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  5. BNP Paribas Europe Equity - Managed fund profile

BNP Paribas Europe Equity - Managed Fund (Closed)

Fund Objective
The objective of the Fund is to provide investors from investments in listed European shares over the longer term (a five to ten year period). The Fund seeks to be fully invested.
Fund Strategy
The Portfolio Manager's investment strategy encompasses company analysis in a European sector framework. A clear view on companies is conducted from a Bottom-up approach, taking into account sector developments and macro view. The internationalisation of economies makes the comparative cross border analysis of competing companies within the same sector relevant and necessitates the analysis of these companies on a sector rather than a country basis.

Fund Performance Comparison

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Fees Comparison

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NOTE: Fee data has been provided by Morningstar, it may not include all costs being charged on your investment such as platform and adviser fees. You should check your fund manager or adviser statements to find out the exact fees you are being charged. Peers are funds that use the same benchmark in the Morningstar database.
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Fund performance

  1M 3M 6M 1Y p.a. 2Y p.a. 3Y p.a. 5Y p.a. 10Y p.a.
Total return -1.64% 8.07% 7.01% -8.37% 1.38% 2.29% -6.57% -1.57%
Growth return -1.64% 8.07% 7.01% -8.37% 1.03% 1.48% -7.4% -2.46%
Income return 0% 0% 0% 0% 0.35% 0.81% 0.83% 0.89%
Market index (MSCI Europe NR USD)
Total return -1.68% -7.12% -3.6% 9.55% 11.85% 4.24% 6.23% 4.78%
As at 30 Apr 2012. Returns for periods greater than 1 year are annualised. All figures are percentages.

Asset Allocation

BNP Paribas Europe Equity
International Equities
96.37%
Cash
3.63%
Australian Equities
0%
Property
0%
Average Allocation of Peers
International Equities
98.35%
Cash
1.36%
Australian Equities
0.12%
Property
0.17%

General Information

Fund Details
Type Description
BNP Paribas Europe Equity
Closed
BNP Paribas Asset Management (Aus) Ltd
ARO0004AU
Equity Europe
starstarstar (as at 31 Mar 2011)
Investment Fund
18 Jun 1997
$5.49 million (as at 30 Apr 2012)
$0.8077 (as at 23 May 2012)
$0.8012 (as at 23 May 2012)
Finalised
Offer information
Type Description
MER 1.40% (as at 30 Jun 2006)
Indirect Cost Ratio (ICR) - Estimated 1.62% (as at 30 Jun 2011) (Estimated)
Minimum initial investment $20,000
Minimum additional investments $1,000.00
Minimum redemption amount $1,000.00

Top 10 holdings (as at 31 Mar 2012)

Holding (as at 31 Mar 2012) Type % of Portfolio
Royal Dutch Shell PLC Equity 5.17%
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FAQs about the BNP Paribas Europe Equity

The objective of the BNP Paribas Europe Equity managed fund is The objective of the Fund is to provide investors from investments in listed European shares over the longer term (a five to ten year period). The Fund seeks to be fully invested.

The strategy of the BNP Paribas Europe Equity managed fund is The Portfolio Manager's investment strategy encompasses company analysis in a European sector framework. A clear view on companies is conducted from a Bottom-up approach, taking into account sector developments and macro view. The internationalisation of economies makes the comparative cross border analysis of competing companies within the same sector relevant and necessitates the analysis of these companies on a sector rather than a country basis.

The APIR code of the BNP Paribas Europe Equity managed fund is ARO0004AU.

BNP Paribas Europe Equity’s total return last month was -1.64%. This was made up of a growth return of -1.64% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

BNP Paribas Europe Equity’s total return for the last three months was 8.07%. This was made up of a growth return of 8.07% and an income return of 0%%. These returns were calculated as at 30 Apr 2012.

BNP Paribas Europe Equity’s one-year total return is -8.37%. This was made up of a growth return of -8.37% and an income return of 0%. These returns were calculated as at 30 Apr 2012.

BNP Paribas Europe Equity’s one-year total return is 2.29%. This was made up of a growth return of 1.48% and an income return of 0.81%. These returns were calculated as at 30 Apr 2012.

The asset allocation of the BNP Paribas Europe Equity managed fund is :

International Equities
96.37%
Cash
3.63%
Australian Equities
0%
Property
0%

The Responsible Entity for the BNP Paribas Europe Equity managed fund is BNP Paribas Asset Management (Aus) Ltd.

The BNP Paribas Europe Equity managed fund belongs to the Equity Europe sector/asset class.

As at 30 Apr 2012, the size of the BNP Paribas Europe Equity managed fund was $5.49 million.

The BNP Paribas Europe Equity managed fund has an inception date of 18 Jun 1997.

The current entry price of the BNP Paribas Europe Equity managed fund is $0.8077 per unit and the current exit price is $0.8012 per unit (as at 23 May 2012).

The current exit price of the BNP Paribas Europe Equity managed fund is $0.8012 per unit and the current entry price is $0.8077 per unit (as at 23 May 2012).

The minimum initial investment amount for the BNP Paribas Europe Equity managed fund is $20,000. Minimum additional investment is $1000.

Fund data sourced from Morningstar. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only. Whilst every care has been taken in producing these numbers, neither Morningstar nor InvestSMART can make any guarantees around the complete accuracy of these figures. Should you decide to change investments, please read all relevant disclosure documents including the Product Disclosure Statements and if required, you may consider speaking to a financial professional for further guidance. A tax event may be realised as a result of switching investments. Past performance is not a reliable indicator of future performance.