Fact sheet: Parvest Bd Wrld Corp

Fund information
Fund name
Parvest Bond World Corporate Classic Cap USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Christophe Auvitysince 05/02/2015
Fund objective
To increase the value of its assets over the medium term.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.1%
1 Year rank in sector
126/287
Sector
FO Fixed Int - Global
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
£238m (£122m 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 GHIOL32%
Aberdeen Global II GlGovtBd27.9%
Russell Gbl Bd27.7%
Dodge & Cox Global Bond26.9%
Baring Intl Bd26.7%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA50.8%
    France14.8%
    Money Market10.1%
    Spain6.2%
    UK5.7%
  • Others33.4%
    Banks21.5%
    Telecommunications11.4%
    Cash & Cash Equivalents10.1%
    Cyclical Consumer Goods8.8%
  • US Fixed Interest50.8%
    French Fixed Interest14.8%
    Money Market10.1%
    Spanish Fixed Interest6.2%
    UK Fixed Interest5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%1.5%3.9%6.1%15.8%26.2%
Sector-0.4%2.2%3.9%5.1%8.3%16%
Rank within sector228 / 304160 / 302145 / 300126 / 28759 / 22735 / 161
Quartile3rd3rd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund5.9%-0.4%8%0.5%10%
Sector5.9%-1.6%3.7%-1.6%8.2%
Rank within sector148 / 296113 / 27648 / 23760 / 20456 / 170
Quartile2nd2nd1st2nd2nd
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.
2.08
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.
1.08
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.
0.62
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%.
3.1
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.
1.31
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.
1.76
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.
0.82
Price movement
52 week high162.16
52 week low150.55
Current bid price-
Current offer price-
Current mid price160.66
Region
1USA50.77%
2France14.8%
3Money Market10.13%
4Spain6.24%
5UK5.65%
6Netherlands5.18%
7Germany4.79%
8Others2.44%
Industry sector
1Others33.43%
2Banks21.47%
3Telecommunications11.37%
4Cash & Cash Equivalents10.13%
5Cyclical Consumer Goods8.82%
6Non-Cyclical Consumer Goods8.29%
7Energy6.49%
Asset type
1US Fixed Interest50.77%
2French Fixed Interest14.8%
3Money Market10.13%
4Spanish Fixed Interest6.24%
5UK Fixed Interest5.65%
6Dutch Fixed Interest5.18%
7German Fixed Interest4.79%
8Global Fixed Interest2.44%
Individual holdings
1WELLS FARGO & CO 1% NTS 02/02/27 EUR100000.8%
2CAPITAL ONE FINANCIAL CORP 3.75% BDS 28/07/26 USD20000.74%
3AT&T INC 2.45% BDS 30/06/20 USD20000.67%
4BNP PARIBAS 4.032% NTS 25/11/25 EUR1000000.62%
5ML & CO. GLOBAL 6.11 29/01/20370.62%
6PACIFIC GAS & ELECTRIC CO 6.05% MTG BDS 01/03/34 USD10000.57%
7TARGET CORP 2.5% BDS 15/04/26 USD20000.56%
8REPUBLIC SERVICES INC 2.9% BDS 01/07/26 USD10000.52%
9CVS HEALTH CORP 3.875% BDS 20/07/25 USD20000.51%
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
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Christophe Auvity05/02/2015Christophe Auvity transferred to FFTW from BNP Paribas Asset Management in 2007. He is a portfolio manager within the Credit and Structured Finance team, reporting to Nicolas Chaput. Christophe is responsible for managing credit total return funds and CDO collateral. Christophe joined FFTW with more than 14 years experience at BNP Paribas Asset Management. He transferred to FFTW with other members of Nicolas' team, and had previously performed the role described above. Prior to this he spent five years as a senior portfolio manager, specialising in European fixed income and credit funds. In this role Christophe actively participated in defining the investment process with the credit research team, and was responsible for funds worth EUR 700 million. Earlier in his career with BNP Paribas Asset Management Christophe worked as a portfolio manager covering European fixed income. Christophe holds Master's degrees in Finance (1991) and Management Science (1990) from the University of Paris-Sorbonne.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Czech Republic, Spain, Finland, France, United Kingdom, Greece, Hungary, Italy, Jersey, Lebanon, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Slovakia, Sweden
Parvest Bond World Corporate Classic Cap USD
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)1.03%
Bid price-
Offer price-
Mid price160.66
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQK9
Parvest Bond World Corporate Classic Dis 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 price100.85
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBQL2
Parvest Bond World Corporate Classic Dis USD
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)1.03%
Bid price-
Offer price-
Mid price112.35
CurrencyUSD
Price updated21/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBQL1
Parvest Bond World Corporate Classic H EUR 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)-
Bid price-
Offer price-
Mid price111.08
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHND
Parvest Bond World Corporate Classic H EUR Cap USD
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)-
Bid price-
Offer price-
Mid price118.24
CurrencyUSD
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFHNC
Parvest Bond World Corporate I 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 price150.99
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBQM0
Parvest Bond World Corporate I 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)0.43%
Bid price-
Offer price-
Mid price168.2
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBQL9
Parvest Bond World Corporate IH EUR 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)-
Bid price-
Offer price-
Mid price111.53
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHNB
Parvest Bond World Corporate IH EUR 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)-
Bid price-
Offer price-
Mid price118.01
CurrencyUSD
Price updated01/10/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFHNA
Parvest Bond World Corporate M EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.87
CurrencyEUR
Price updated31/01/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQL6
Parvest Bond World Corporate N Cap EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price135.67
CurrencyEUR
Price updated31/05/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQL4
Parvest Bond World Corporate N Cap USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price154.42
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQL3
Parvest Bond World Corporate Privilege EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price626.35
CurrencyEUR
Price updated29/07/2009
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQL8
Parvest Bond World Corporate Privilege USD
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.78%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price880.74
CurrencyUSD
Price updated29/07/2009
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBQL7
Parvest Bond World Corporate X 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)0.18%
Bid price-
Offer price-
Mid price149.51
CurrencyUSD
Price updated31/01/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBQL5
Data provided by

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