Register free for our breaking news email alerts with analysis and cutting edge commentary from our award winning team. Registration only takes a minute.

BNP Paribas L1 Bond Euro Corporate Classic Cap

Ranked 46 out of 75 in - Euro Corporates over 12 months
All calculations are in EUR unless stated

Managed by

Aziz Hellal

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 Fund seeks to increase the value of its assets over the medium term by investing in Investment Grade bonds and/or securities treated as equivalent denominated in EUR and 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. The remaining portion, namely a maximum of 1/3 of its assets, may be invested in non-euro denominated bonds, investment grade structured debt limited to 10% of the assets, contingent convertible bonds limited to 10% of the assets, money market instruments, financial derivative instruments or cash, and also, within a limit of 10% of the assets, in UCITS or UCIs. The sub-fund may use financial derivative instruments on futures markets regulated in France or abroad to hedge against and/or expose the portfolio to bonds risks and to achieve the investment objective. The sub-fund is actively managed and as such may invest in securities that are not included in the index which is Barclays Euro Aggregate Corporate (RI).

Showing fund performance in Belgium View performance globally

Performance

Euro Corporates over : 31/08/2017 - 31/08/2018

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.8% -0.9%
2017 2.6% 0.3% 0.6% 1.1% 0.6%
2016 3.0% 1.7% 1.3% 1.4% -1.5%
2015 -0.5% 2.0% -3.5% -0.3% 1.4%
2014 2.7% 1.4% 1.6%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Belgium
  2. Italy
  3. Luxembourg

Fund Info

  • Launch date31/01/2014
  • Share Class size127Mn
  • Base currencyEUR
  • ISIN LU0982364571

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

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