Fund: BNPABSI

BNP PARIBAS FLEXI I ABS EUROPE AAA [I, C] - EUR
LU1815416794
25-01-2019
Bond
Bonds - Europe
BNP PARIBAS FLEXI I
BNP PARIBAS ASSET MANAGEMENT Europe
EUR
100
3%
The fund seeks to increase the value of its assets over the medium term by investing primarily into European Structured Debt Securities such as Residential Mortgage Backed Securities (RMBS), Asset-Backed Securities (ABS) and Collateralised Loan Obligations (CLO). The Fund may also invest into any other type of international fixed income securities, money market instruments and derivatives. With respect to rated assets, the fund may only invest in securities rated Aaa or AAA by at least one of the four major Rating Agencies (Moody’s, Fitch, Standard & Poor’s or DBRS), or whose credit is deemed equivalent by the manager on their respective purchase date. The fund will not invest more than 30% of its net assets in any single type of Structured Debt Securities (as defined per the nature of the underlying assets) and no more than 30% of its net assets in Structured Debt Securities backed by underlying assets originated in any given country. In addition, Fund may only invest 30% of its net assets in securities backed by debt issued in Spain, Greece, Portugal, Ireland or Italy (with 10% maximum for each of these countries) and up to 20% of its net assets in Dutch RMBS. Lastly, CLO securities may have maximum allocation of 40%, with a maximum of 10% for US CLOs. The Fund may use derivatives for hedging purpose or to achieve its investment objective. The Fund will invest in securities denominated in a currency of member countries of the OECD. After hedging, the fund may have currency risk (other than EUR) of maximum 5% and investments in other funds will be limited to 10%. The Fund will emphasize investments in instruments with a maximum average expected repayment maturity (as measured by the Weighted Average Life) of 6 years (for CLO securities) or 5 years (for other Structured Debt Securities). The Fund’s overall credit spread sensitivity is between 0 and 3 years and its interest rate sensitivity range is between -1 and +2. Income are systematically reinvested. Investors are able to redeem on a daily basis (on Luxembourg and France bank business days).
EIC Fund Rating
1,093.4100
06-05-2024
0.0393%
Quick compare
1M 3M 6M 9M 1R 3R p.a. 5R p.a. 7R p.a. 10R p.a. od vnizku p.a.
Výkonnosť fondu 0.45% 1.32% 3.10% 4.18% 5.48% 1.91% 1.23% - - N/A
Priemerná výkonnosť (36 meraní) 0.14% 1.12% - - -
Volatilita od priemernej výkonnosti 0.65% 4.17% - - -
Rozloženie aktív
Long Short Net
Stock
Bond 103.20% 2.47% 100.73%
Other
Cash 6.54% 7.27% -0.73%
Veľkosť fondu
Aktíva2,015 mil.
Počet akcíí0
Počet dlhopisov89
Nákladovosť fondu
Priebež. popl.0.19
 z toho Mng. popl.0.09
Výk. prémia
Trans. popl.0.19
Výnosovosť fondu
Dividenda
Dividendový výnos
Rozhodný dátum
Frekvencia výplaty
Dlhopisové portfólio
Government 0.03
Corporate 6.06
Mortgage 93.66
Derivatives -0.69
Výnos do splatnosti p.a.
Modifikovaná durácia
Kreditné rozloženie
AAA 69.45
AA 1.09
A 0.41
BBB 0.00
BB 0.00
B 0.00
Below B 0.00
Not Rated 29.06
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