Fact sheet: Parvest Sust Bd € Corp

Fund information
Fund name
Parvest Sustainable Bond Euro Corporate Classic Acc EUR
Fund manager company
BNP Paribas Invest Partners Lu
Fund type
Offshore Fund
Fund managers
  • Michel Baudsince 30/04/2015
Fund objective
Increase the value of its assets over the medium term.
Benchmark
  • Barclays Euro Aggregate corporates
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
1.2%
1 Year rank in sector
38/41
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.
1.12%
Fund size
£962m (£801m 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
Schroder ISF €Cp Bd4.2%
LO SelTheCredit Bd EUR4%
JI High Grade Corporate Bonds CL3.7%
Morg Stnly Euro Corp Bond3.3%
Kempen (Lux) Euro Crdt3.1%
...more in FO Fixed Int - EUR Corporate Bond

Performance snapshot

Holdings snapshot

  • France33.4%
    Others15.2%
    Spain15.1%
    Germany10.1%
    USA9.7%
  • Others34.3%
    Banks22.6%
    Telecommunications10.6%
    Cyclical Consumer Goods9%
    Non-Cyclical Consumer Goods8.1%
  • French Fixed Interest33.4%
    Global Fixed Interest15.2%
    Spanish Fixed Interest15.1%
    German Fixed Interest10.1%
    US Fixed Interest9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-2.5%-0.1%1.2%9.1%28.5%
Sector-1.4%-2%1.1%2.7%9.6%29.9%
Rank within sector38 / 4338 / 4241 / 4238 / 4125 / 3922 / 34
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund2.2%-0.7%7.9%2.1%12.5%
Sector3.8%-1%6.9%2.2%13.3%
Rank within sector39 / 4119 / 4116 / 3922 / 3827 / 34
Quartile4th2nd2nd3rd4th
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.
-0.26
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.
1.04
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%.
3.09
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.
0.72
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.
-0.15
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.
0.95
Price movement
52 week high149.55
52 week low140.73
Current bid price-
Current offer price-
Current mid price145.34
Region
1France33.4%
2Others15.19%
3Spain15.12%
4Germany10.07%
5USA9.66%
6Netherlands8.19%
7Italy7.3%
8Money Market1.07%
Industry sector
1Others34.3%
2Banks22.6%
3Telecommunications10.58%
4Cyclical Consumer Goods8.98%
5Non-Cyclical Consumer Goods8.07%
6Financials7.4%
7Electricity Supply7%
8Cash & Cash Equivalents1.07%
Asset type
1French Fixed Interest33.4%
2Global Fixed Interest15.19%
3Spanish Fixed Interest15.12%
4German Fixed Interest10.07%
5US Fixed Interest9.66%
6Dutch Fixed Interest8.19%
7Italian Fixed Interest7.3%
8Money Market1.07%
Individual holdings
1SANOFI 0.625% 24 EUR 0.63 05/01/20241.45%
2DEUTSCHE TELEKOM INTL FINANCE B.V. 0.625% BDS 03/04/23 EUR10001.18%
3IBERDROLA INTERNATIONAL BV 1.125% BDS 21/04/26 EUR1000001.09%
4CARREFOUR 0.75 26/01/20241.08%
5TELEFONICA EMISIONES SAU 0.75% INST 13/04/22 EUR1000001.07%
6AIR LIQUIDE 0.38 18/01/20221.06%
7SCHNEIDER ELEC 0.25 09/06/20240.96%
8BNP PARIBAS 0.01 15/01/20230.93%
9EDP FINANCE BV 2.375% BDS 23/03/23 EUR10000.83%
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
  • Barclays Euro Aggregate corporates
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Michel Baud30/04/2015Michel Baud is a Portfolio Manager for BNP Paribas Asset Management’s Global Credit team since 2010 and is responsible for managing long short credit opportunity portfolios. Michel joined BNPP AM from Fortis Investments where he was a Portfolio Manager for CSOs and CPPIs. He joined Fortis Investments in 2004 as a Senior Credit Analyst. Michel started his career in 1996 at SCOR, a re-insurance company, where he worked for 5 years as an Underwriter and Structurer, a Project Manager and as the Chief of the Actuary team. Michel graduated from Ecole Polytechnique (1994) and ENSAE (National School of Statistics and Economic Administration) in 1996.
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, Bahrain, Switzerland, Chile, Czech Republic, Germany, Spain, Finland, France, United Kingdom, Greece, Hungary, Italy, Jersey, Lebanon, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Slovakia, Sweden
Parvest Sustainable Bond Euro Corporate Classic Acc EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price145.34
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBII3
Parvest Sustainable Bond Euro Corporate Classic Acc USD
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price154.18
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBII4
Parvest Sustainable Bond Euro Corporate Classic H Cap CHF
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.39
CurrencyCHF
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUNS
Parvest Sustainable Bond Euro Corporate Classic H Cap CHF EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price89.2
CurrencyEUR
Price updated01/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUNT
Parvest Sustainable Bond Euro Corporate Classic Inc EUR
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.06%
Bid price-
Offer price-
Mid price109
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBII5
Parvest Sustainable Bond Euro Corporate Classic Inc USD
Initial charge3%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price115.63
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBII6
Parvest Sustainable Bond Euro Corporate I EUR
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)0.44%
Bid price-
Offer price-
Mid price153.86
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBII7
Parvest Sustainable Bond Euro Corporate I USD
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.48%
Total expense ratio (TER)0.43%
Bid price-
Offer price-
Mid price163.21
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBII8
Parvest Sustainable Bond Euro Corporate N Cap EUR
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price138.83
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBII9
Parvest Sustainable Bond Euro Corporate N Cap USD
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.55%
Bid price-
Offer price-
Mid price147.27
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIJ0
Parvest Sustainable Bond Euro Corporate Privilege Acc EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price113.83
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIJ3
Parvest Sustainable Bond Euro Corporate Privilege Inc EUR
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.98
CurrencyEUR
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFKZC
Parvest Sustainable Bond Euro Corporate Privilege USD
Initial charge3%
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price120.75
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBIJ4
Parvest Sustainable Bond Euro Corporate X Cap EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBIJ1
Parvest Sustainable Bond Euro Corporate X Cap USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.18%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price141.09
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeBIJ2
Data provided by

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