Fact sheet: Parvest Conv Bd Eurp SmCp

Fund information
Fund name
Parvest Convertible Bond Europe Small Cap Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund manager
  • Eric Bouthilliersince 11/12/2006
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • THOMSON REUTERS Convertible Europe
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
6.6%
1 Year rank in sector
-
Sector
FO Convertible
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.
1.63%
Fund size
£222m (£244m 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.
61
Top in this sector
Fund name1 Year
Man Convertibles Am26%
Franklin Gl Cnvtl Secrts18.7%
UBS (L)BdSICConGb€14.4%
Alma US Convertible14.4%
CQS Global Convertible UCITS13.7%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Italy18.4%
    France17%
    Others13.8%
    Germany11.6%
    UK8.7%
  • Real Estate19.9%
    Consumer Discretionary12.8%
    Industrials12.3%
    Consumer Staples11%
    Health Care9.3%
  • Italian Fixed Interest18.4%
    French Fixed Interest17%
    Global Fixed Interest13.8%
    German Fixed Interest11.6%
    UK Fixed Interest8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%3.5%4.1%6.6%14.7%31.9%
Sector1.1%3.2%2.7%9.2%6.4%24.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1.9%-1.3%12.6%3.4%5.2%
Sector1.7%0.7%2.9%2.3%11.7%
Rank within sector-----
Quartile
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.
2.84
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.
0.83
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.
0.19
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%.
6.24
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.
4.13
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.
0.58
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.
0.58
Price movement
52 week high165.85
52 week low153.94
Current bid price-
Current offer price-
Current mid price165.33
Region
1Italy18.39%
2France16.96%
3Others13.77%
4Germany11.64%
5UK8.67%
6Switzerland8.65%
7Netherlands6.57%
8Spain6.34%
9Belgium3.9%
Industry sector
1Real Estate19.88%
2Consumer Discretionary12.8%
3Industrials12.3%
4Consumer Staples11.03%
5Health Care9.31%
6Financials8.68%
7Utilities7.43%
8Energy6.21%
9Others5.53%
Asset type
1Italian Fixed Interest18.39%
2French Fixed Interest16.96%
3Global Fixed Interest13.77%
4German Fixed Interest11.64%
5UK Fixed Interest8.67%
6Swiss Fixed Interest8.65%
7Dutch Fixed Interest6.57%
8Spanish Fixed Interest6.34%
9Belgian Fixed Interest3.9%
Individual holdings
1NEXANS 2.5% CNV BDS 01/01/19(NEXANS SA)EUR10003.81%
2SONAE INVSMNTS 1.63 11/06/20193.7%
3ORPAR 0% CNV BDS 15/07/19 EUR1000003.52%
4WERELDHAVE NV CV 1.00 22/05/20193.43%
5BENI STABILI SPA SIIQ 0.875% CNV BDS 31/01/21 USD1000003.36%
6BIM 2.5% CNV BDS 13/11/20 EUR22.523.29%
7BW GROUP 1.75% CNV BDS 10/09/19 USD2000003.25%
8AROUNDTOWN PROPERTY HLDGS 1.5% CNV BDS 18/01/21 EUR1000003.12%
9CEZ MH BV CV 04/08/20172.96%
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
  • THOMSON REUTERS Convertible Europe
Investment style
None
Investment method
Convertibles
Fund manager
NameSinceBiography
Eric Bouthillier11/12/2006Eric Bouthillier is currently Head of European Convertible Bonds at BNP Paribas Asset Management. Eric has worked as a European convertible bond portfolio manager since 1990. In parallel to this, he was in charge of BNP Paribas Asset Management's employee savings scheme from 1998 to 2007 and managed portfolios for the European Equities team. Previously, he worked as a financial engineer in the Options team (1987 - 1990). He joined BNP Paribas in 1984 and worked in the Structured Fixed Income team until 1987. Eric is a graduate of ESCP-EAP European School of Management, Paris (1984).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Cyprus, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Greece, Hungary, Italy, Jersey, Lebanon, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Panama, Portugal, Singapore, Slovakia, Sweden
Parvest Convertible Bond Europe Small Cap Classic Cap EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price165.33
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIF9
Parvest Convertible Bond Europe Small Cap Classic Cap USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price175.74
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIG0
Parvest Convertible Bond Europe Small Cap Classic Dis EUR
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price129.95
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBIG1
Parvest Convertible Bond Europe Small Cap Classic Dis USD
Initial charge3%
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price138.13
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBIG2
Parvest Convertible Bond Europe Small Cap I Cap EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price177.28
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBIG3
Parvest Convertible Bond Europe Small Cap I Cap USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price188.44
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBIG4
Parvest Convertible Bond Europe Small Cap I Dis EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.27
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEA7O
Parvest Convertible Bond Europe Small Cap N Dist EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price156.1
CurrencyEUR
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBIG5
Parvest Convertible Bond Europe Small Cap N Dist USD
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.13%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price165.93
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBIG6
Parvest Convertible Bond Europe Small Cap Privilege Cap EUR
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price139.83
CurrencyEUR
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIG9
Parvest Convertible Bond Europe Small Cap Privilege Cap USD
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price148.63
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIH0
Data provided by

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