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PARVEST Bond Absolute Return V350 Classic Cap EUR

Ranked 62 out of 85 in - Bond Strategies over 12 months
All calculations are in EUR unless stated

Managed by

Robert Brauns

Alex Johnson

Alex Johnson is the Head of Absolute Return Fixed Income at FFTW, a subsidiary of BNP Paribas Investment Partners. He is responsible for the management, growth and development of global absolute return strategies, and he is the portfolio manager for multi-strategy absolute return portfolios. Alex joined FFTW in 2008 and is based in New York. Prior to his current role, Alex was Co-Head of Global Fixed Income for FFTW and Head of Portfolio Management prior to that. He also was Senior Portfolio Manager at Fortis Investment Management, and part of the Global Fixed Income team at BlackRock. Alex has over 19 years of global fixed income portfolio management experience. He holds an MA in Law from Balliol College, University of Oxford and an LLM in Law from the University of Virginia.

Objective

The Fund seeks to increase the value of its assets over the medium term with a target volatility of 350 basis points. This objective may not be achieved. The Fund invests in a diversified and weighted allocation of bonds and other debt or instruments, structured debt included issued on international markets and worldwide currencies.The fund will not invest in defaulted securities. The Fund will use different strategies in the portfolio to ensure diversification and flexibility. The weighting of the different strategies may vary over time according to the evolution of market conditions and to reflect the anticipations of the investment team.The Fund may invest up to 100% of its assets in structured debt instruments.It is actively managed and as such may invest in securities that are not included in the index which is Cash Index EONIA (TR).

Showing fund performance in Bahrain View performance globally

Performance

Bond Strategies over : 31/08/2017 - 31/08/2018
  • Rank 62/85 Total Return
  • Rank 58/85 Standard Deviation
  • Rank 55/85 Max Drawdown
Fund Name Currency Return
60 Schroder GAIA Cat Bond EUR Hedged F Acc

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.3%

61 Tungsten SHY Synthetic High Yield UI - AK S EUR

-2.3%

62 PARVEST Bond Absolute Return V350 Classic Cap EUR EUR

-2.4%

63 Amundi Funds II Absolute Return Bond E No Dis EUR EUR

-2.4%

64 BNY Mellon Global Credit EUR H Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-2.8%

Fund Name Currency Risk
56 STRATEGIC QUALITY EMERGING BOND FUND EUR

Currency exposure is hedged

Currency exposure is hedged

EUR

2.3

57 Hypo PF Anleihen long short EUR

2.4

58 PARVEST Bond Absolute Return V350 Classic Cap EUR EUR

2.4

59 La Francaise Multistrategies Obligataires I

Currency exposure is hedged

Currency exposure is hedged

EUR

2.5

60 Amundi Global Macro 2 - I (C)

Currency exposure is hedged

Currency exposure is hedged

EUR

2.7

Fund Name Currency Loss
53 Invesco Active Multi-Sector Credit C Acc EUR EUR

-3.4%

54 Lazard Gestion Flexible Obligataire A EUR

-3.4%

55 BNY Mellon Global Credit EUR H Acc Hdg

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

55 PARVEST Bond Absolute Return V350 Classic Cap EUR EUR

-3.5%

57 SLI Glo SICAV Total Return Credit D Acc EUR H

Currency exposure is hedged

Currency exposure is hedged

EUR

-3.5%

Total Return

Quarterly Performance

to 30/06/2018 Annual Q1 Q2 Q3 Q4
2018 -0.4% -1.8%
2017 0.1% -0.1% -0.2% 0.5% -0.1%
2016 -1.8% -1.6% -0.3% 0.2% -0.1%
2015 -0.2% 1.6% 0.7% -1.9% -0.5%
2014 0.6% 0.2% 0.6% 0.4% -0.6%
2013 2.4% 1.7% -0.1% -0.9% 1.6%
2012 5.3% 2.2% 0.2% 1.7% 1.1%
2011 -2.6% 0.5% -0.8% -2.4% 0.1%
2010 3.4% 0.8% 1.1% 1.6% -0.1%
2009 -1.2%

Month by Month Performance

Returns Vs Risk

Asset Allocation

Breakdown

31/07/2018

Top 10 Holdings

Stock Size
Accounts Receivable 19.30%
Federal National Mortgage Association TBA 9.96%
PARVEST Bond Best Select Wld Emerging X Cap USD 9.80%
Federal Home Loan Mortgage Corp TBA 9.27%
United Kingdom 0.750% 22-Jul-2023 7.59%
EUR Cash 6.64%
Federal Home Loan Mortgage Corp TBA 3.88%
Federal Home Loan Mortgage Corp TBA 3.87%
Greece, Republic of (Government) 0.000% 12-Oct-2018 3.53%
Spain 2.900% 31-Oct-2046 3.13%
31/07/2018

Registered For Sale In

  1. Austria
  2. Belgium
  3. Cyprus
  4. Czech Republic
  5. Denmark
  6. Finland
  7. France
  8. Germany
  9. Greece
  10. Hungary
  11. Ireland
  12. Italy
  13. Luxembourg
  14. Netherlands
  15. Portugal
  16. Singapore
  17. Slovakia
  18. Spain
  19. Sweden
  20. Switzerland
  21. United Kingdom

Fund Info

  • Launch date13/07/2009
  • Share Class size14Mn
  • Base currencyEUR
  • ISIN LU0823447643

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0

Charges

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FFTW’s Alex Johnson has adjusted his duration profile to take advantage of the divergent policy paths in Europe and the US.

Commercial MBS is in a sweet spot, says absolute return chief

Citywire + rated manager Alex Johnson has upped exposure to structured securities to capture mispriced opportunities.

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