BNPP F.Gl.Convertible N USD
LU1104109720
BNPP F.Gl.Convertible N USD/ LU1104109720 /
NAV2024-08-22 |
Chg.-0.2800 |
Type of yield |
Investment Focus |
Investment company |
122.4800USD |
-0.23% |
reinvestment |
Bonds
Worldwide
|
BNP PARIBAS AM (LU) ▶ |
Investment strategy
This Fund is actively managed. The benchmark Refinitiv Convertible Global Focus (Hedged in EUR) RI is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing in convertible bonds issued by companies from all over the world or by getting exposure to such asset class through the use of fixed income instruments and financial derivative instruments.
The manager aims to optimise the risk-return characteristics of the Fund by investing in «mixed convertibles», avoiding convertible bonds that behave like pure bonds or pure equities. After hedging, the exposure to currencies other than USD may not exceed 25%. It may be invested in Mainland China shares restricted to foreign investors such as China A shares which can be listed on a Stock Connect or through a use of a specific license granted by the Chinese authorities. Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making. Incomes are systematically reinvested. Investors are able to redeem on a daily basis (on Luxembourg bank business days) as described in the prospectus.
Investment goal
This Fund is actively managed. The benchmark Refinitiv Convertible Global Focus (Hedged in EUR) RI is used for performance comparison only. The Fund is not benchmark constrained and its performance may deviate significantly from that of the benchmark. The Fund seeks to increase the value of its assets over the medium term by investing in convertible bonds issued by companies from all over the world or by getting exposure to such asset class through the use of fixed income instruments and financial derivative instruments.
Master data
Type of yield: |
reinvestment |
Funds Category: |
Bonds |
Region: |
Worldwide |
Branch: |
Convertible Bonds |
Benchmark: |
Refinitiv Convertible Global Focus (Hedged in EUR) RI |
Business year start: |
01-01 |
Last Distribution: |
- |
Depository bank: |
BNP PARIBAS, Luxembourg Branch |
Fund domicile: |
Luxembourg |
Distribution permission: |
Austria, Germany, Switzerland, Luxembourg |
Fund manager: |
Skander CHABBI |
Fund volume: |
475.42 mill.
USD
|
Launch date: |
2015-05-22 |
Investment focus: |
- |
Conditions
Issue surcharge: |
0.00% |
Max. Administration Fee: |
1.20% |
Minimum investment: |
0.00 USD |
Deposit fees: |
- |
Redemption charge: |
3.00% |
Key Investor Information: |
Download (Print version) |
Investment company
Funds company: |
BNP PARIBAS AM (LU) |
Address: |
10, rue Edward Steichen, 2540, Luxemburg |
Country: |
Luxembourg |
Internet: |
www.bnpparibas-am.com
|
Assets
Bonds |
|
97.19% |
Mutual Funds |
|
1.25% |
Cash |
|
0.92% |
Others |
|
0.64% |
Countries
United States of America |
|
64.97% |
France |
|
4.50% |
Japan |
|
4.33% |
Korea, Republic Of |
|
3.45% |
Cayman Islands |
|
3.00% |
India |
|
2.57% |
Bermuda |
|
2.06% |
Netherlands |
|
1.94% |
Germany |
|
1.79% |
Jersey |
|
1.72% |
Italy |
|
1.29% |
Virgin Islands (British) |
|
1.00% |
Cash |
|
0.92% |
Spain |
|
0.89% |
New Zealand |
|
0.83% |
Others |
|
4.74% |
Currencies
US Dollar |
|
81.29% |
Euro |
|
10.66% |
Japanese Yen |
|
4.92% |
Singapore Dollar |
|
0.52% |
Hong Kong Dollar |
|
0.46% |
Others |
|
2.15% |