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PARVEST Flexible Bond Europe Corporate I Cap EUR

Ranked 15 out of 46 in - Euro Corporates over 12 months
All calculations are in EUR unless stated

Managed by

Luca Pagni

Born in Rome and now based in Paris, Luca Pagni is a portfolio manager at BNP Paribas. Pagni began working at BNP Paribas in 2010, having previously held positions at INA SGR, Pioneer Asset Management and Fortis Asset Management. Pagni runs the Parvest Flexible Bond Europe Corporate fund, following a macro-based, fundamental investment approach. Pagni graduated from LUISS University in Rome with a degree in Financial Innovation. When not at work, Pagni enjoys playing chess.

Objective

The sub-fund invests at least 2/3 of its assets in bonds or securities treated as equivalent to bonds, and structured debt, issued by companies that have their registered office in, or conduct a significant proportion of their business in Europe, and also in financial derivative instruments on this type of asset. Exposure to structured debt (including CLOs) will not exceed 20% of the assets with a limit of 10% for non-investment grade and/or not rated instruments. In the event the portfolio ends up with any distressed and/or default securities as a result of a restructuring event or any event beyond the control of the company, the manager will assess the situation and, if he believes necessary, promptly adjust the composition of the portfolio in order to preserve the best interest of the shareholders. In any case these securities will never represent more than 5% of the assets. The remaining portion, namely a maximum of 1/3 of its assets, may be invested in any other transferable securities, money market instruments, financial derivative instruments or cash, and also, within a limit of 10% of the assets, in UCITS or UCIs.

Showing fund performance in Portugal View performance globally

Performance

Euro Corporates over : 30/04/2017 - 30/04/2018

Total Return

Quarterly Performance

to 31/03/2018 Annual Q1 Q2 Q3 Q4
2018 -0.2%
2017 1.4% 0.0% 0.4% 0.7% 0.2%
2016 3.4% 0.9% 1.2% 1.5% -0.3%
2015 0.1% 1.4% -1.8% -1.6% 2.2%
2014 3.7% 1.2% 1.6% 0.1% 0.7%
2013 3.6% 0.3% 0.0% 1.2% 2.1%
2012 7.4% 3.2% 0.5% 2.6% 1.1%
2011 -1.9% 0.4% 0.1% -4.1% 1.7%
2010 9.5% 6.7% 0.0% 2.0% 0.6%
2009 10.6% 5.4%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Finland
  4. France
  5. Germany
  6. Italy
  7. Jersey
  8. Luxembourg
  9. Netherlands
  10. Peru
  11. Portugal
  12. Spain
  13. Switzerland
  14. United Kingdom

Fund Info

  • Launch date25/11/1998
  • Share Class size22Mn
  • Base currencyEUR
  • ISIN LU0099626896

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

  • Initial investment0

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).