Fact sheet: Parvest Bd Euro Sht Trm

Fund information
Fund name
Parvest Bond Euro Short Term Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Vito Cavalieresince 04/01/2010
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • Barclays Euro Aggregate 1-3 Years (RI)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-0.5%
1 Year rank in sector
23/30
Sector
FO Fixed Int - EUR Short/ Medium Maturity
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.
0.83%
Fund size
£745m (£476m 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.
67
Top in this sector
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Boost Bund 10Y 3x Leverage Dly ETP11.4%
Petercam L Bds EUR HiYldShtTm3.8%
Pictet EUR Sht Trm Hgh Yld2.6%
Oddo Cmp Eur CrShDur2%
ECM Short Dur Credit1.9%
...more in FO Fixed Int - EUR Short/ Medium Maturity

Performance snapshot

Holdings snapshot

  • Italy24.6%
    France20.4%
    Spain16.4%
    Others10.4%
    Belgium10.2%
  • Government Bonds38.3%
    Others17.2%
    Government Agency Bonds13.8%
    Banks12%
    Mortgage & Secured Bonds8.3%
  • Italian Fixed Interest24.6%
    French Fixed Interest20.4%
    Spanish Fixed Interest16.4%
    Global Fixed Interest10.4%
    Belgian Fixed Interest10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-0.5%-0.4%-0.5%1.1%7.2%
Sector-0.3%-0.6%-0.1%0.5%4.2%12.5%
Rank within sector18 / 3018 / 3024 / 3023 / 3020 / 2815 / 23
Quartile3rd3rd4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%0.1%1.3%1.1%3.7%
Sector0.8%0.2%3.4%1%5.3%
Rank within sector25 / 3013 / 2918 / 2814 / 2417 / 23
Quartile4th2nd3rd3rd3rd
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.
-0.29
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.
0.49
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%.
0.62
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.
0.63
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.
-1.72
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.
0.64
Price movement
52 week high124.44
52 week low123.61
Current bid price-
Current offer price-
Current mid price123.68
Region
1Italy24.56%
2France20.38%
3Spain16.37%
4Others10.38%
5Belgium10.15%
6Germany6.96%
7Money Market6.21%
8USA4.99%
Industry sector
1Government Bonds38.26%
2Others17.23%
3Government Agency Bonds13.79%
4Banks12.02%
5Mortgage & Secured Bonds8.32%
6Cash & Cash Equivalents6.21%
7Financials4.17%
Asset type
1Italian Fixed Interest24.56%
2French Fixed Interest20.38%
3Spanish Fixed Interest16.37%
4Global Fixed Interest10.38%
5Belgian Fixed Interest10.15%
6German Fixed Interest6.96%
7Money Market6.21%
8US Fixed Interest4.99%
Individual holdings
1BNP PARIBAS MOIS ISR6.3%
2ITALY BTPS 0.65 01/11/20205.09%
3ITALIE TV 2.15 12/11/20173.33%
4SPAIN(KINGDOM OF) 5.5% NTS 30/04/21 EUR10002.99%
5DEXIA CREDIT LOCAL SA 1.625% BDS 29/10/18 EUR500002.83%
6KFW 0.13 01/06/20202.74%
7ITALY(REPUBLIC OF) 3.5% NTS 01/12/18 EUR10002.43%
8GERMAN GOVT I/L 0.75 15/04/20182.27%
9ITALY(REPUBLIC OF) 1.05% BDS 01/12/19 EUR10002.16%
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 1-3 Years (RI)
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Vito Cavaliere04/01/2010Vito Cavaliere is a portfolio manager, responsible for “specific – non benchmarked portfolios”; this includes Insurance style, flexible and portfolios dedicated to Italian clients. Vito joined BNP Paribas Asset Management as a quantitative analyst in 2007. Previously, he worked in the fixed income line for BNL Gestioni, the Italian asset manager integrated into BNP Paribas Asset Management in 2006. At BNL Gestioni Vito was a junior portfolio manager for funds and SICAVs. Vito holds a post-graduate degree in Economics and Management (2005), a Master’s degree in Financial Management and IT (2004) and a degree in Business Administration from the Università degli Studi di Siena (Italy, 2003).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
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, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Slovakia, Sweden
Parvest Bond Euro Short Term Classic Cap EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price123.68
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVZ97
Parvest Bond Euro Short Term Classic Cap USD
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price131.2
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO0U
Parvest Bond Euro Short Term Classic Dis EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price100.18
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA5O7
Parvest Bond Euro Short Term Classic Dis USD
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price106.27
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA5O8
Parvest Bond Euro Short Term I Cap EUR
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)0.38%
Bid price-
Offer price-
Mid price130.07
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVZ16
Parvest Bond Euro Short Term I Cap USD
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.38%
Total expense ratio (TER)0.38%
Bid price-
Offer price-
Mid price137.98
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVZ35
Parvest Bond Euro Short Term N Cap EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price116.7
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVZ17
Parvest Bond Euro Short Term N Cap USD
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price123.8
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO0V
Parvest Bond Euro Short Term Privilege Cap EUR
Initial charge3%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.24%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price1013.42
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVZ19
Parvest Bond Euro Short Term Privilege Cap USD
Initial charge3%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.24%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price1075.04
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFO0W
Parvest Bond Euro Short Term Privilege Dis EUR
Initial charge3%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.4
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF67L
Data provided by

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