BNP PARIBAS FLEXI I ABSOLUTE RETURN CONVERTIBLE Classic Capitalisation/  LU2020653767  /

Fonds
NAV1/23/2025 Chg.+0.1600 Type of yield Investment Focus Investment company
132.7600USD +0.12% reinvestment Bonds Worldwide BNP PARIBAS AM (LU) 

Investment strategy

The Product seeks to increase the value of its assets over the medium term by investing in convertible securities issued by companies from all over the world and/or other fixed income securities such as corporate bonds. The Product is actively managed without reference to an index. The Product will invest at least 2/3 of its assets in fixed income securities including convertible bonds, corporate and government bonds, and money market instruments. The remaining portion, namely a maximum of 1/3 of its assets, may be invested in mandatory and preferred convertible bonds and equities. The Product may invest up to 10% of its assets in investment funds. After hedging, the exposure to currencies other than USD may not exceed 25%. Environmental, social and governance (ESG) criteria contribute to, but are not a determining factor in, the manager's decision making.
 

Investment goal

The Product seeks to increase the value of its assets over the medium term by investing in convertible securities issued by companies from all over the world and/or other fixed income securities such as corporate bonds.
 

Master data

Type of yield: reinvestment
Funds Category: Bonds
Region: Worldwide
Branch: Convertible Bonds
Benchmark: -
Business year start: 7/1
Last Distribution: -
Depository bank: BNP PARIBAS, Luxembourg Branch
Fund domicile: Luxembourg
Distribution permission: Austria, Germany, Switzerland, Czech Republic
Fund manager: CHABBI Skander
Fund volume: 109.09 mill.  EUR
Launch date: 2/14/2020
Investment focus: -

Conditions

Issue surcharge: 3.00%
Max. Administration Fee: 0.90%
Minimum investment: 0.00 USD
Deposit fees: -
Redemption charge: 0.00%
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
 
90.60%
Cash
 
9.40%

Countries

United States of America
 
54.18%
Germany
 
15.85%
Cash
 
9.40%
China
 
5.76%
Spain
 
3.44%
Japan
 
2.72%
Belgium
 
2.53%
France
 
2.44%
Korea, Republic Of
 
2.26%
Italy
 
1.42%

Currencies

US Dollar
 
97.66%
Euro
 
1.01%
Japanese Yen
 
0.07%
Others
 
1.26%