks33%
2Others25.91%
3Non-Cyclical Consumer Goods12.48%
4Cyclical Consumer Goods8.34%
5Telecommunications7.23%
6Insurance6.64%
7Transport3.51%
8Cash & Cash Equivalents2.89%
Asset type
1Global Fixed Interest27.57%
2US Fixed Interest14.85%
3French Fixed Interest14.43%
4UK Fixed Interest12.71%
5German Fixed Interest12.11%
6Spanish Fixed Interest9.16%
7Swiss Fixed Interest6.28%
8Money Market2.89%
Individual holdings
1ANHEUSER-BUSCH INBEV SA/NV 1.5% NTS 17/03/25 EUR10001.27%
2JPMORGAN CHASE 0.63 25/11/20231.17%
3PARVEST BD WD HIGH YIELD1.11%
4GOLDMAN SACHS GROUP INC 2% MTN 27/07/23 EUR10001.1%
5SANTAN CONS FIN 0.88 24/01/20220.98%
6DEUTSCHE BANK AG 1.5% MTN 20/01/22 EUR1000000.95%
7HEIDELBERGCEMENT 2.25 30/12/20220.89%
8SPAREBANK 1 SMN 0.5% 17-09/03/2022 0.50 09/03/20220.89%
9VONOVIA FINANCE BV 2.25% BDS 15/12/23 EUR1000000.87%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • Barclays Euro Aggregate corporates
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Victoria Whitehead01/01/2013Victoria Whitehead is the Portfolio Manager Euro Investment Grade, Long-Only Corporate Investments, Global Credit, BNP Paribas Investment Partners. Victoria has 13 years of experience of working in fixed income credit markets. Victoria originally joined Fortis Investments in London in 2008, initially as desk analyst responsible for generating and implementing alpha strategies for the Fortis Flagship Investment Grade Corporate Bond fund. Following the integration of Fortis Investments within BNP Paribas Investment Partners, Victoria joined the Global credit team as of January 2010 as a portfolio manager. Prior to joining Fortis Investments, Victoria spent ten years working as a sell side credit analyst for various European and US Investment Banks in London covering a range of sectors. Victoria holds a BSc joint honors in Economics and French from Bath University.
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, Bahrain, Switzerland, Chile, Cyprus, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hungary, Italy, Jersey, Lebanon, Luxembourg, Netherlands, Norway, Offshore, Peru, Poland, Portugal, Singapore, Slovakia, Sweden
Parvest Bond Euro Corporate Classic Cap EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price184.66
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePO60
Parvest Bond Euro Corporate Classic Dis EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.38%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price113.93
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePO61
Parvest Bond Euro Corporate Classic Dis USD
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.38%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price120.38
CurrencyUSD
Price updated21/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXP85
Parvest Bond Euro Corporate Classic H Cap CZK
Initial charge3%
Annual charge0.75%
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 price104.57
CurrencyCZK
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMOR
Parvest Bond Euro Corporate Classic H Cap CZK EUR
Initial charge3%
Annual charge0.75%
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 price3.68
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFMOS
Parvest Bond Euro Corporate Classic MD Dis EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.17
CurrencyEUR
Price updated15/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFK5Z
Parvest Bond Euro Corporate I Cap EUR
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price203.15
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePO62
Parvest Bond Euro Corporate I Cap USD
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price228.51
CurrencyUSD
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXP86
Parvest Bond Euro Corporate I Dis EUR
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.11
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFNBD
Parvest Bond Euro Corporate N Cap EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.18%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price170.61
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePX81
Parvest Bond Euro Corporate Privilege Cap EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price155.46
CurrencyEUR
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePO64
Parvest Bond Euro Corporate Privilege Dis EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.75
CurrencyEUR
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF6PD
Parvest Bond Euro Corporate X Cap USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)0.19%
Bid price-
Offer price-
Mid price226.55
CurrencyUSD
Price updated21/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXP88
Data provided by

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