BNPP L1 World Commodities P D

To increase asset value in the medium term. The objective of this fund is to outperform its benchmark, the Dow Jones UBS Commodity Total Return Index.
This subfund can be exposed to the Dow Jones-UBS Commodity Total Return Index and/or to any index representing commodities, combining all sectors, that complies with the recommendations of European Directive 2007/16/CEE. The exposure to indices is obtained by using a synthetic replication method. To do so, the subfund invests in derivative instruments on the index, such as swaps (index swaps, for instance), options, futures, forward contracts linked to the abovementioned indices, on a regulated or over-the-counter market. In particular, the subfund can enter into swap agreements (variable or fixed interest rate swap against index performance). The exposure to indices representing the overall trend of prices for commodities of any kind, via derivative financial instruments may vary between 0 and 100% of the subfund’s net assets.

Key stats

Management firm  BNP Paribas Investment Partners Lux
Domicile  Luxembourg
Fund Administrator  BNP Paribas Investment Partners Lux
Global Branding Name  BNP Paribas
Fund Status  OBSOLETE
Fund currency  USD
Net Assets Date  2013-04-30
Net Assets  $362,479,253
Launch Date  2013-02-13
Obsolete Date  2013-05-27
ISIN  LU0757576383
Manager 1 Name  Gunter TSCHIDERER
Manager 2 Name  Jean-Philippe Olivier
Fund Strategy  Commodities - Broad Basket
Benchmark  DJ UBS Commodity TR USD
Fund Structure  SICAV
UCITS 3 compliant  yes

Performance/Volatility

Return Date  2013-04-30
Return - 1 Month  -3.46%
Return - 2 Months  -3.29 %
Annualized return since Inception  -6.26%

Charges

Initial  5.00 %
Minimum Investment  $1,000,000
Maximum Managment Charge  0.80 %
Exit charge  0.00 %

Contact

Contact name  *
Contact Address  Suite 4806, Central Plaza
Contact Address 2  18 Harbour Road, Wanchai
Contact city  Hong Kong
Contact country  Hong Kong
Fund Admin Group  BNP Paribas Investment Partners Lux
Web Address  www.bnpparibas-ip.com
Email contact  BNPP.IP.Data.Vendors@bnpparibas-ip.com
Custodian  BNP Paribas Securities Services (Lux)
Phone  852-2126-2228

Price

Last Price Date  2013-05-21
Pre-tax nav  92.61
Price change  $0.22
Price change (percentage)  0.24 %

Funds Disclaimer

© 2011 - Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed (save (i) as incidentally necessary in the course of viewing it on-line (ii) in the course of printing off single copies of web pages on which it appears for the use of those authorised to view it on-line), or adapted in any way (3) is not warranted to be accurate, complete or timely. This Morningstar-sourced information is provided to you by GFM Ltd and is at your own risk. You agree that Morningstar and or GFM Ltd are not responsible for any damages or losses arising from any use of this information and that the information must not be relied upon by you the user without appropriate verification. GFM Ltd informs you as follows: (i) The information provided should not form the sole basis of any investment decision (ii) no investment decision should be made in relation to any of the information provided other than on the advice of a professional financial advisor; (iii) past performance is no guarantee of future results; and (iv) the value and income derived from investments can go down as well as up.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

Ratings Disclaimer

© 2010 - 2011 Morningstar UK Limited. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
For fund additions and/or data corrections please contact dataquestions@morningstar.com

All our data is licensed from Morningstar UK Ltd. Important legal information