Fact sheet: Parvest Flex Bd Eur Corp

Fund information
Fund name
Parvest Flexible Bond Europe Corporate Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund manager
  • Luca Pagnisince 27/05/2010
Fund objective
To increase the value of its assets over the medium term.
Benchmark
  • Merrill Lynch EMU Corporate 1-3 Years (RI)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2.1%
1 Year rank in sector
32/41
Sector
FO Fixed Int - EUR Corporate Bond
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.
1.27%
Fund size
£245m (£392m 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.
67
Top in this sector
Fund name1 Year
Schroder ISF €Cp Bd4.6%
LO SelTheCredit Bd EUR4.4%
JI High Grade Corporate Bonds CL4%
Morg Stnly Euro Corp Bond3.7%
Vontobel €CorpBdMidYd3.7%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • Others27.7%
    France15.9%
    USA15.6%
    UK13.5%
    Italy9.4%
  • Others31.3%
    Non-Cyclical Consumer Goods17.9%
    Cyclical Consumer Goods14.5%
    Communications11.9%
    Money Market8.6%
  • Global Fixed Interest27.7%
    French Fixed Interest15.9%
    US Fixed Interest15.6%
    UK Fixed Interest13.5%
    Italian Fixed Interest9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-1%0.5%2.1%5.1%15.4%
Sector-1.4%-2.3%0.6%3.2%9.9%28.2%
Rank within sector6 / 433 / 4214 / 4232 / 4139 / 3934 / 34
Quartile1st1st2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.3%-0.6%2.9%2.9%6.7%
Sector3.7%-1%6.9%2.2%13.3%
Rank within sector34 / 4116 / 4138 / 3913 / 3834 / 34
Quartile4th2nd4th2nd4th
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.
-0.81
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.
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%.
2.77
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.
1.42
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.
-0.98
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.
0.78
Price movement
52 week high127.89
52 week low120.91
Current bid price-
Current offer price-
Current mid price126.53
Region
1Others27.72%
2France15.93%
3USA15.55%
4UK13.48%
5Italy9.35%
6Money Market8.56%
7Sweden5.5%
8Netherlands3.91%
Industry sector
1Others31.25%
2Non-Cyclical Consumer Goods17.92%
3Cyclical Consumer Goods14.52%
4Communications11.92%
5Money Market8.56%
6Capital Goods8%
7Cash & Cash Equivalents7.83%
Asset type
1Global Fixed Interest27.72%
2French Fixed Interest15.93%
3US Fixed Interest15.55%
4UK Fixed Interest13.48%
5Italian Fixed Interest9.35%
6Money Market8.56%
7Swedish Fixed Interest5.5%
8Dutch Fixed Interest3.91%
Individual holdings
1BNPP ST EUR SEC FD2.89%
2BNP PARIBAS FLEXI I BOND EURO FOCUS CORPORATE I 2.61%
3PARVEST ENHANCED CASH 6 MONTHS2.04%
4ELISA OYJ 2.25% BDS 04/10/19 EUR1000001.86%
5IMP TOBACCO FIN 2.25 23/11/20201.55%
6MOHAWK INDUST 2.00 16/10/20211.53%
7PERNOD-RICARD 2% BDS 22/06/20 EUR1000001.53%
8AUTOROUTES PARIS 1.13 15/10/20201.49%
9HUTCHISON WHAMPOA FINANCE 1.375% BDS 31/10/21 EUR1000001.48%
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
  • Merrill Lynch EMU Corporate 1-3 Years (RI)
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Luca Pagni27/05/2010
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Chile, Cyprus, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Gulf Cooperation Council, Hungary, Italy, Jersey, Lebanon, Liechtenstein, Luxembourg, Netherlands, Norway, Offshore, Peru, Portugal, Singapore, Slovakia, Sweden
Parvest Flexible Bond Europe Corporate Classic CHF Cap CHF
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.97
CurrencyCHF
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR8H
Parvest Flexible Bond Europe Corporate Classic CHF Cap CHF EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.91
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFR8I
Parvest Flexible Bond Europe Corporate Classic Cap EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price126.53
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePA22
Parvest Flexible Bond Europe Corporate Classic Cap USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price136.22
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP20
Parvest Flexible Bond Europe Corporate Classic Dis EUR
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price50.37
CurrencyEUR
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePA23
Parvest Flexible Bond Europe Corporate Classic Dis USD
Initial charge3%
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price54.23
CurrencyUSD
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXP21
Parvest Flexible Bond Europe Corporate I Cap EUR
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price47.24
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePO65
Parvest Flexible Bond Europe Corporate I Cap USD
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price50.86
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeXP22
Parvest Flexible Bond Europe Corporate N Cap EUR
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price116.05
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePX83
Parvest Flexible Bond Europe Corporate N Cap USD
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price124.93
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP23
Parvest Flexible Bond Europe Corporate Privilege Cap EUR
Initial charge3%
Annual charge0.45%
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 price870.05
CurrencyEUR
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePO67
Parvest Flexible Bond Europe Corporate Privilege Cap USD
Initial charge3%
Annual charge0.45%
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 price936.65
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXP25
Data provided by

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