Fact sheet: Parvest Money Mkt Euro

Fund information
Fund name
Parvest Money Market Euro Classic Cap EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Pascale Benguiguisince 29/01/2016
Fund objective
The sub-fund belongs to the category of money market funds. The main objective of the sub-fund is to maintain the value of its assets by investing in money market instruments. It differs however from an investment in bank deposits in what neither the return nor the safeguarding of the capital can be guaranteed. To invest in the compartment does not constitute an investment in a guaranteed yield.
Benchmark
  • Cash Index EONIA [Daily Cap] RI
Investment style
None
Investment method
None
Quick stats
1 Year return
-0.1%
1 Year rank in sector
20/55
Sector
FO Currency - Euro
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.
0.2%
Fund size
£1,118m (£1,123m 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.
68
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.1%
Hume Caut MA €1.4%
BNP Paribas Sht Tm Eurpn Secrtn1.2%
SG Pvt Bank Accent Euro Cash1.2%
Amundi 12 M0.6%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit59.5%
    Commercial Paper15.5%
    Fixed Interest14.6%
    Others9.5%
    Government Bills0.9%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0%-0.1%-0.1%0%0.3%
Sector-0.1%-0.3%-0.4%-0.5%-0.5%-0.3%
Rank within sector21 / 5720 / 5718 / 5720 / 5515 / 5316 / 49
Quartile2nd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0%-0.1%-0%0.2%0%
Sector-0.2%-0.4%-0.1%0.1%0%
Rank within sector21 / 5720 / 5513 / 5115 / 5218 / 49
Quartile2nd2nd2nd2nd2nd
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.
0.04
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.
0.15
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.
-
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%.
0.04
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.
0.13
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.
1.16
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.
0.24
Price movement
52 week high209.92
52 week low209.67
Current bid price-
Current offer price-
Current mid price209.67
Region
1Money Market100%
Industry sector
1Certificates of Deposit59.48%
2Commercial Paper15.48%
3Fixed Interest14.64%
4Others9.5%
5Government Bills0.9%
Asset type
1Money Market100%
Individual holdings
1BNP PARIBAS CASH INVEST FCP I8.74%
2CDN CICUE EONIA +0.2100 02/10/20176.71%
3CDN INGBA EONIA +0.3350 02/05/20175.82%
4CDN BFCM EONIA +0.2100 02/10/20174.47%
5CDN FORBQ 0% 01/09/20174.03%
6CDN BPCES EONIA +0.3300 030717 03/07/20173.58%
7CREDIT SUISSE AG/LONDON 0% CD 02/06/20173.58%
8BARCLAYS BAN EONIACAP+0.45 CD 30/06/20172.69%
9CD NATIXIS EO+0.32 01/08/20172.69%
Management
Fund manager group
BNP Paribas Invest Partners
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund objective
The sub-fund belongs to the category of money market funds. The main objective of the sub-fund is to maintain the value of its assets by investing in money market instruments. It differs however from an investment in bank deposits in what neither the return nor the safeguarding of the capital can be guaranteed. To invest in the compartment does not constitute an investment in a guaranteed yield.
Benchmark
  • Cash Index EONIA [Daily Cap] RI
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Pascale Benguigui29/01/2016Pascale Benguigui is a portfolio manager dealing with money market investment solutions for BNP Paribas Asset Management's Money Market team. She manages several Euro denominated portfolios and has been managing BNP Paribas InstiCash GBP and CHF since 2007. Pascale joined Cardif Asset Management in 2006. Previously, she spent 5 years as a credit portfolio manager with Sinopia Asset Management (HSBC Group, 2000-2005). She also spent 3 years as an international fixed-income assistant portfolio manager with Ixis Asset Management (1997-2000). Earlier in her career she worked as a middle office manager with Dexia Asset Management (1994-1997) and as a back office manager with Compagnie Bancaire (1993-1994). Pascale holds a degree in Finance from the University of Paris-Dauphine (1992) and a post-graduate diploma in European Economics (1993).
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German 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, Hungary, Ireland, Italy, Jersey, Lebanon, Liechtenstein, Luxembourg, Malta, Netherlands, Norway, Offshore, Panama, Peru, Portugal, Singapore, Slovakia, Sweden, Taiwan - Province Of China
Parvest Money Market Euro Classic Cap EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price209.6688
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePA68
Parvest Money Market Euro Classic Dis EUR
Initial charge3%
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price103.3133
CurrencyEUR
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePA69
Parvest Money Market Euro I Cap EUR
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.18%
Bid price-
Offer price-
Mid price72.1725
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codePP64
Parvest Money Market Euro Privilege Cap EUR
Initial charge3%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price987.7974
CurrencyEUR
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePP66
Data provided by

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