Fact sheet: Parvest Eq Russia Opps

Fund information
Fund name
Parvest Equity Russia Opportunities Privilege Cap USD
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Dan Fredriksonsince 31/12/2013
Fund objective
Increase the value of its assets over the medium term.
Benchmark
  • MSCI Russia 10/40 (NR)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
26%
1 Year rank in sector
7/91
Sector
FO Equity - Europe Single Country
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.
1.37%
Fund size
£128m (£86m 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.
166
Top in this sector
Fund name1 Year
Pictet Russian Equities68.4%
HSBC GIF Russia Equity53.8%
Baring Russia52.4%
Pictet Russia Index48.5%
East Capital Russia30.2%
...more in FO Equity - Europe Single Country

Performance snapshot

Holdings snapshot

  • Russia100%
  • Energy30.5%
    Materials19%
    Financials13.8%
    Consumer Staples11.8%
    Telecommunications Utilities11.4%
  • Russian Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%10.2%21.7%26%-7.8%2.3%
Sector-1%-0.4%2.5%-0.4%14.6%56.8%
Rank within sector11 / 9311 / 939 / 937 / 9171 / 8266 / 77
Quartile1st1st1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund39.3%6.2%-39.5%7.3%19.1%
Sector3.6%9.2%1.7%17.5%18.4%
Rank within sector7 / 9361 / 8973 / 8263 / 7936 / 77
Quartile1st3rd4th4th2nd
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.
-8.86
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.
1.39
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.
-0.02
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%.
24.8
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.
19.37
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.
-0.46
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.
0.42
Price movement
52 week high622.58
52 week low377.69
Current bid price-
Current offer price-
Current mid price622.58
Region
1Russia100%
Industry sector
1Energy30.45%
2Materials19.03%
3Financials13.83%
4Consumer Staples11.78%
5Telecommunications Utilities11.39%
6Utilities9.47%
7Industrials3.57%
8Consumer Discretionary0.48%
Asset type
1Russian Equities100%
Individual holdings
1LUKOIL OAO8.84%
2MAGNIT PJSC8.14%
3SBERBANK OF RUSSIA6.61%
4SURGUTNEFTEGAZ5.32%
5GAZPROM NEFT PJSC4.61%
6OGK-4 (RUB)4.6%
7MOSCOW EXCHANGE MICEX OJSC4.36%
8TATNEFTPFDUSD4.35%
9ALROSA ZAO4.31%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
Increase the value of its assets over the medium term.
Benchmark
  • MSCI Russia 10/40 (NR)
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Dan Fredrikson31/12/2013Swedish born Dan Fredrikson has 25 years experience in financial markets and 12 years experience in asset management. Currently, he is a portfolio manager at Alfred Berg Asset Management and has been with the firm since 2002, managing the Alfred Berg Ryssland and the Parvest Equity Russia funds, dealing in Russian equities, using a growth investment style. Dan graduated from the Stockholm University where he studied for a Major in Finance and Accounting.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
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, Ireland, Italy, Jersey, Republic Of Korea, Lebanon, Liechtenstein, Luxembourg, Macau, Malta, Netherlands, Norway, Offshore, Panama, Poland, Portugal, Singapore, Slovakia, Sweden
Parvest Equity Russia Opportunities Classic Cap USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price73.25
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFE2
Parvest Equity Russia Opportunities Classic Dis EUR
Initial charge3%
Annual charge1.75%
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 price54.76
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBFE5
Parvest Equity Russia Opportunities Classic Dis USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price58.09
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBFE4
Parvest Equity Russia Opportunities Classic EUR Cap
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price69.04
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFU8M
Parvest Equity Russia Opportunities Classic EUR USD Cap
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price54.63
CurrencyUSD
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUFB
Parvest Equity Russia Opportunities I Cap EUR
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price59.72
CurrencyEUR
Price updated31/05/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBFF3
Parvest Equity Russia Opportunities I Cap USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price79.95
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBFF2
Parvest Equity Russia Opportunities N Cap EUR
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.97%
Total expense ratio (TER)2.91%
Bid price-
Offer price-
Mid price64.72
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFE7
Parvest Equity Russia Opportunities N Cap USD
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.97%
Total expense ratio (TER)2.91%
Bid price-
Offer price-
Mid price68.65
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFE6
Parvest Equity Russia Opportunities Privilege Cap EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price586.9
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFF1
Parvest Equity Russia Opportunities Privilege Cap USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.37%
Total expense ratio (TER)1.41%
Bid price-
Offer price-
Mid price622.58
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBFF0
Data provided by

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