Fact sheet: Parvest Eq Russia

Fund information
Fund name
Parvest Equity Russia Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Dan Fredriksonsince 31/12/2013
Fund objective
The Fund seeks to increase the value of its assets over the medium term by investing in shares issued by Russian companies, or companies operating in this country. It is actively managed and as such may invest in securities that are not included in the index which is MSCI Russia 10/40 (NR).
Benchmark
  • MSCI RUSSIA 10/40
Investment style
None
Investment method
Shares
Quick stats
1 Year return
26.3%
1 Year rank in sector
3/33
Sector
FO Equity - Emerging Europe
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.
2.22%
Fund size
£634m (£468m 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.
171
Top in this sector
Fund name1 Year
JGF-Jupiter New Europe34.7%
Baring Eastern Eur34.7%
Pictet Emerging Europe33.3%
Parvest Eq Russia26.3%
Renasset Eastern European26.1%
...more in FO Equity - Emerging Europe

Performance snapshot

Holdings snapshot

  • Russia100%
  • Energy34.2%
    Materials15.7%
    Financials14.2%
    Consumer Staples11.1%
    Telecommunications Utilities9.8%
  • Russian Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund11.7%14.5%28.3%26.3%12.8%20.2%
Sector0.2%3.8%9.4%6.7%-15.9%-6.1%
Rank within sector1 / 331 / 331 / 333 / 331 / 326 / 30
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund43.2%19.6%-35.9%3.8%12.9%
Sector13.8%-3.1%-22%-2.2%20%
Rank within sector1 / 331 / 3232 / 323 / 3130 / 30
Quartile1st1st4th1st4th
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.
12.81
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.
1.25
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.
0.01
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%.
24.63
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.
13.42
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.
0.74
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.
0.73
Price movement
52 week high113.19
52 week low67.49
Current bid price-
Current offer price-
Current mid price113.19
Region
1Russia100%
Industry sector
1Energy34.16%
2Materials15.7%
3Financials14.21%
4Consumer Staples11.06%
5Telecommunications Utilities9.84%
6Utilities6.3%
7Others6.08%
8Industrials2.21%
9Consumer Discretionary0.44%
Asset type
1Russian Equities100%
Individual holdings
1LUKOIL PJSC9.24%
2MAGNIT PJSC8.55%
3SBERBANK OF RUSSIA7.21%
4SURGUTNEFTEGAZ5.38%
5GAZPROM OAO4.6%
6TATNEFTPFDUSD4.51%
7MOSCOW EXCHANGE MICEX OJSC4.4%
8ALROSA ZAO4.28%
9NOVATEK OAO4.25%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
The Fund seeks to increase the value of its assets over the medium term by investing in shares issued by Russian companies, or companies operating in this country. It is actively managed and as such may invest in securities that are not included in the index which is MSCI Russia 10/40 (NR).
Benchmark
  • MSCI RUSSIA 10/40
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, 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, Greece, Hong Kong, Ireland, Italy, Republic Of Korea, Liechtenstein, Luxembourg, Macau, Netherlands, Norway, Offshore, Poland, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Parvest Equity Russia Classic Cap EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price113.19
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBKY5
Parvest Equity Russia Classic Cap NOK
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1015.74
CurrencyNOK
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKWY7
Parvest Equity Russia Classic Dis EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price87.49
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBHE5
Parvest Equity Russia Classic Dis PLN
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.06%
Bid price-
Offer price-
Mid price391.17
CurrencyPLN
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKWY8
Parvest Equity Russia Classic GBP Dis GBP
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)-
Bid price-
Offer price-
Mid price134.29
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUTI
Parvest Equity Russia Classic GBP Dis GBP 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)-
Bid price-
Offer price-
Mid price113.23
CurrencyEUR
Price updated30/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFUPW
Parvest Equity Russia Classic MD Dis USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price101.23
Offer price101.23
Mid price-
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTRC
Parvest Equity Russia Classic MD Dis USD EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price86.08
Offer price86.08
Mid price-
CurrencyEUR
Price updated27/06/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFTUJ
Parvest Equity Russia Classic USD Cap EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.8
CurrencyEUR
Price updated30/09/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA0LS
Parvest Equity Russia Classic USD Cap USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price80.51
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMBR7
Parvest Equity Russia Classic USD Dis EUR
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price47.48
CurrencyEUR
Price updated30/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeA0LT
Parvest Equity Russia Classic USD Dis USD
Initial charge3%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.22%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price69.57
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMBR6
Parvest Equity Russia 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)0.98%
Bid price-
Offer price-
Mid price125.77
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBKY7
Parvest Equity Russia 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)0.98%
Bid price-
Offer price-
Mid price133.46
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBKY8
Parvest Equity Russia I Dis 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)-
Bid price-
Offer price-
Mid price132.97
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFOML
Parvest Equity Russia 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)1.7%
Bid price-
Offer price-
Mid price254.44
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDTM8
Parvest Equity Russia 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)-
Bid price-
Offer price-
Mid price117.2
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGO2Z
Parvest Equity Russia Privilege Dis 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)-
Bid price-
Offer price-
Mid price102.31
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF8ME
Parvest Equity Russia Privilege USD 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)-
Bid price-
Offer price-
Mid price77.2
CurrencyEUR
Price updated30/09/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOMM
Parvest Equity Russia Privilege USD 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)-
Bid price-
Offer price-
Mid price118.88
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOMN
Parvest Equity Russia X Cap EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.12
CurrencyEUR
Price updated30/07/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFFUO
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.