Fact sheet: Parvest Convtl Bd Eurp

Fund information
Fund name
Parvest Convertible Bond Europe Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund manager
  • Eric Bouthilliersince 31/05/2003
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
-6.4%
1 Year rank in sector
68/72
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.
1.63%
Fund size
£1,012m (£1,189m 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.
63
Top in this sector
Fund name1 Year
Man Convertibles Am7.9%
CQS Global Convertible UCITS4.1%
HAM Gbl Convtbl Bd2.9%
Convertible & Credit1.9%
Oaktree OaktreGbCnvBd1.9%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Germany27.4%
    France24%
    UK9.9%
    Netherlands8.8%
    Others6.7%
  • Industrials18.1%
    Consumer Discretionary11.8%
    Telecommunications Utilities11.6%
    Real Estate11.1%
    Energy10.7%
  • German Fixed Interest27.4%
    French Fixed Interest24%
    UK Fixed Interest9.9%
    Dutch Fixed Interest8.8%
    Global Fixed Interest6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%-1.1%-0.9%-6.4%5.8%31.8%
Sector-0.6%-0.8%0.8%-2.3%5.3%28.5%
Rank within sector13 / 7340 / 7362 / 7368 / 7233 / 6120 / 52
Quartile1st3rd4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-4.5%6.7%3%9.4%14.1%
Sector-0.9%2.9%2.3%11.7%10.9%
Rank within sector65 / 728 / 6728 / 6132 / 5512 / 52
Quartile4th1st2nd3rd1st
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.
0.21
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.
0.95
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%.
6.45
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.
3.55
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.
0.02
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.
0.69
Price movement
52 week high164.69
52 week low148.67
Current bid price-
Current offer price-
Current mid price155.94
Region
1Germany27.44%
2France24.04%
3UK9.85%
4Netherlands8.79%
5Others6.65%
6Money Market4.77%
7Hungary4.46%
8Portugal4.2%
9Spain3.46%
Industry sector
1Industrials18.1%
2Consumer Discretionary11.8%
3Telecommunications Utilities11.58%
4Real Estate11.09%
5Energy10.71%
6Utilities7.63%
7Consumer Staples6.86%
8Materials6.13%
9Health Care6.09%
Asset type
1German Fixed Interest27.44%
2French Fixed Interest24.04%
3UK Fixed Interest9.85%
4Dutch Fixed Interest8.79%
5Global Fixed Interest6.65%
6Money Market4.77%
7Hungarian Fixed Interest4.46%
8Portuguese Fixed Interest4.2%
9Spanish Fixed Interest3.46%
Individual holdings
1AMERICA MOVIL SAB DE CV 0% CNV BDS 28/05/20 EUR1000006.75%
2SIEMENS FINANCIERINGSMAATSCHAPPIJ 1.05%/12-16.08.20176.29%
3RAG-STIFTUNG 0% CNV BDS 31/12/18 EUR10000004.55%
4PARPUBLICA-PARTICPACOES PUBLIC SGPS 5.25% CNV BDS 28/09/17(GALP ENERGIA SGPS4.2%
5STEINHOFF FINANCE HOLDING GMBH 1.25% GTD CNV BDS 21/10/23(STEINHOFF)EUR3.63%
6HANIEL FINANCE DEUTSCHLAND GMBH 0% CNV BDS 12/05/20 EUR1000003.33%
7CIE GEN DES ETABLIST MICHELIN CV 01/01/20173.01%
8HUNGARIAN STATE CV 3.38 02/04/20192.97%
9EADS 0.00 06/2021 14/06/20212.76%
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 Bouthillier31/05/2003Eric 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, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, Chile, Cyprus, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Hungary, Italy, Jersey, Republic Of Korea, Lebanon, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Panama, Peru, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Parvest Convertible Bond Europe 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 price155.94
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePA09
Parvest Convertible Bond Europe Classic Cap GBP
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 price131.11
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF4WE
Parvest Convertible Bond Europe 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 price165.48
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP62
Parvest Convertible Bond Europe 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 price96.1
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePO57
Parvest Convertible Bond Europe Classic Dis GBP
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 price80.8
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF4WF
Parvest Convertible Bond Europe 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 price101.98
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXP63
Parvest Convertible Bond Europe I Cap EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price178.09
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePA21
Parvest Convertible Bond Europe I Cap USD
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price188.98
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXP64
Parvest Convertible Bond Europe I Dis EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.95
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOMQ
Parvest Convertible Bond Europe IH Dist EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price98.61
Offer price98.61
Mid price-
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8JY
Parvest Convertible Bond Europe M SEK
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1286.04
CurrencySEK
Price updated04/09/2011
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNFE2
Parvest Convertible Bond Europe N Dist EUR
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price141.27
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePX79
Parvest Convertible Bond Europe N Dist USD
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.13%
Bid price-
Offer price-
Mid price149.91
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXP65
Parvest Convertible Bond Europe Privilege Cap EUR
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price118.65
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePO59
Parvest Convertible Bond Europe Privilege Cap USD
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price125.91
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP67
Parvest Convertible Bond Europe Privilege Dis EUR
Initial charge3%
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.91
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF6PK
Data provided by

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