Fact sheet: Parvest BdAbsRetV700

Fund information
Fund name
Parvest Bond Absolute Return V700 Classic RH Cap USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Alex Johnsonsince 31/03/2014
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • EONIA
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
-3.5%
1 Year rank in sector
104/131
Sector
FO Absolute Return
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.
1.48%
Fund size
£132m (£85m 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.
82
Top in this sector
Fund name1 Year
SW Mitchell Emerging European16.7%
Pioneer SICV-AbsRetBd16.1%
Pictet Scv II Dyn Ass Alloc11.2%
Orbis Optimal SA9.3%
Polar Capital UK Abs Eq9%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • USA71.8%
    Others7.4%
    Singapore6.3%
    Canada5.3%
    Norway5.1%
  • Energy36.4%
    Materials16.7%
    Financials15.1%
    Consumer Staples11.8%
    Telecommunications Utilities10.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0%-0%-3.5%-1.2%3%
Sector0%-0.5%0.6%0%2.7%9.8%
Rank within sector109 / 14066 / 14089 / 138104 / 13163 / 8352 / 63
Quartile4th2nd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2.7%-1.9%2.7%-0.9%5.7%
Sector0.3%0.7%1.2%3.6%3.9%
Rank within sector104 / 13183 / 11529 / 8758 / 7026 / 62
Quartile4th3rd2nd4th2nd
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.
-0.98
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.
0.76
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%.
3.08
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.
2.78
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.
-0.43
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.
0.2
Price movement
52 week high49.93
52 week low47.15
Current bid price-
Current offer price-
Current mid price48.26
Region
1USA71.78%
2Others7.41%
3Singapore6.32%
4Canada5.25%
5Norway5.13%
6Netherlands2.09%
7UK2.02%
Industry sector
1Energy36.37%
2Materials16.72%
3Financials15.13%
4Consumer Staples11.78%
5Telecommunications Utilities10.48%
6Utilities6.71%
7Industrials2.35%
8Consumer Discretionary0.46%
Asset type
No data available.
Individual holdings
1FNCL 3 8/13 3.0018.49%
2SINGAPORE(GOVT OF) 2.5% BDS 01/06/19 SGD10007.2%
3US TSY INFL IX N/B 0.25 15/07/20246.06%
4CANADA 1.5000% CAN JUN 2026 01/06/20264.43%
5NORWAY(KINGDOM OF) 1.75% BDS 13/03/25 NOK10003.98%
6UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/07/21 USD1002.93%
7TREASURY 0.125% IDX LKD GILT 22/03/26 GBP0.012.23%
8NORWAY(KINGDOM OF) 1.5% NTS 19/02/26 NOK10001.86%
9ITALY (REPUBLIC OF) 2.7 03/01/20471.66%
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
  • EONIA
Investment style
Absolute Return
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Alex Johnson31/03/2014Alex is the Head of Portfolio Management for FFTW.Alex has 15 years of global fixed income portfolio management experience.
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, Cyprus, Czech Republic, Germany, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Hungary, Italy, Jersey, Lebanon, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Panama, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Parvest Bond Absolute Return V700 Classic Cap EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price91.13
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXN60
Parvest Bond Absolute Return V700 Classic Dis EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.1%
Bid price-
Offer price-
Mid price91.14
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXN61
Parvest Bond Absolute Return V700 Classic RH Cap CZK
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price94.67
Offer price94.67
Mid price-
CurrencyCZK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE24R
Parvest Bond Absolute Return V700 Classic RH Cap SEK
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)-
Bid price96.58
Offer price96.58
Mid price-
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE61W
Parvest Bond Absolute Return V700 Classic RH Cap USD
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price48.26
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG82
Parvest Bond Absolute Return V700 Classic RH Cap USD EUR
Initial charge3%
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price44.74
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU6X
Parvest Bond Absolute Return V700 I Cap EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price93.94
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXN62
Parvest Bond Absolute Return V700 I RH Cap SEK
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)-
Bid price97.26
Offer price97.26
Mid price-
CurrencySEK
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE61V
Parvest Bond Absolute Return V700 I RH Cap USD
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price20.12
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePP27
Parvest Bond Absolute Return V700 I RH Cap USD EUR
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price19.17
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFU6Y
Parvest Bond Absolute Return V700 N Cap EUR
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.59%
Bid price-
Offer price-
Mid price39.41
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXN63
Parvest Bond Absolute Return V700 Privilege Cap EUR
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price96.05
CurrencyEUR
Price updated22/09/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXN65
Parvest Bond Absolute Return V700 Privilege RH Cap USD
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price159.92
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePP29
Parvest Bond Absolute Return V700 Privilege RH Cap USD EUR
Initial charge3%
Annual charge0.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price147.23
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU6Z
Parvest Bond Absolute Return V700 X Cap EUR
Initial charge-
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 price90.25
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFXAU
Parvest Bond Absolute Return V700 X Cap EUR 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)-
Bid price-
Offer price-
Mid price97.16
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFX9E
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.