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 30/05/2007
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
5.4%
1 Year rank in sector
42/71
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
£47m (£83m 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 Am17.9%
CQS Global Convertible UCITS12.5%
Swisscanto (LU) Bond COCO12.4%
Franklin Gl Cnvtl Secrts11.3%
UBS (L)BCnvrtEur€10.8%
...more in FO Convertible

Performance snapshot

Holdings snapshot

  • Hong Kong50.4%
    Taiwan13.8%
    China10.7%
    Malaysia8.3%
    Singapore5.3%
  • Information Technology23.4%
    Industrials16.8%
    Real Estate14.3%
    Financials12.3%
    Utilities12.3%
  • Global Fixed Interest99.7%
    Cash & Cash Equivalents0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%5.6%1.6%5.4%4.3%10.2%
Sector-0.2%1.9%2.3%5.4%6.5%24.5%
Rank within sector2 / 712 / 7151 / 7142 / 7145 / 6049 / 51
Quartile1st1st3rd3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund4.7%0.1%-1%-0.4%2.2%
Sector1.8%0.7%2.9%2.3%11.7%
Rank within sector2 / 7141 / 7060 / 6655 / 6052 / 53
Quartile1st3rd4th4th4th
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.
-0.88
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%.
6.75
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.
5.11
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.
-0.26
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.
0.45
Price movement
52 week high366.61
52 week low342.67
Current bid price-
Current offer price-
Current mid price366.44
Region
1Hong Kong50.38%
2Taiwan13.84%
3China10.73%
4Malaysia8.27%
5Singapore5.32%
6Thailand3.44%
7Philippines2.9%
8Japan2.54%
9Korea1.48%
Industry sector
1Information Technology23.39%
2Industrials16.77%
3Real Estate14.27%
4Financials12.26%
5Utilities12.25%
6Health Care8.23%
7Energy5.85%
8Consumer Discretionary4.26%
9Materials2.46%
Asset type
1Global Fixed Interest99.74%
2Cash & Cash Equivalents0.26%
Individual holdings
1CHINA OVERSEAS FIN INV 05/01/20236.05%
2KUNLUN ENERGY CTD 25/07/20195.85%
3HAITONG INTL.SECS. CV 25/10/20215.59%
4CRRC CORP LTD 0% CNV BDS 05/02/21 USD600000000 REG S5%
5ENN ENERGY HLDGS LTD 0% CNV BDS 26/02/18 USD1000 REG S4.88%
6INDAH CAPITAL LTD 0% CNV BDS 24/10/18 SGD2500004.79%
7CHINA RAILWAY CON 29/01/20214.49%
8ADSM.ENGR.INCO 05/09/20184.37%
9BAGAN CAPITAL LTD. 23/09/20213.89%
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 Chung30/05/2007Grace 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, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Austria, Belgium, Bahrain, Switzerland, 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 price366.44
CurrencyUSD
Price updated23/03/2017
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 price102.96
CurrencyUSD
Price updated23/03/2017
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 price339.71
CurrencyEUR
Price updated23/03/2017
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 price95.43
CurrencyEUR
Price updated23/03/2017
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 price177.9
CurrencyUSD
Price updated23/03/2017
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)0.8%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price25.83
CurrencyEUR
Price updated23/03/2017
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)0.8%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price27.86
CurrencyUSD
Price updated23/03/2017
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 price308.17
CurrencyEUR
Price updated23/03/2017
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 price332.42
CurrencyUSD
Price updated23/03/2017
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)1.07%
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)1.07%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price21.09
CurrencyUSD
Price updated23/03/2017
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)1.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.82
CurrencyUSD
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF6PJ
Data provided by

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