Fact sheet: Parvest Convtl Bond Asia

Fund information
Fund name
Parvest Convertible Bond Asia Classic Cap USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Grace Chungsince 29/05/2007
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • THOMSON REUTERS Convertible Bond Asia ex-Japan
Investment style
None
Investment method
Convertibles
Quick stats
1 Year return
1.3%
1 Year rank in sector
14/72
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
£52m (£94m 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
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

  • China49.7%
    Hong Kong14.7%
    Malaysia8.9%
    Taiwan8.1%
    Singapore7.7%
  • Industrials22.7%
    Information Technology20.9%
    Utilities18%
    Real Estate16.9%
    Consumer Discretionary9.6%
  • Global Fixed Interest99.2%
    Money Market0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-0.8%2.7%1.3%-0.6%11.5%
Sector-0.4%-0.4%1.1%-1.8%5.7%29.2%
Rank within sector53 / 7352 / 7318 / 7314 / 7259 / 6151 / 52
Quartile3rd3rd1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.5%-1%-0.4%2.2%9.7%
Sector-0.5%2.9%2.3%11.7%10.9%
Rank within sector17 / 7261 / 6755 / 6154 / 5533 / 52
Quartile1st4th4th4th3rd
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.
-1.79
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.
0.81
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%.
6.7
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.
4.99
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.
-0.45
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.
0.47
Price movement
52 week high361.59
52 week low337.86
Current bid price-
Current offer price-
Current mid price354.91
Region
1China49.67%
2Hong Kong14.74%
3Malaysia8.87%
4Taiwan8.1%
5Singapore7.7%
6Thailand3.88%
7Philippines2.89%
8Korea1.61%
9Japan0.94%
Industry sector
1Industrials22.69%
2Information Technology20.93%
3Utilities17.99%
4Real Estate16.88%
5Consumer Discretionary9.63%
6Health Care4.71%
7Financials4.51%
8Materials1.84%
9Money Market0.83%
Asset type
1Global Fixed Interest99.17%
2Money Market0.83%
Individual holdings
1CHINA OVERSEAS FIN INV(CAYMAN)IV 0% CNV BDS 05/01/23 USD2000007.03%
2CRRC CORP LTD 0% CNV BDS 05/02/21 USD600000000 REG S6.89%
3CHINA 0% 21 USD 29/01/20215.78%
4UNITED MICROELECTRONICS CORP 0% CNV BDS 18/05/20 USD200000 REG S5.39%
5SHENZHOU INTERNATIONAL GROUP HLDGS 0.5% CNV BDS 18/06/19 HKD20000004.99%
6INDAH CAPITAL LTD 0% CNV BDS 24/10/18 SGD2500004.67%
7ENN ENERGY HLDGS LTD 0% CNV BDS 26/02/18 USD1000 REG S4.45%
8BAOSTEEL HONG KONG INV CO LTD 0% BDS 01/12/18 USD2000004.41%
9SEMICONDUCTOR MANUF CV ZERO 07/07/22 REG.S 07/07/20224.32%
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 Bond Asia ex-Japan
Investment style
None
Investment method
Convertibles
Fund managers
NameSinceBiography
Grace Chung29/05/2007Grace Chung has been Asian Convertible Bond and Asian Bond portfolio manager at BNP Paribas Asset Management since May 2007. Grace joined BNP Paribas Asset Management in 2004 as an investment analyst and back-up fund manager in the Asian Fixed Income Investment team in Hong Kong. Previously, she was a strategist with a hedge fund in Hong Kong, covering HK / China equities and currency strategies. Before that, Grace Chung had spent seven years as an economist with the Swiss Reinsurance Company and Indosuez W.I. Carr Securities. Grace Chung has a master's degree in Economics from the University of Waterloo in Canada, and a B.A. (Honours) with distinction in Economics. She also holds a postgraduate diploma in investment management from the University of Hong Kong School of Professional and Continuing Education.
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, Denmark, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Greece, Hong Kong, Hungary, Italy, Jersey, Republic Of Korea, Lebanon, Liechtenstein, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Panama, Peru, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Parvest Convertible Bond Asia Classic Cap SGD
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)1.56%
Bid price-
Offer price-
Mid price468.97
CurrencySGD
Price updated03/05/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA15Y
Parvest Convertible Bond Asia 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)1.51%
Bid price-
Offer price-
Mid price354.91
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePG24
Parvest Convertible Bond Asia 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)-
Bid price-
Offer price-
Mid price99.72
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeB7H1
Parvest Convertible Bond Asia Classic EUR Cap
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)-
Bid price-
Offer price-
Mid price334.58
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU8P
Parvest Convertible Bond Asia Classic EUR Dis
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)-
Bid price-
Offer price-
Mid price93.99
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFU8S
Parvest Convertible Bond Asia Classic EUR JPY Dis
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)-
Bid price-
Offer price-
Mid price96.7
CurrencyUSD
Price updated01/10/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUFH
Parvest Convertible Bond Asia Classic EUR USD Cap
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)-
Bid price-
Offer price-
Mid price342.12
CurrencyUSD
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUEZ
Parvest Convertible Bond Asia Classic MD 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)1.51%
Bid price-
Offer price-
Mid price172.61
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePG25
Parvest Convertible Bond Asia 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)0.82%
Bid price-
Offer price-
Mid price25.37
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeP857
Parvest Convertible Bond Asia 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)0.79%
Bid price-
Offer price-
Mid price26.91
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePH71
Parvest Convertible Bond Asia N Cap 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)2.16%
Bid price-
Offer price-
Mid price304.07
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP858
Parvest Convertible Bond Asia N Cap 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)2.16%
Bid price-
Offer price-
Mid price322.56
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePX28
Parvest Convertible Bond Asia 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)1.06%
Bid price-
Offer price-
Mid price17.26
CurrencyEUR
Price updated03/05/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeP860
Parvest Convertible Bond Asia 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)1.06%
Bid price-
Offer price-
Mid price20.39
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePH97
Parvest Convertible Bond Asia Privilege Dis 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)-
Bid price-
Offer price-
Mid price100.38
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF6PJ
Data provided by

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