Fact sheet: Parvest Bond Euro Govt

Fund information
Fund name
Parvest Bond Euro Government Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund manager
  • Claude Guerinsince 28/02/2005
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • Barclays Euro Aggregate Treasury 500MM (EUR) RI
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.7%
1 Year rank in sector
14/23
Sector
FO Fixed Int - EUR Government
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.
1.07%
Fund size
£1,878m (£1,819m 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.
76
Top in this sector
Fund name1 Year
Vanguard 20+Year€TrsIdx6.8%
BlueBay Inv Gr Eur Agg4.7%
JI Income Strategy CL3.3%
JB BF Euro Government EUR2.5%
SSgA EurCoreTsryBdIx2.3%
...more in FO Fixed Int - EUR Government

Performance snapshot

Holdings snapshot

  • Italy29.2%
    France22.5%
    Spain19.5%
    Germany12.5%
    Others5%
  • Government Bonds85.6%
    Government Guaranteed10.1%
    Cash & Cash Equivalents2.4%
    Corporate Bonds1.1%
    Others0.8%
  • Italian Fixed Interest29.2%
    French Fixed Interest22.5%
    Spanish Fixed Interest19.5%
    German Fixed Interest12.5%
    Global Fixed Interest5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%-2.3%-3.1%1.7%15%29.6%
Sector0.7%-3.1%-4%1.2%12.8%24.3%
Rank within sector6 / 2210 / 229 / 2214 / 238 / 207 / 18
Quartile2nd2nd2nd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.6%2.6%1.2%12.3%1.7%
Sector-0.7%2.2%0.4%11.4%1%
Rank within sector13 / 2113 / 214 / 2110 / 2010 / 19
Quartile3rd3rd1st2nd3rd
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.
0.57
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.
1.02
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.
0.39
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%.
4.49
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.
0.96
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.
0.68
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.
0.95
Price movement
52 week high408.95
52 week low387.06
Current bid price-
Current offer price-
Current mid price393.11
Region
1Italy29.19%
2France22.53%
3Spain19.49%
4Germany12.46%
5Others5.02%
6Netherlands4.68%
7Belgium4.29%
8Money Market2.35%
Industry sector
1Government Bonds85.62%
2Government Guaranteed10.07%
3Cash & Cash Equivalents2.35%
4Corporate Bonds1.08%
5Others0.79%
6Derivatives0.09%
Asset type
1Italian Fixed Interest29.19%
2French Fixed Interest22.53%
3Spanish Fixed Interest19.49%
4German Fixed Interest12.46%
5Global Fixed Interest5.02%
6Dutch Fixed Interest4.68%
7Belgian Fixed Interest4.29%
8Money Market2.35%
Individual holdings
1SPAIN(KINGDOM OF) 0.5% BDS 31/10/17 EUR10002.9%
2SPAIN(KINGDOM OF) 3.8% BDS 30/04/24 EUR10002.33%
3GERMANY(FEDERAL REPUBLIC OF) 1% BDS 15/08/25 EUR12.19%
4FRANCE OAT 3.25% BDS 25/05/45 EUR12.16%
5ITALY(REPUBLIC OF) 4.5% BDS 01/03/24 EUR10002.08%
6BNP PARIBAS MOIS ISR2.02%
7FRANCE(GOVT OF) 0.5% BDS 25/05/26 EUR11.91%
8SPAIN(KINGDOM OF) 4.5% BDS 31/01/18 EUR10001.89%
9SPAIN(KINGDOM OF) 2.75% BDS 31/10/24 EUR10001.75%
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 Treasury 500MM (EUR) RI
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Claude Guerin28/02/2005Claude Guérin is a senior portfolio manager for BNP Paribas Asset Management. He is specialised in managing yield curve strategies for the European Fixed Income team and is responsible for the liaising with the Research and Strategy team, notably concerning geographical bloc allocations. He joined BNP Paribas Group in 1991, initially joining Courcoux Bouvet (a BNP Paribas brokerage subsidiary). In 1995 he moved to BNP Paribas Asset Management's French Fixed Income team, where he was responsible for French bond investments. He previously worked as bond manager for Banque West LB (Franco-Allemande, 1990-1991) and held a similar position with a subsidiary of MAAF, a French mutual insurance company (1985-1990). He began his career with Crédit Mutuel du Sud-Ouest in 1982. Claude graduated from the Ecole Supérieure de Commerce et d'Administration des Entreprises (ESCAE/ Poitiers, France, 1981).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV 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, Hong Kong, Hungary, Ireland, Italy, Jersey, Lebanon, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Panama, Peru, Portugal, Singapore, Slovakia, Sweden
Parvest Bond Euro Government Classic Cap EUR
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price393.11
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG70
Parvest Bond Euro Government Classic Cap USD
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price411.53
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXU33
Parvest Bond Euro Government Classic Dis EUR
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price231.78
CurrencyEUR
Price updated11/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePN99
Parvest Bond Euro Government Classic Dis USD
Initial charge3%
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.07%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price242.64
CurrencyUSD
Price updated11/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXU34
Parvest Bond Euro Government I Cap EUR
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price209
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePO29
Parvest Bond Euro Government I Cap USD
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.43%
Total expense ratio (TER)0.38%
Bid price-
Offer price-
Mid price218.79
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXU35
Parvest Bond Euro Government N Cap EUR
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price362.26
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePX58
Parvest Bond Euro Government N Cap USD
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price379.23
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXU36
Parvest Bond Euro Government Privilege Cap EUR
Initial charge3%
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price209.13
CurrencyEUR
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG75
Parvest Bond Euro Government Privilege Cap USD
Initial charge3%
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price218.93
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXU38
Parvest Bond Euro Government Privilege Dis EUR
Initial charge3%
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.92
CurrencyEUR
Price updated11/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF6PE
Parvest Bond Euro Government 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)-
Bid price-
Offer price-
Mid price474.81
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXU37
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.