Fund: BNPEFB

BNP Paribas Funds Euro Flexible Bond [Classic, C]
LU2355554416
01-04-2022
Bond
Bonds - Short Term - EUR
BNP PARIBAS FUNDS
BNP PARIBAS ASSET MANAGEMENT Europe
EUR
100
3%
This Fund is actively managed. The composite benchmark 20% Bloomberg Euro Aggregate 1-3 years + 80% €STR is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the composite benchmark.The Fund seeks to achieve a return that is higher than Euro Money Market over a recommended investment horizon of around 36 months by using an actively managed flexible bond strategy while maintaining a high level of liquidity.It is managed based on a flexible approach combining active and fundamental approaches on duration management, yield curve position, country allocation, issuer selection as well as on OECD Currencies. This process is combined with internal sustainability extra financial research capabilities as well as macro and credit research and quantitative analysis forces.The selection process comprises four phases, each run by ad hoc committees: the identification of macro economic trends, an assessment of the major fixed income asset classes, an allocation by sector, country and maturity as well as risk budget based and finally a portfolio construction based on the aforementioned phases.The exposure level to Investment Grade Fixed Income and Money Market instruments will be comprised between 50% and 100%.The exposure to Non Investment Grade Fixed Income instruments such as High Yield debt instruments may reach up to 30% and the cumulated exposure to High Yield and non-rated debt instruments may reach up to 40%.After hedging, exposure to currencies other than the EUR will be less than 40%.The sub-fund may not be invested or exposed to equities.Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making.
EIC Fund Rating
102.7900
18-04-2024
0.0389%
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 1.27% 1.94% 2.01% 3.31% 3.65% - - - - N/A
Priemerná výkonnosť (36 meraní) - - - - -
Volatilita od priemernej výkonnosti - - - - -
Rozloženie aktív
Long Short Net
Stock
Bond 170.30% 98.76% 71.54%
Other 0.00% -0.00%
Cash 28.46% 28.46%
Veľkosť fondu
Aktíva853 mil.
Počet akcíí0
Počet dlhopisov93
Nákladovosť fondu
Priebež. popl.1.09
 z toho Mng. popl.0.75
Výk. prémia
Trans. popl.0.80
Výnosovosť fondu
Dividenda
Dividendový výnos
Rozhodný dátum
Frekvencia výplaty
Dlhopisové portfólio
Government -0.44
Corporate 58.69
Derivatives 45.15
Výnos do splatnosti p.a.
Modifikovaná durácia
Kreditné rozloženie
AAA 14.45
AA 6.39
A 6.71
BBB 24.46
BB 14.08
B 0.00
Below B 0.00
Not Rated 33.91
Top 10 pozícií
SpoločnosťSubsektorVáha SpoločnosťSubsektorVáha
Euro Schatz Future Mar 24 29.99% Germany (Federal Republic Of) 0.1% 9.98%
France (Republic Of) 0.1% 7.14% France (Republic Of) 3.4% 5.92%
Italy (Republic Of) 0.65% 5.56% International Consolidated Airlines Group S.A. 3.75% 2.76%
CA Auto Bank S.p.A. Irish Branch 5.516% 2.3% Rolls-Royce PLC 1.625% 1.62%
Accor SA 2.625% 1.58% Intesa Sanpaolo S.p.A. 4.722% 1.55%