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BNP Paribas Flexi I US Mortgage I Cap

Ranked 3 out of 6 in - US Dollar Mortgages over 36 months
All calculations are in USD unless stated

Managed by

John P. Carey

John P. Carey is the Head of Structured Securities for FFTW and is responsible for setting strategy, generating alpha ideas, and risk budgeting for the firm’s structured securities portfolios as well as the securitised portion of multi-sector portfolios. Prior to his current role at FFTW, John was the head of the MBS, ABS, and Structured Finance Teams, and the senior portfolio manager for all the firm’s structured securities portfolios. John joined FFTW in 1998 and is based in New York. He was previously a limited partner at Atlantic Portfolio Analytics and Management (APAM), where he traded mortgage-backed securities and agency CMOs. Prior to joining APAM, John was a senior vice president in charge of secondary marketing for the Chase Manhattan Mortgage Corporation. He has 24 years of investment experience. John holds an MBA in finance from New York University (1988) and a BA in mathematical economics from Colgate University (1985). He is a member of the Board of Directors of Standing Tall School, a school in New York City for children with special needs. He is also a member of the New York Society of Security Analysts and is a current CFA Charterholder

Matt Slootsky


The Fund aims to attain a high level of total return while also preserving capital. The Fund invests primarily in a diversified range of agency mortgage-backed securities which are traded in the US and worldwide. The Fund may also invest to a minor extent in other mortgage-backed securities, asset-backed securities, transferable securities, money market instruments, futures and interest rate swaps. Mortgage-backed and asset-backed securities are debt securities which are intended to pay a return based on the income generated by underlying assets such as the mortgage payments from residential homeowners. The Fund will invest only in debt securities that have a credit rating of at least BBB by S&P or Fitch and Baa by Moody's. It is actively managed and as such may invest in securities that are not included in the index, which is Bloomberg Barclays Mortgage-Backed Securities Index (RI).

Showing fund performance in Singapore View performance globally


US Dollar Mortgages over : 30/09/2015 - 30/09/2018

Total Return

Quarterly Performance

to 30/09/2018 Annual Q1 Q2 Q3 Q4
2018 -1.4% 0.0% -0.3%
2017 2.4% 0.5% 0.9% 1.1% -0.1%
2016 2.3% 1.8% 1.8% 1.0% -2.2%
2015 0.0% 1.2% 0.2%

Month by Month Performance

Returns Vs Risk

Registered For Sale In

  1. Austria
  2. Chile
  3. Denmark
  4. Finland
  5. Germany
  6. Italy
  7. Luxembourg
  8. Netherlands
  9. Singapore
  10. Spain
  11. Sweden
  12. Switzerland
  13. United Kingdom

Fund Info

  • Launch date25/09/2015
  • Share Class size334Mn
  • Base currencyUnits
  • ISIN LU1080341909

Purchase Info

  • Min. initial investment0
  • Min. regular additional investment0


  • Initial investment0.00%

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