Fact sheet: Parvest Conv Bd Eurp SmCp

Fund information
Fund name
Parvest Convertible Bond Europe Small Cap Privilege 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
-3.8%
1 Year rank in sector
54/72
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.
1.06%
Fund size
£229m (£241m 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.
57
Top in this sector
Fund name1 Year
Man Convertibles Am9.2%
CQS Global Convertible UCITS4.5%
HAM Gbl Convtbl Bd3.3%
Franklin Gl Cnvtl Secrts2.4%
Convertible & Credit2.1%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • France23.8%
    Italy16.4%
    Germany13.8%
    Switzerland10.6%
    UK9.5%
  • Real Estate23%
    Financials16.8%
    Industrials15.2%
    Health Care9.9%
    Consumer Staples8.1%
  • French Fixed Interest23.8%
    Italian Fixed Interest16.4%
    German Fixed Interest13.8%
    Swiss Fixed Interest10.6%
    UK Fixed Interest9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%0%-0.2%-3.8%15.2%41.7%
Sector-0.4%-0.4%1.1%-1.8%5.7%29.2%
Rank within sector35 / 7328 / 7357 / 7354 / 725 / 619 / 52
Quartile2nd2nd4th3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-2.5%13.3%4%5.7%15.7%
Sector-0.5%2.9%2.3%11.7%10.9%
Rank within sector55 / 721 / 6721 / 6151 / 5510 / 52
Quartile4th1st2nd4th1st
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.
3.49
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.
0.82
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.
0.27
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%.
6.19
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.
4.15
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.
0.73
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.
0.57
Price movement
52 week high140.06
52 week low127.83
Current bid price-
Current offer price-
Current mid price134.92
Region
1France23.82%
2Italy16.38%
3Germany13.75%
4Switzerland10.6%
5UK9.52%
6Netherlands8.53%
7Others7.42%
8Portugal3.2%
9Belgium3.19%
Industry sector
1Real Estate22.98%
2Financials16.77%
3Industrials15.16%
4Health Care9.86%
5Consumer Staples8.09%
6Consumer Discretionary7.34%
7Information Technology6.44%
8Utilities6.16%
9Materials5.56%
Asset type
1French Fixed Interest23.82%
2Italian Fixed Interest16.38%
3German Fixed Interest13.75%
4Swiss Fixed Interest10.6%
5UK Fixed Interest9.52%
6Dutch Fixed Interest8.53%
7Global Fixed Interest7.42%
8Portuguese Fixed Interest3.2%
9Belgian Fixed Interest3.19%
Individual holdings
1AXA 3.75% CNV BDS 1/1/2017 EUR165.58.28%
2ORPAR 0% CNV BDS 15/07/19 EUR1000003.73%
3AROUNDTOWN PROPERTY HLDGS 1.5% CNV BDS 18/01/21 EUR1000003.67%
4QIAGEN 0.88 19/03/20213.52%
5WERELDHAVE NV CV 1.00 22/05/20193.32%
6BENI STABILI SPA SIIQ 0.875% CNV BDS 31/01/21 USD1000003.28%
7SAF HOLLAND 1% CNV BDS 12/09/20 EUR1000003.18%
8NEXANS 2.5% CNV BDS 01/01/19(NEXANS SA)EUR10003.17%
9SONAE SGPS 1.63 11/06/20193.17%
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, 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)2.73%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price159.71
CurrencyEUR
Price updated30/11/2016
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)2.73%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price169.42
CurrencyUSD
Price updated30/11/2016
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)1.62%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price125.53
CurrencyEUR
Price updated30/11/2016
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)1.62%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price133.16
CurrencyUSD
Price updated30/11/2016
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 price170.96
CurrencyEUR
Price updated30/11/2016
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 price181.35
CurrencyUSD
Price updated30/11/2016
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 price102.66
CurrencyEUR
Price updated30/11/2016
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)2.22%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price150.99
CurrencyEUR
Price updated30/11/2016
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)2.22%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price160.17
CurrencyUSD
Price updated30/11/2016
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)1.06%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price134.92
CurrencyEUR
Price updated30/11/2016
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)1.06%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price143.12
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIH0
Data provided by

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